Knowing When to Cut Bait

Over the last couple of years, I have been taking more flyers on domain names. I have been buying more names at GoDaddy Auctions in the < $100 range, and my portfolio has grown to around 1,000 domain names. I have found pretty good success in this channel as one sale can pay for almost everything. As the year is coming to an end, I have been cutting bait – letting domain names expire instead of renewing them.

When I receive the expiry notices at GoDaddy and Enom, I look at a few things before deciding whether or not to turn off auto renew or simply not renew:

ROOM CEO Brian Chen Discusses Room.com Domain Name

Adam Strong from Evergreen sent me a link to a video interview Jason Calacanis did with ROOM CEO Brian Chen, as part of his This Week In Startups series. In the interview, Jason asked Brian about the company’s brand match domain name (skip to 2:42 if that is the only aspect of the interview that interests you). The two discuss the value of the domain name and Brian discussed why his company felt the need to acquire this brand match .com domain name.

Here’s the interview:

Media Options Launches “SEO Authority Domain Deals” Newsletter

Media Options, the domain name brokerage founded by Andrew Rosener, has added a new SEO-focused domain name newsletter. This newsletter is separate from the company’s high end domain name brokerage newsletter. In addition, unlike the free domain brokerage newsletter, the SEO Authority newsletter will have a cost of $24/month for people who sign up before October 29 and $49/month for people who sign up after the deadline.

Here’s some more information about the newsletter, which was shared in the inaugural edition:

Why Extend Acquired Extend.com

I have pretty much every meaningful one word .com domain name listed in my Domain Monitor tool from DomainTools. When one of these domain names transfers to a different registrar, changes hands, or has some sort of other update, I am frequently able to see this within a day or two. I regularly notice great brand match .com domain names that were acquired by the most obvious end user buyer.

I recently noticed that Extend.com was acquired by a company called Extend. Obviously, a company called Extend is better off owning Extend.com, and having this brand match domain name should pay dividends for this company for years to come.

What is the Last Domain Name You Bought?

The Product Hunt Twitter account posed a question yesterday that garnered a ton of replies: “What is the last domain you bought?”

I took a quick look through the responses, and there were lots of domain names mentioned by Product Hunt followers. Interestingly to me, there were a whole lot of new gTLD domain names purchased and mentioned. I saw the following extensions mentioned by people who replied (and I am sure I missed some):

Domain Name Negotiations: Warm and Friendly or Tough and Firm?

Depending on your background and experience, negotiating can either be a great part of the job of a domain investor or it can be one of the worst aspects. I think it is expected that negotiating with a buyer or a seller is one of the most necessary aspects of domain investing. People have different negotiation strategies, and there are many factors that go into choosing the right strategy.