Bill Karamouzis Buys MathGames.com for $725,000 to Launch His Groundbreaking  New Company TeachMe, Inc.

In our latest Cover Story that was published just minutes ago, Bill Karamouzis revealed that he paid $725,000 to acquire MathGames.com to use for a new website that is the first offering from his revolutionary new children's education company TeachMe, Inc. 

Karamouzis was first profiled in our March 2010 Cover Story after he shocked followers of the domain aftermarket by paying $350,000 for CookingGames.com. Many thought he was crazy to pay so much - and he was - crazy like a fox.  As an experienced and very successful developer of Internet games, Karamouzis knew something no one else did - that CookingGames.com could provide the foundation for a very successful website. That is exactly what he turned it into as he grew his company, Hallpass Media, into such a powerhouse that within a year gaming giant MindJolt came along and bought the entire company.

Bill Karamouzis, Co-Founder
TeachMe/MathGames

With his latest startup, TeachMe, Inc., Karamouzis is now aiming to do something much bigger. With  Math Games and TeachMe.com (a name he acquired for just $50,000) and a new partner, fellow internet gaming pioneer Rhys Jones, the new company believes it can completely revolutionize children's education. If it works it would be the home run of all home runs for the Canadian domain developer. You can read exactly  why he thinks he can do it here: 
How Bill Karamouzis Plans to Change the World With a Big Idea and a Bold Domain Buy.

As for the MathGames.com purchase - that will be charted in our next weekly domain sales report Wednesday (August 6) when it will also be added to our Year to Date Top 100 Sales Chart. It will enter that elite list as the 2nd biggest sale reported so far in 2013, trailing only 114.com, a name that sold for $2.1 million earlier this month. With MathGames.com, the domain aftermarket will also log its 7th consecutive week with at least one six-figure (or higher) sale reported.  

(Posted August 1, 2013)