Andrew Hazen is an Internet entrepreneur turned angel investor who founded Angel Dough Ventures. In 2011, Andrew’s company, Prime Visibility, was acquired for $36 million in cash. Andrew has done well for himself, and I want to share an interesting tidbit I learned when reading an interview he did for New York Enterprise Report magazine.
Andrew spent nearly $20,000 on the Coupons.info domain name and he turned it into a big money maker. Here’s what he had to say about the purchase and subsequent income: “Another bold decision was to purchase www.Coupons.info for $17,600 in 2010 (yes .info, not .com). Sure enough, I was able to generate more than $50k a month in revenue from the site.”
I reached out to Andrew, and I was able to learn a bit more about the domain name and its history. The domain name was acquired via Sedo’s Great Domains auction. The domain name fit perfectly within Hazen’s network of 50+/- coupon related websites. Although the site is no longer generating $50,000 a month, I am told it generated between $35,000 – $56,000 a month for 6-8 months. That’s quite a significant ROI!
According to a Whois search, Hazen Holdings LLC still owns the Coupons.info domain name, and you can see it’s still up and running, although this line of business doesn’t seem to be one of Hazen’s primary focal points these days.