FORBES: Startups and Domain Names (Part 1)

[GiftedDomains]

Interesting Article in FORBES Magazine:

http://www.forbes.com/sites/davidte...-a-startup-spend-vc-funding-on-a-domain-name/

 

[Michael R.]

Thanks, interesting!

 

[Kenny]

Good stuff in that article.

There are some automated valuation tools on the web like valuate.com and estibot.com that use search traffic, backlinks, and other data to appraise the value in the domain name. Still, deciding on the right price for a target domain name is almost entirely an exercise in negotiation, not valuation. The automated algorithms can’t account for intangibles like name fit for the buyer’s business and the seller’s speculation on its worth.

Also, the comment by Adam...

I look forward to Pt.2

Peace,
Cy

 

[alien51]

If it is impossible to acquire your desired domain name early on, we recommend registering a similar name (e.g. xyz.co instead of xyz.com, if and only if xyz.com is not currently being used) so that there is minimal confusion when you ultimately switch.

It's interesting he DID recommend getting a .CO as a dot com alternative.

if you’re a VC-backed startup, you should conceal your personal information when you initiate the negotiation process for a good domain name in order to detach the valuation of the name from your status. However, if you’re an unfunded college student, you should emphasize your current, presumably low-cash, status.

In other words, a VC-backed startup should conceal itself as an unfunded college student presumably of low-cash status.

Only a small number of strategic buyers can use a good domain name at any given time, so therefore it’s very hard to get paid a lot of money for a given domain name. For a high sales price to occur, you need what economists call a ‘coincidence of wants’: a buyer with liquid cash and a need for your specific domain name.

This means, most domainers dreaming of making a big sale, are actually looking for their "prince charming", or their "knight in the shining armor" to suddenly appear in the clouds. It could take 20 years of waiting.

 

[lincolndsp]

isn't the word 'startup' now like a dirty word now?

 

[alien51]

isn't the word 'startup' now like a dirty word now?

Just like the term 'exact search domains', means spammy domains nowadays.

 

[GiftedDomains]

or "premium" which means "crap".

I think if you make a thread "crap domains for sale" at NP, you will sell a lot more.
(will be my new "guerilla marketing" tactic from now on :D )

 

[DynamoMoe]

thank you enjoy reading

 

[4pm]

or "premium" which means "crap".

I think if you make a thread "crap domains for sale" at NP, you will sell a lot more.

+1

"Premium" sale threads is the most annoying thing on NP

..only competing with US-only godaddy codes


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