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Billed as "the man who owns the Internet," Ham owns domains such as God.com and Satan.com and routinely pays six-figure prices for URLs he likes.
Bao launched the app not too long ago; its purpose was to solicit compliments from users' online friends. The user would simply post or tweet a unique URL along with a phrase like, "Enter three words that describe me." The app would then collect (often anonymous) three-word descriptions and track which words came up most often.
It was a big hit. Until it wasn't. Traffic spiked and dove as the app's popularity waxed and quickly waned. Having other projects on his personal front burners, Bao put ThreeWords up for sale two days ago.