snoop said:
Would say around 200-300k. I beleive the bookmarks.com sale was to an enduser. I agree with rachelletcy88, this names seems to have been on the market forever, the longer something is marketed and doesn't sell, the more it looks like a lemon.
Hi there snoop,
Yes, I think the owner of NetRocket purchased this domain. Eliott blogged about it. I think he has a specific use for it, for his new social network.
I agree with your comments about a business going stale if it is out there too long. That is why I have not marketed or launched it. Besides specialized groups like NamePros, there really aren't that many people who are aware of the domain's existence, other than those who visit it for the blog each day. It is a fair amount of visitors, and I have been able to increase the number of monthly visitors by several fold over the last year, yet I agree that I can do much better.
So it really hasn't been publicized, or had a chance to fail yet. It is growing slowly. Right now, I am still in the very early development stage, where I am experimenting with ideas - e.g. directories, Digg-like site, blog, etc. There are several other ideas that I am working on. Each step gives me more information to build on.
If you have any ideas, I welcome them.
Regards,
Rich
Tivo said:
Social Networks are popular because they can drive traffic to your site. Plus stumble upon and other networks are a great way to find new sites that others think are cool, interesting, or useful. Hence why people would like their sites listed with these networks.
Hi there Tivo,
I agree that some social networks are good for driving traffic, but most end up going nowhere, because people are reluctant to spend any time on any but the most popular social networks. Even on Digg, only a very small percentage of the daily visitors actually participate.
The difficulty that I have with social networks, is how to monetize them. I am not sure any have turned a profit yet, though at least two have been either sold for a tidy profit, or have been able to find some substantial investment dollars. However, this does not mean that they have been successfully monetized.
It is long shot to hope for a buyout (especially with all of the first movers out there like MySpace, FaceBook, and LinkedIn). So what I would like to understand is how to successfully monetize these sites. It is a well known fact that repeat visitors do not click on ads, and I am not even sure they are influenced by ads, since they learn how to ignore them, but I can be wrong about this.
Thanks for your comments.
Regards,
Rich
rachelletcy88 said:
I wonder how many times you want this to be appraised. Stop wasting your time man.
Hi there,
During the client/server and Internet booms in the 80s and 90s, I was a technologist and served on the Board of Directors, of many startups. Most never made it big (though they might have had limited success), some grew into powerful, well-known, listed companies.
One thing all of the companies had in common, was leadership that had patience. It normally takes six years or more for a company to take off. There are lots of stops and starts along the way. Sometimes companies totally re-invents itself to take advantage of new trends. Google, for example, went from a Web search engine, to a major advertising platform.
I have been working on Links.com for about a year right now, and am very pleased with the progress. As I mentioned, I have increased monthly traffic substantially. I am working on new ideas and will continue to develop the domain. Like many of the startups that I have worked with during my career, I think that patience, persistence, and unique ideas for the marketplace, are key ingredients in building a great business.
Regards,
Rich