Town Offered $11 Million to Rename Itself Sugardaddie.com

Dating website for wealthy people wants to become part of the rich history of Woodside, Calif.
3:00 | 02/28/13

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Transcript for Town Offered $11 Million to Rename Itself Sugardaddie.com
When northern California town known for its very wealthy residents for example the late Steve Jobs -- there. As an interesting proposal from all over located just south of San Francisco it's always been called would cite but one Internet company wants to change the name. To sugar daddy dot com. As the name of -- dating website for wealthy people the companies offering Woodside eleven million dollars to change the name. The City Council chuckled at the offer but says sure it's not likely gonna happen.

This transcript has been automatically generated and may not be 100% accurate.

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