DomainInvesting.com Blog Chooses To Be Non-Transparent, NameBio.com Ends Up Publishing Sales Data

[texmexi]

"Requested DomainInvesting.com/Elliot Silver to publish full list of Uniregistry domain sales he received (he only published 136 names) to remain transparent to his readers, he refused and said info could probally be found on namebio. Later, he said smart people would just email Jeff/Frank from Uniregistry to obtain full list instead of rely on 3rd parties." Read blog post to get full context.

Today, Uniregistry published a press release with domain median sales and amount of names sold in past 8 months (3,617 names sold for total of $29,000,000 in sales). Soon after, Elliot Silver from DomainInvesting.com contacted Jeff Gabriel and requested a list of domain sales for this time period and jeff provided a list of 2,700 names that could be made public.

Soon after, Elliot decided to only publish 136 of the 2,700 names in the list of domains that have sold for $20,000 and above, which was only 136 names (0.06%) of the list. I left a comment on domaininvesting.com requesting Elliot Silver if he could publish the full list of all domains (The remaining which equates to 99.04%) under $20k via a downloadable link or post. I explained this is what I assumed many of his readers (as well as I) were interested in, as this is the sweet spot in the domain aftermarket that provided data on trends, demand, sales prices, etc. Very valuable data to domain investors.

After requesting this info, the discussion escalated. The end state he refused to remain transparent and said he would not be pressured or bullied to publish data. Additionally saying, smart people would request the list directly from Jeff/Frank at uniregistry instead of relying on a 3rd party (Yes his blog) to provide such data.

When you conduct business or publish a blog in any industry, Transparency is essential for customers/readers to establish trust. Bloggers/businesses who refuse to be and remain transparent, when given an opportunity to do so, Should be called out for such practices, so others do not try and do same thing. So, this is the reason for this news, and I am calling out Elliot Silver of DomainInvesting.com for choosing to be nontransparent, and cherry picking sales data to make public, while hoarding the true valuable data. I am sure the only reason Jeff Gabriel released this info to Elliot is because he assumed Elliot would make it public as a respected Domain industry blogger. No chance of that happening according to Elliot Silver. NameBio.com has released the full list that can be downloaded! Thank you to Michael for making this data public.

.

 

[texmexi]

Business Transparency Defined
In its simplest sense, business transparency means clear, unhindered honesty in the way that s/he does business. But it’s more than that. One business dictionary defines transparency as a “lack of hidden agendas or conditions, accompanied by the availability of full information required for collaboration, cooperation, and collective decision making.” The same source describes it as an “essential condition for a free and open exchange whereby the rules and reasons behind regulatory measures are fair and clear to all participants.” Meanwhile, another source defines transparency as “the full, accurate, and timely disclosure of information.”

 

[texmexi]

What is 'Business Ethics'
Business ethics is the study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Law often guides business ethics, while other times business ethics provide a basic framework that businesses may choose to follow to gain public acceptance.

BREAKING DOWN 'Business Ethics'
Business ethics ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. For example, a portfolio manager must give the same consideration to the portfolios of family members and small individual investors. Such practices ensure that the public receives fair treatment.

The concept of business ethics arose in the 1960s as companies became more aware of a rising consumer-based society that showed concerns regarding the environment, social causes and corporate responsibility. Business ethics goes beyond just a moral code of right and wrong; it attempts to reconcile what companies must do legally versus maintaining a competitive advantage over other businesses. Firms display business ethics in several ways.

Read more: Business Ethics http://www.investopedia.com/terms/b/business-ethics.asp#ixzz4tO3ssdWg