Home Blog

Why Some Startups Insist on NDAs for Domain Name Purchases

Over the weekend, Paul Graham, Founder of the Y Combinator startup accelerator, shared his thoughts upon hearing about a startup’s $250,000 domain name acquisition:

The startup founder, Arlan Rakhmetzhanov, out himself as the $250,000 buyer of Folk.com. I would agree with Arlan’s assessment that it was a good deal for his company, as Folk.com is a short and meaningful one word .com domain name. It was also an exceptional domain name upgrade over GetFolk.app.

PMC Weekend is Here – $10k+ Raised So Far

One of my favorite weekends of the year has arrived. On Sunday, I will be riding in my 13th Pan-Mass Challenge to raise money for Dana-Farber Cancer Institute. With help from friends and colleagues in the domain investment business, we have raised more than $10,000 for Dana-Farber this year. My fundraising goal is $15,000.

We all know someone who has had cancer or has cancer. It’s a terrible disease that impacts people around the world. I’ve had friends and family overcome their cancer diagnosis, and sadly, I have lost family and friends to cancer. Dana-Farber helps people with cancer around the world, and its research helps give people with cancer better outcomes.

Monitor Your Spam Folder

In February, I discovered the contact form on my corporate website wasn’t working. I’m not exactly sure what happened, but my WordPress developer made a fix that solved the deliverability issue. However, the contact form receives a fair amount of spam emails now that it is working. This issue needs to be addressed at some point soon, but it is more of an annoyance than a problem.

My email provider has been doing a good job of marking these spam messages correctly. I check the spam folder on a regular basis to try to ensure I am not missing anything, but if a contact form email is marked as spam and isn’t quickly identifiable as something other than spam, I’ll just trash it and all other spam emails.

Cognition.com Acquired by Cognition via Lumis

Cognition, one of the most high profile AI companies, has acquired its brand matching Cognition.com domain name. According to a post on LinkedIn this morning, the deal was brokered by Lumis:

Whois records at DomainTools shows the domain name may have changed hands in late May. It had been registered under Whois privacy at GoDaddy and it transferred to MarkMonitor, where it is now publicly registered to Cognition AI, Inc.

Spending $40k on a Domain Name to Eliminate Friction

There are many reasons for why a company will drop a chunk of change on a domain name. The Founder of an AI sales tool called ZipChat shared that his company spent $40,000 to acquire ZipChat.com in order to eliminate friction. The business uses ZipChat.ai for its website.

Obviously, I think this domain name acquisition was smart.

Verisign: .Web Domain Names Coming This Year

4

It’s been quite a long time since we’ve heard anything about .web domain names. Nearly 10 years ago, Verisign, via a company call Nu Dot Co, won the auction for the .web extension, as noted by the BBC. For quite some time, there were legal battles related to the auction. Wikipedia has a page with some background about .web.

It appears that .web domain names will finally be coming to market this year, according to a press release from Verisign that was published last night. The two most notable sentences in the press release were: