Dan.com
Namecheap

Lox

_____
Impact
7,124
...
In case you haven’t heard my partners and I are opening up not only a domain brokerage, not only a marketplace on Stud.com but we have added some secret sauces that’s going to blow the doors off of the industry and open us up to the world.

Stud.com was born on July 1 via a Twitter post and for the last 100 days or so we have been working night and day to bring Stud.com online.

The domain marketplace is about 1/3 of what stud.com is going to be about.

In the weeks ahead we will unveil version 1.0 of STUD. But we won’t stop there. We have big plans for expansion as we add these new features.

read more (Ricks blog)
 

Kingslayer

Top Contributor
Impact
5,783
just imagine if zuckerberg went on dragons den in 2004 and was asked where do you see this business in 5 years time?

and what if zuckerberg said well ll be the 5th richest person on the planet in 17 years time lol which he is

I get that. But Zuckerberg created something better than his competitors and doesn't charge people to join Facebook.

What Stud is going to be (even though we know little about it) is a service, but a fee for this service and a service with no proven track record that it works and looking at some of his business plans that he as shared (inflation of domain prices) i do have my doubts if it will work.

I hope it does work, but i think theres more of a chance things not working out how he envisioned, Rick getting bored and closing it up, the problem should that happen is 'some' people will have paid thousands to be a member for a year and if he does end up getting bored and a refund isn't given, it could all end up going Adam Dicker.

But lets see the full business plan ie who's involved, is it just him or various people? And the services on offer and what people get for joining up and ultimately lets see if all works in terms of sales.

Good luck to him.
 
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Kingslayer

Top Contributor
Impact
5,783
Unless I'm reading it wrong, this part:-

===
The minimum value for the first year will be $2500. However I want everyone to know that that number will be going up substantially. Those that sign up early will be grandfathered in for at least one year. And I will grant them one year more. However after that it’s just going to be whatever the minimum is. I hope to raise it to $5000, $10,000, $25,000 and eventually at least $100,000.
===

Says to me that there's a fee to join.

But if he's clarified that this isn't the case (i've not read the comments in his blog), that's fair enough.
 
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nononsense123

Established Member
Impact
716
Unless I'm reading it wrong, this part:-

===
The minimum value for the first year will be $2500. However I want everyone to know that that number will be going up substantially. Those that sign up early will be grandfathered in for at least one year. And I will grant them one year more. However after that it’s just going to be whatever the minimum is. I hope to raise it to $5000, $10,000, $25,000 and eventually at least $100,000.
===

Says to me that there's a fee to join.

But if he's clarified that this isn't the case (i've not read the comments in his blog), that's fair enough.
He's talking about minimum selling price.
The fee will be like 99 per year and onwards
 
Impact
27,141
Says to me that there's a fee to join.

But if he's clarified that this isn't the case (i've not read the comments in his blog), that's fair enough
He has posted on social media that it will be a subscription model. So yes a fee, supposedly annually. I have not seen a specific clear statement re what that fee is, but may well have missed it or he only gave it orally on CH.

I am not sure if those figures are the fee or the minimum sales price.
 
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Impact
27,141
He is referring to the minimum selling price 🤦‍♂️ for the first year. After that time, he wants the minimum raised and likely with that higher quality. Lets not spread falsehoods
Thank you for the clarification.
Has he stated what the subscription price per year will be?
Bob
 
Impact
27,141
Brokerage of a $2,500 value name will be interesting.
Agree.
I guess the question is will it be a traditional brokerage, that usually start $10k or $20k and take their commission, or will it be more like a brandable marketplace model, that do negotiate and handle sales, and so some promotion in a variety of ways, but don't do the sort of research and outbound calls that the main brokers do.
Bob
 

Future Sensors

78% of human domainers will be replaced by robots
Impact
8,898
Agree.
I guess the question is will it be a traditional brokerage, that usually start $10k or $20k and take their commission, or will it be more like a brandable marketplace model, that do negotiate and handle sales, and so some promotion in a variety of ways, but don't do the sort of research and outbound calls that the main brokers do.
Bob

We'll find out soon. At this moment these low values mentioned, don't match with the text in the blog ("When it comes to valuation domainers are either up in the ozone for worthless domains or they’re giving away life-changing domains for less than life-changing amounts. Sometimes even chump change. When will they ever learn??")

