Domain Investing News, Strategy & Tips

Donuts Hiring Business Development Manager

Domain Industry News

Elliot Silver

October 21, 2021

If you or someone you know is looking for a job in the domain name business, Donuts posted a job opening for a Business Development Manager position. Donuts owns and operates just shy of 250 domain name extensions, including .Live, .Lawyer, .Fitness, and many more. The job listing can be viewed on LinkedIn.

There is no domain industry experience required for this sales-focused position, but I presume some level of domain name knowledge would be helpful. A great deal of the job emphasis is on helping partners sell the company’s domain names. Here’s an excerpt about the candidate Donuts is seeking to hire:

Upstream Provider Issue at Uniregistry Resolved – Data Updated by Friday

GoDaddy
Uniregistry

Elliot Silver

October 20, 2021

I have a small percentage of my domain names resolving to pay per click landing pages at Uniregistry. When I checked in on my PPC earnings this afternoon, it showed zero revenue was earned since October 1. The traffic figures seemed to be consistent, so there is an issue with revenue reporting.

Could Facebook Rebrand as “Meta?”

Brand Marketing

Elliot Silver

October 20, 2021

Late last night, The Verge published an article reporting that “Facebook is planning to rebrand the company with a new name,” and it could be done in similar fashion to how Google created a parent brand in Alphabet. The article stated that the rebrand is being undertaken “to reflect its focus on building the metaverse.”

Exclusive: Facebook is planning to rebrand the company with a new name https://t.co/0NuPhWQsc5 pic.twitter.com/htkzkRBCGI

— The Verge (@verge) October 20, 2021

I speculated / guessed that perhaps Facebook was the private buyer behind the $149,000 purchase of the Meta.so domain name and if this is the case, perhaps the company could rebrand as Metaso or something along those lines.

.com Usage Amongst Early Stage Startups Has Declined

General Domain Information

Elliot Silver

October 19, 2021

According to data from Betalist, as shared by Marc Köhlbrugge on Twitter, .com usage amongst early stage startups has been on the decline. The data that was shared shows .com usage was 78% ten years ago and it has declined to 56% most recently:

📉 .com usage amongst early stage startups has declined from 78% to 56% in the last 10 years

source: @betalist pic.twitter.com/XXpwvRJP0G

— marckohlbrugge.eth (@marckohlbrugge) October 10, 2021

In subsequent tweets in the thread above, Marc shared some other interesting domain name related data from Betalist that you can have a look at as well.

Create a Plan and Protect Yourself

Advice

Elliot Silver

October 18, 2021

Ned OMeara shared a post on LinkedIn, and he gave me permission to share it here because the message is important. Domain registrants, and particularly domain investors, need to create a plan to protect their business assets for when they die.

Ned shared a story about a client of his who purchased one of his three letter .com domain names many years ago. When he recently noticed it was sold in an expiry auction, he learned that his client had died. It seemed apparent that renewal notices sent to his client’s email address went unseen, and the domain name was not renewed by the client’s next of kin:

“Would You Sell…” is a Fishing Expedition

Buying Domain Names
Domain Sales

Elliot Silver

October 15, 2021

When someone emails to ask, “would you sell X for $xx,xxx?” I look at as a fishing expedition. Some may also call it tire kicking, but people who ask about buying a domain name at a certain price are usually more interested in fishing for the right number rather than simply kicking the tires on a domain name. I know this because I sometimes do it when I am trying to buy a domain name.

Asking “would you sell…” is non-committal. If the domain registrant replies affirmatively, the person who inquired can say something like “I will get back to you.” This is contrasted with a direct offer that is something like “I would like to offer you $xx,xxx to buy X.” If the domain registrant agrees, that is pretty much like a handshake deal from my perspective.

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