Rick Schwartz

Rick Schwartz to Drop All “Premium .Whatevers in 2017”

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I don’t think it is a secret that Rick “Domain King” Schwartz doesn’t really like the new gTLD program, nor is it a secret that he owns some new gTLD domain names. This morning on Twitter, Rick announced that he intends to drop his premium new gTLD domain names (or at least that is how I interpreted the tweet below). I presume Rick is referring to the new gTLD domain names that do not have a standard renewal fee.

I don’t know Rick’s plans for his non-premium new gTLD domain names that have a standard renewal fee. I also don’t know how many of these “premium” domain names he currently owns. It would be interesting to know how many of these names Rick owns. Based on the tweet, it looks like Rick spent around half a million dollars to buy and renew these domain names. It will be also interesting to follow these drops to see if any of the registries opt to make these drops non-premium for future buyers and/or if others pick up his drops.

I have been contemplating what to do with two of my premium renewal new gTLD domain names – n.Holdings and n.Ventures. If anyone wants to purchase them, I would be happy to work out a fair price and I will donate all proceeds to my Pan-Mass Challenge ride.

It’s Million Dollar Wednesday!

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I find it a bit amusing observing the domain names people share in response to domain names wanted requests. This goes for forum posts, blog posts, and Twitter posts. It’s particularly amusing to see domain names I wouldn’t hand register being priced beyond retail prices when the prospective buyer is a domain name investor.

As you may have seen, Rick Schwartz has been seeking out domain names to buy via Twitter. From what I have seen, he has purchased one domain name so far.

Rick has declared that today is “Million Dollar Wednesday,” and he is looking to buy  category killer domain names for up to $1 million each:

Sell a Domain Name to the Domain King

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It looks like “Domain King” Rick Schwartz has invited people to submit domain names for his purchase consideration via Twitter. If you have a good, non-new gTLD domain name for sale for $5,000 or below, Rick will give it consideration.

I presume all submissions should be made via Twitter, and if you submit a domain name to Rick for consideration, he asked for the right of first refusal for four hours.

One thing to keep in mind is that the domain name should be worth much more than $5k (at least from Rick’s perspective). He later added that he buys domain names that he believes has at least 10x upside. Put simply, a domain name that Rick will buy for $5k should be able to be sold at some point in the future for at least $50k.

Rick did not say whether he will definitely buy a domain name or not, but this is a good way for him (and others) to see what’s on the market in that price range. My guess is he will be inundated with bad domain names, but maybe he will find something good.

UDRP Filed Against Queen.com Owned by “Domain King” (Updated)

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A UDRP was filed at the World Intellectual Property Organization against the high value Queen.com domain name. The case is WIPO Case D2017-0679.

Queen.com is a domain name that is owned by Rick Schwartz, who is commonly referred to as the “Domain King.” According to an article written in 2013 on Rick’s Blog, he was able to acquire the domain name in August of 1997. Rick’s company owns a ton of great dictionary .com domain names, and the monetization and sale of some of these domain names has made him millions of dollars.

In the aforementioned  article about Rick’s purchase of Queen.com, he shared why his company acquired the domain name.  Queen.com has many different meanings. Among those meanings, and the one mentioned by Rick in his article, is adult related. As such, Queen.com is currently forwarding to an adult website, where it is likely making Rick a considerable amount of income. It seems pretty clear that buying the domain name was a good decision, as it has earned “into the 6 figures because that traffic was very valuable.”

Estibot  currently lists the value of Queen.com at $1.2 million, and I would be surprised if Rick would even consider selling the domain name at that price.

The complainant in this UDRP is listed

Rick Schwartz Rails Against New Extensions

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Rick “Domain King” Schwartz has never been a proponent of the new gTLD extensions. Rick has invested in quite a few non .com domain names, but I think he has been fairly outspoken against the new extensions for quite some time. I recall a panel at the 2013 TRAFFIC conference in which Rick and Lonnie Borck debated the new gTLD domain names against leaders of companies in that space.

During the last several days, Rick has taken to Twitter to share his strong feelings about the current state of the new domain name extensions. Although Rick has over 1,000 tweets on Twitter, he had taken a long hiatus from posting until February 25th. In the past few days, he has unleashed a fury of tweets about the new domain extensions, the new gTLD aftermarket, companies that sell domain names, and more. Here are just a handful of the tweets Rick posted during the past several days:

Rick Schwartz Sold Teem.com

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Earlier today, George Kirikos tweeted about a $13.5 million round of funding for a company called Teem, that had previously been known as EventBoard:

George also mentioned that the company acquired the Teem.com domain name from well-known domain investor, Rick Schwartz:

teem-comOn Rick’s DomainKing.com website, he mentioned the sale of Teem.com, stating “Soon I will be announcing another deal for Teem.com, in which there is a cash and an equity component.”

I reached out to Rick to see if he could comment on the deal, and he said he

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