Back in the late 80s, Wall Street trader and entrepreneur Mike “Zappy” Zapolin, sniffed out how potentially profitable registering internet domain names could be for scaling businesses. Except, most companies he approached with this idea thought he was simply crazy. “Oh, we have brochures,” they told him. “What do we need an internet domain for?”
That’s when Zappy, who describes himself as a “futurist”, decided to buy out some of the most common domain names, including Beer.com and Diamond.com, for amounts ranging from US $80,000 to $300,000. Within a few years, he sold these for more than seven million dollars each.
His intuitive abilities propelled him to millionaire status overnight when the internet boom happened. “Forward thinking” is one way to encapsulate his personality, but “bizarre, bonkers yet somehow brilliant” works equally well.
Today, 53-year-old Zappy has come a long way from his days of…