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| '''Marc Ostrofsky''' is a ], ] based ]. He has created over $300 Million in telecommunication, publishing and internet based ventures. | '''Marc Ostrofsky''' is a ], ] based ]. He has created over $300 Million in telecommunication, publishing and internet based ventures. | ||
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Marc Ostrofsky is a Houston, Texas based serial entrepreneur. He has created over $300 Million in telecommunication, publishing and internet based ventures.
Called a "Technology Wildcatter" by the The Houston Business Journal, he uses information, technology, knowledge and marketing to create a host of successful ventures ranging from Magazine Publishing and Trade Shows to internet firms, web sites and other web based ventures using his Venture Capital Firm.
He is the originator and co-founder of Internet REIT, Inc. or www.iREIT.com an internet firm backed by a handful of high profile Venture Capitalists Firms and wealthy private investors including Starbucks Founder and Chairman, Howard Schultz and Texas Billionaire, H. Ross Perot among others.
Internet REIT (iREIT) is a next-generation Internet media company that acquires, develops and basically sells internet traffic "wholesale" to google for them to resell to advertisers on a pay per click basis. iReit.com owns an extensive domain name portfolio including Internet Portal Netster.com, Bands.com, CreditReports.com, Shows.com, eBuy.com, Recipe.com, GoCarts.com, VietnamWar.com, [[OfficeSupply.com[[ and many others.
Marc is most known in the internet market for the sale of Business.com in 1999 for $7.5 million to eCompanies which landed in the Guinness Book of World Records for the most expensive domain name ever sold.
He coined the phrase "Domain Names are the Real Estate of the Internet" when he bought Business.com for $150,000 in the mid 90's which, at that time, was the most money ever paid for a domain name at that time. The press called him "crazy for spending $150K on domain name".
Mr. Ostrofsky is a technology & Internet evangelist as well as a technology researcher in various Internet sectors. His upcoming book, "Get Rich Click", is scheduled for release in September of 2007 as well as a TV Game show pilot he is currently working on with the same name.
Prior to these ventures, Ostrofsky founded and sold five "high tech" Internet and telecommunications magazines and 10+ technology trade shows and conventions that were all later sold to Advanstar publishing for $8,000,000. He then created and sold Multimedia Publishing Corporation another firm he founded made up of technology magazines, trade shows and web sites to Primedia (NYSE: PRM) for $35,000,000.
He was one of the early pioneers and founders of the Voice Mail/Voice Processing market, the Private Pay Phone Market, the Operator Services market as well as the primary founder of the Prepaid Telephone Card market in the United States after extensive research on the subject of prepaid telecom using smart cards throughout Europe.
He also founded www.idNames.com an international domain name registration service that was sold to Network Solutions with his friend (Pinky Brand) who was running the firm when it was sold. This firm is now a $35+ million division of Verisign.
He is an owner, investor and Board Member of www.Blinds.com, a firm selling some $50+ million annually. He is an investor and owner of CuffLinks.com. He also owns operating web sites www.DudeRanches.com and www.SummerCamps.com which is the #1 site for helping parents find just the right Summer Camp for their children.
He also owns other internet real estate including domain names MutualFunds.com, Bachelor.com,HeartDisease.com, BeautyProducts.com, Proof.com, eTickets.com, Consulting.com, WatchExchange.com, MortgageCompanies.com, InsuranceCompanies.com, Cars.info and over 300 other domain names & web sites.
He is a professional photographer and owns www.Photographer.com, iPhotos.com, PhotoWorkshops.com and PhotoTrips.com. He is currently developing his latest venture, www.FotoFonts.com and a handful of other domain names that will become web sites.
His television interviews include: The Today Show, ABC's 20/20, Wall Street Journal Report, ABC, NBC, CBS, CNN, as well as others. Newspaper and wire service media include The Associated Press, The Wall Street Journal, The New York Times and USA Today and Newsweek magazine among others.
He is a professional speaker domestically and internationally on Entrepreneurship, on a number of topics in entrepreneurship, business and starting, owning and running a business profitable on the internet - ie, "Get Rich Click".
He is a member of the NSA-National Speakers Association and was the initial creator of the ICA - Internet Commerce Association and several other associations back in his early days in telecommunications.
While he loves travel and fashion photography along with his other passion of playing golf. Mr. Ostrofsky is a graduate of the University of Texas at Austin in the field of Marketing and has three teenage daughters. He makes his home in Houston, Texas although his extensive travel and speaking schedule keeps him on the road a lot of the time.