Interesting times.
 
Impact
3,001
$2500 is min domain price.

20211017_171202.jpg


https://www.ricksblog.com/2021/10/d...-breed-domain-names-sign-up-now/#.YWwvALdRWdN
 

HotKey

Made in Canada
Impact
8,860
Unless I'm reading it wrong, this part:-

===
The minimum value for the first year will be $2500. However I want everyone to know that that number will be going up substantially. Those that sign up early will be grandfathered in for at least one year. And I will grant them one year more. However after that it’s just going to be whatever the minimum is. I hope to raise it to $5000, $10,000, $25,000 and eventually at least $100,000.
===

Says to me that there's a fee to join.

But if he's clarified that this isn't the case (i've not read the comments in his blog), that's fair enough.
I don't think that's indicative of any fee, as karmaco and Elad n pointed out, to have the domain initially accepted on the platform it will have to have a minimal twenty-five hundred dollar value estimation. Imo values are subjective, so wonder where this valuation will come from but at the same time, his gig his rules. But I do like the hard-line approach to ultra-quality on this, weeds out a lot of nonsense.

At the same time this could have detrimental effects on the regular domainer in the long run due to an already established prominence in the industry and combined with excellent marketing. Many of us simply don't have the deep pockets to position our domains for maximum dollar value.

A good domain can sell itself, but a good domain at a killer venue has that much more eyes.
 

Kingslayer

Top Contributor
Impact
5,783
He has posted on social media that it will be a subscription model. So yes a fee, supposedly annually. I have not seen a specific clear statement re what that fee is, but may well have missed it or he only gave it orally on CH.

I am not sure if those figures are the fee or the minimum sales price.

Yeah saw from his blog its going to have some sort of subscription model, from reading that to the quote i posted, when i saw those prices (thinking those are the subscription prices), i thought it was going to be some kind of millionaires only club for domains.

But as said in my reply last night, i must have read it wrong, so with that take back what i said and looking forward to seeing how this project develops.
 
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Sheogorath

Top Contributor
Impact
1,726
While it is true there are many domain valuation metrics, many times value is in the eye of the beholder.
For example, I think most people have not expected voice.com to be sold for $30M.
Domains I consider to be 5/6 figures USD may look like 4 figures USD for certain/many individuals.
I understand the need for an exclusive premium marketplace, but if the standards will be ultra high, the overall amount of domains offered for sale will be small and thus the revenue will be little.
 

Future Sensors

78% of human domainers will be replaced by robots
Impact
8,898
While it is true there are many domain valuation metrics, many times value is in the eye of the beholder.
For example, I think most people have not expected voice.com to be sold for $30M.
Domains I consider to be 5/6 figures USD may look like 4 figures USD for certain/many individuals.
I understand the need for an exclusive premium marketplace, but if the standards will be ultra high, the overall amount of domains offered for sale will be small and thus the revenue will be little.

Agree. I was surprised that the other end of the spectrum is explicitly invited for this new initiative, domains with a value of $2,500. I still have some questions after reading the blog...
 

HotKey

Made in Canada
Impact
8,860
I understand the need for an exclusive premium marketplace, but if the standards will be ultra high, the overall amount of domains offered for sale will be small and thus the revenue will be little.
Maybe that's the point.. something along the lines of "your only as respected as the worst domain you have".
 
Impact
27,141
I am not sure if someone already posted this, but I went through Rick's blog posts with respect to the site, and the commission rate will be 10%?

