.tv State of the Union - DOT TV

[localexperts]

Normally Raymond would make these comments, but Ray is no longer the moderator. Ray and I speak often - we are meeting on thursday. So I feel that we both share the same sentiments.

If you are developing your DOT TVs - then who cares about the DOT TV forum, Verisign, me, or anyone else

If you are domainer, then you have chosen a higly speculative investment. In the long run, it will probably pay off - provided you have chosen wisely. If you have confidence in your reg, then you can ignore all the intangibles.

However, if you don't have confidence in your reg or if you regged to flip your domain within a few months - then I suggest you head for the exit doors - if you haven't proceeded there. Dropping a domain isn't the end of the world.

I spoke to Igal in 2007. Igal owns one of the best DOT TV portfolios in the world. He told me, he regged a bunch of bad dot tvs - he was going to let his bad ones go - but for the really good ones - he was going to stick to his six and seven figure asking price and if he had to wait 2, 3, 4, 5 or even 10 years - that is what he is prepared to do.

I would suggest that advice can apply to a wide audience.

Either believe in yourself or you don't

But don't blame DOT TV because you wanted to make fast money and don't know what you are doing.

Sermon over.
George Pickering

 

[MicroGuy]

He told me, he regged a bunch of bad dot tvs - he was going to let his bad ones go - but for the really good ones - he was going to stick to his six and seven figure asking price and if he had to wait 2, 3, 4, 5 or even 10 years - that is what he is prepared to do.

Question: Why did he register a bunch of bad .TVs? Now all of a sudden he knows which ones are "really good". Oh Okay.

 

[cityforums.com]

Question: Why did he register a bunch of bad .TVs? Now all of a sudden he knows which ones are "really good". Oh Okay.

Greg don't we all sometimes wake up the next day and say WTH was I thinking when I registered that thing :cy:

even the best miss a few ... I'm not sure Rick Schwartz will ever make a decent return on his Flowers.mobi

I'm sure the opportunity cost is burning a hole even in his big pockets ... the important thing to remember is that

as long as we keep learning and making more good decisions than bad ... its all good and life is great :imho:

.TV is ok ... I just registered a few more non premiums that go well with the extension.

Too bad they don't have a Bob Parson marketing it ... look at what he helped accomplish with .me.

And I agree with you George, if you have good domains you should hold them for 10-20 years if you have to as long as

you can justify the opportunity cost.


Anthony

 

[MicroGuy]

And I agree with you George, if you have good domains you should hold them for 10-20 years if you have to as long as you can justify the opportunity cost.

How can you hold these domains for 10-20 years when the contract with Tuvalu expires in three? If you can't sell them now, what indicators lead you to believe that these "good domains" will be valuable in the future? This sounds like a fantasy to me.

 

[cityforums.com]

How can you hold these domains for 10-20 years when the contract with Tuvalu expires in three? If you can't sell them now, what indicators lead you to believe that these "good domains" will be valuable in the future? This sounds like a fantasy to me.

I forgot that " little " detail ...Greg if that is a fact, you're right ! ...

maybe others can express their views on where this will likely go.

 

[localexperts]

According to my Mayian friend, God's contact with us runs out in 2012 - so even .coms have a limited shelf life.

---------- Post added at 09:48 PM ---------- Previous post was at 09:46 PM ----------

I forgot that " little " detail ...Greg if that is a fact, you're right ! ...

maybe others can express their views on where this will likely go.

Seriously, if you are worried about this - then you have too much time on your hands. Contract or not, DOT TV will be around and in someone's care.

 

[cityforums.com]

According to my Mayian friend, God's contact with us runs out in 2012 - so even .coms have a limited shelf life.

If the Mayans couldn't forsee their own ruin ... what makes anybody think they could have forseen ours :D

 

[localexperts]

Excellent Point!

....so I shouldn't let all my dot coms drop?? j/k

 

[cityforums.com]

Excellent Point!

....so I shouldn't let all my dot coms drop?? j/k

George NOW is the time to stock up ...

lots of good deals out there ...

just bought about 10Ks worth of .coms this month.

 

[snoop]

Normally Raymond would make these comments, but Ray is no longer the moderator. Ray and I speak often - we are meeting on thursday. So I feel that we both share the same sentiments.

If you are developing your DOT TVs - then who cares about the DOT TV forum, Verisign, me, or anyone else

If you are domainer, then you have chosen a higly speculative investment. In the long run, it will probably pay off - provided you have chosen wisely. If you have confidence in your reg, then you can ignore all the intangibles.

However, if you don't have confidence in your reg or if you regged to flip your domain within a few months - then I suggest you head for the exit doors - if you haven't proceeded there. Dropping a domain isn't the end of the world.

The thing is most people own dozens/hundreds of .tv's. If you bought a couple of .tv's to develop then yes you don't have much to worry about. If that is true though why the heck are they reading domain forums and how come they all own more names than they could ever develop? Let's face it, we are all speculating so it is pointless trying to speak to those who aren't, they are probably at webmasterworld and have nearly no stake in the extension.

I spoke to Igal in 2007. Igal owns one of the best DOT TV portfolios in the world. He told me, he regged a bunch of bad dot tvs - he was going to let his bad ones go - but for the really good ones - he was going to stick to his six and seven figure asking price and if he had to wait 2, 3, 4, 5 or even 10 years - that is what he is prepared to do.

I would suggest that advice can apply to a wide audience.

