As an Internet entrepreneur, in 1989 he was one of the first domain investors and acquired over 12,000 one worded domains in the Internet’s early history.
January 12th, 1992
Phil Fischer drops all 12303 of the one worded domain names for lack of payment. A few years later Greatdomains.com brokers the same domain names such as loans.com, and car.com, and business.com for Millions. Estimated value of Fischer’s portfolio was over Twenty three Million.