There will be a subscription fee, and domains will be approved and only accepted as noted above if $2500+ valuation, but I could not find an indication of that fee.

-Bob
 

Kingslayer

Top Contributor
Impact
5,783
I am not sure if someone already posted this, but I went through Rick's blog posts with respect to the site, and the commission rate will be 10%?

At 10% Stud would be undercutting many brokers, but it all depends on how much the subscription fee is, many brokers only deal with ultra-premiums and only charge upon a successful sale, so I would think for a subscription fee Stud will be offering clients extras (maybe even something totally new?) than what other platforms/brokers do.

Stud allowing domains over $2500 on their platform, they would appeal to people who may be turned down by brokers, but how do they judge the value of a domain name? I know Rick doesn't believe in automated valuations such as Estibot (neither do i), but i would like to know Studs method for judging a domains value.

As said in previous replies, I would like to know who else is involved in this project. I know the site is based in Ireland, so I’m guessing there's other partners involved. Is Rick going to be involved in negotiations for other people’s domains directly? I know Rick is a legend in domains, but I believe Rick once said he’s never done any outbounding EVER and the ability to outbound is probably the main skill of a domain broker.

I’m seeing a lot of hype about the project from Rick right now and rightfully so, anyone is excited about a new business venture, but trying to hype something and telling people little about it, it’s hard for me (as a potential client) to share the same excitement right now, but I’m sure there’s a reason for this and all will be revealed in time.
 
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NickB

it's a mystery
Impact
14,081
As said in previous replies, I would like to know who else is involved in this project. I know the site is based in Ireland, so I’m guessing there's other partners involved. Is Rick going to be involved in negotiations for other people’s domains directly? I know Rick is a legend in domains, but I believe Rick once said he’s never done any outbounding EVER and the ability to outbound is probably the main skill of a domain broker.

The republic of Ireland is very well known for it's generous corporate tax rates.......and for horse trainers....
 
Impact
27,141
It would be interesting to know what the other brokers think of the impending launch, whether they view it as competition.

Or will the main competition be places like HD, BD, DM, etc. I think it well could be. A smaller pool of names than the all purpose marketplaces.

Apparently he spent 4.5 hours giving people valuations of the worth of their domain names on CH last week. I don't know much of details other than one name he felt was way higher worth than it was listed for, and is now changed. Others expressed gratitude for his valuations. I think he is confident he can just look at a name and give a valuation. Whether that can scale to a whole marketplace will be the challenge.

I am a bit surprised he did not launch with a very limited system, maybe even by invitation. I agree that keeping the level of names strong is critical to the success of a platform that wants to bring in higher prices for names. It is hard when anyone can submit names for consideration. Of course, if the subscription fee is hefty, that will change that a lot.

Bob
 
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Impact
5,280
I love that he is creating a market like that, but I dislike the domain he chose so much. I understand he is trying to create a brand, but I do not think this was a good choice. “We breed domains” is a reach, it feels like you are trying to make the domain relevant to domaining.

Not trying to throw shade, I fully recognize that my domains will never attract the type of buyer that he sells to daily, that he has the experience and bank to make this successful; I just don’t like the brand he chose to develop.

This is probably the equivalent of telling Google they chose a stupid name, back in the day lol.

Regardless, good luck with the venture, hopefully this will be a landmark event that raises pricing throughout the industry, over time.
 
Impact
11,311
domains will be approved and only accepted as noted above if $2500+ valuation,
-Bob

What I'd like to know is who is doing the valuation, the seller, stud.com, or some other organization. Seeing as he's wanting to raise selling prices by, what was it, 50 times, what is the criteria for the acceptance of domains.
 

Future Sensors

78% of human domainers will be replaced by robots
Impact
8,898
@Lox Good Luck My Friend!!

It's not an initiative of Lox, but I can imagine that you think he wrote the article. It happens often. Maybe it's a formatting thing, or the way it is presented.
 
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