A couple of years ago I leased the domain foundit.com, with an option to buy to a startup.

Since then the buyer has been hard at work and today they announced the completion of their lost and found site for all things, from your camera to your laptop to your blackberry and much more.

Another great example of how you can use a good domain and turn it into a business with an idea, a lot of hard work and a few bucks:

The Company
FoundIt is a loss protection and recovery service that virtually guarantees a lost and found item will be returned to you. Sign up today to protect your cell phone, laptop, camera, blackberry…even your little girl’s teddy bear, through our custom tracking service.

Your Problem
With everyone today walking around with their personal and corporate lives attached to their hips, the amount of lost personal items has skyrocketed 350% since 2001.

If you’ve lost a laptop, PDA or cell phone, then you are well aware of what this horrible experience has cost you or your company. While expensive insurance might provide a refurbished replacement, what you really want is your irreplaceable data and sentimental item that you value the most, back in your hands.

Our Solution

Foundit provides individual plans, corporate packages and enterprise solutions whereby customers acquire a unique numbered Foundit decal and then register anything from a PDA, iPod and laptop to a skateboard and a bicycle through Foundit.com. When a registered item is found, Foundit’s service team facilitates the entire return process.

An Awesome idea, which we believe will be very successful and we wish all the folks at foundit.com the best of luck.