Some Sunday Thoughts & Updates
Football season is here! As a New England Patriots fan, I am glad football season is back because the “deflategate” talk has gotten super tired. If you’re a Patriots fan, I wish your team lots of luck. If you root for other teams, especially the Jets, Colts, Ravens, Giants, Bills and Eagles, I wish you a long and depressing season.
Here are some domain industry updates and observations. You are welcome to share yours in the comment section.
I don’t know what is worse, having a seller agree to a deal and then completely disappear or having a buyer agree to a deal and completely disappear. Both are annoyances that happen regularly.
I thought Morgan Linton’s Medium.com article with advice to startups about domain names was a very good. I think some startup founders have some animosity towards domain investors who own the domain name they want, and following Morgan’s advice is a good way to engage. Creating a hostile negotiation is a bad idea.
Forbes had an interesting article about how a company called Chain.com got its domain name. It’s well worth a read and it shows the lengths a company will go to get a domain name it needs.
The GoDaddy legal victory is very good for the entire business. Although domain parking isn’t as big as it once was, it still provides considerable income for domain owners who haven’t developed their domain name assets. If this revenue stream disappeared, not only would it take away money from investors, but it would remove a business usage of domain names that is often cited in UDRP cases by domain owners. If GoDaddy had lost, it would have sent shockwaves across the entire business of domain parking.
Donuts released 200,000 two character domain names. I can do you one better. I am looking to sell N.Ventures and N.Holdings! Let me know if you’re in the market and we can work out a deal!
I am still using Primary.com to buy clothes for my kids. The founders of the company, who I do not know personally, know how to treat their customers and make them feel important. I would not be surprised to see a HBS case study about the company in the future.
Although I am not really buying new gTLD domain names, I have nothing against them. If I see them selling regularly on the top sales report, I will be happy to pay a premium for them. I have no interest in locking up my money today in the hopes that I can sell them for a premium in the future.
Wishing those of you a happy new year if you’re celebrating the Jewish new year!
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