The guy made a hundred million dollars before entering the domain world, whatever the heck he does it isn't going to effect him much. Next you'll be telling us you spoke to Elequa.....these guys can sustain big losses in .tv - which is what I think they have been doing thus far. If it doesn't work out it won't matter much to them. It is not advice the applies "to a wide audience".

 

[MicroGuy]

Excellent Point!

Agreed, and so relevant to this discussion.

The main argument in this thread/forum seems to be this: I have something that is worthless now, but in 10 or 20 years, after I have paid "The Man" (aka mr. registrar) tons of money in renewal fees, it's going to be valuable. This is not logical and does not compute. IMO.

 

[snoop]

How can you hold these domains for 10-20 years when the contract with Tuvalu expires in three? If you can't sell them now, what indicators lead you to believe that these "good domains" will be valuable in the future? This sounds like a fantasy to me.

I think the contract stuff is a fairly small issue. The question is who can afford to sustain 10-20 years of losses and is sustaining it a rational thing to do. If it loses money for that long it is probably an investment that should never have been made. Life is way too short to be waiting 10-20 years to turn a profit.

 

[localexperts]

It is not advice the applies "to a wide audience".

I think in concept, it does apply to a wider audience. Keep the quality, dump the losers. I think many people reg too many domains or more domains than they could develop or domains that can't cover parking revenue.

Keep the quality, dump the losers.

But stop bitchin'

We all knew DOT TV was not DOT COM. Everyone who invested in this extension made speculative choices.

Either you need to BELIEVE and STAY or DROP and GO.

No shame in either approach.

 

[cityforums.com]

Agreed, and so relevant to this discussion.

The main argument in this thread/forum seems to be this: I have something that is worthless now, but in 10 or 20 years, after I have paid "The Man" (aka mr. registrar) tons of money in renewal fees, it's going to be valuable. This is not logical and does not compute. IMO.

It only computes if you have domains like Polin's 24.TV at reg fee :cy:

I have a few like this that can in a good market make some decent money ... why would I drop them ?

If you have alot of premiums and no development in mind you will bleed blood red.

 

[localexperts]

I have 70-80 dot tvs. Most are one word, tied to professional names, wedding related, or geos - my specialities.

I'm dropping down to three premium (charlotte.tv, indianapolis.tv, and contractors.tv) - $4K

For our annual revenue, this is a nice comfortable level to hold as an investment.

 

[cityforums.com]

I think the contract stuff is a fairly small issue. The question is who can afford to sustain 10-20 years of losses and is sustaining it a rational thing to do. If it loses money for that long it is probably an investment that should never have been made. Life is way too short to be waiting 10-20 years to turn a profit.

Snoop I recently sold a hand registered domain with ZERO TRAFFIC that NEVER got an offer that was registered 8 years

ago that sold for 30+K ... is this sustaining losses ? ... same thing can happen with non-premium .TVs.

 

[snoop]

I think in concept, it does apply to a wider audience. Keep the quality, dump the losers. I think many people reg too many domains or more domains than they could develop or domains that can't cover parking revenue.

Keep the quality, dump the losers.

But stop bitchin'

We all knew DOT TV was not DOT COM. Everyone who invested in this extension made speculative choices.

Either you need to BELIEVE and STAY or DROP and GO.

No shame in either approach.

Given the way most premiums are priced where is the quality?

I would say it is only in very premium names with regular reg fees, names that were likely acquired at high cost (not registered) or if they were registered a very very long time ago. Add into the mix as well some mispriced drops. Overall though is a very limited market once all the overpriced premiums (worth nothing) and other junk names are filtered out.

 

[localexperts]

The main argument in this thread/forum seems to be this: I have something that is worthless now, but in 10 or 20 years, after I have paid "The Man" (aka mr. registrar) tons of money in renewal fees, it's going to be valuable. This is not logical and does not compute. IMO.

No the argunment, is either you have faith in your investment or you don't.

if you own COMEDY.TV and don't believe in DOT TV - drop it, sell it, just go

if you own OBAMADRAMA.TV and believe it is good - keep it

But expect that you may have to hold it 3-5 years.

You need to really like this domain, don't get 6 months down the road and then regret that decision.

 

[MicroGuy]

I think the contract stuff is a fairly small issue. The question is who can afford to sustain 10-20 years of losses and is sustaining it a rational thing to do. If it loses money for that long it is probably an investment that should never have been made. Life is way too short to be waiting 10-20 years to turn a profit.

Exactly. Why would someone want to wait 10-20 years for a POSSIBLE profit. It's not even likely.

I agree that the contract thing might turn out to be a small issue. But it does add an additional element of risk that is unfavorable to the extension. It is pure speculation on my part, but I think this contract issue played a role in current.tv, hollywood.tv, and many others decisions to abandon the extension altogether. Perhaps not, but I think it's safe to say that the vast majority of registrants of .TV do not understand what a ccTLD is or that it is primarily unregulated by ICANN.

Everyone could learn a great deal by studying the example of .SC. I know of a local businessman who invested tens of thousands into the extension only to have his renewals doubled with no notice whatsoever.

At least with gTLDs there is (I believe) a 7% or 8% limit on annual renewal increases.

 

[localexperts]

Given the way most premiums are priced where is the quality?

that is subjective. it will be a different answer for most. I list my top premiums that I'm keeping. You can agree or disagree with my list.

But I'm keeping stuff - I know and I know I can make money with those domains.