The new gTLD domain name program continues to be one of the most polarizing topics in the domain space. It seems that there are passionate people who feel strongly for or against the new gTLD domain names.
There are now over 11 million registered new gTLD domain names. I would imagine that many of these domain names are owned by domain speculators / investors. As we close out the year, I thought I would ask if you bought and still own any new gTLD domain names.
I believe my companies own fewer than 10 new gTLD domain names. I own n.ventures, n.holdings, Silver.Ventures, Elliot.Link, ElliotSilver.Link, TeamSilver.Rocks, and maybe a couple of others I can’t think of off the top of my head.
I understand why some companies would want to own and use new gTLD domain names. I have seen many advertised in various media, including a viral video featuring a .Vegas domain name last week. There is generally an ample supply, and the prices are usually much more affordable for a smaller business than an exact match .com domain name.
I also understand why some domain investors would want to take a chance on new gTLD domain names. Some people that missed the first .com “rush” may not want to miss the boat again. Others see big sales in the aftermarket and hope to close their own deals. Companies like Alphabet (Google) using a new gTLD domain name likely also gives a confidence boost to domain investors who believe this type of nod is affirmation of value (both in terms of usage and worth).
For my company, however, I still don’t see a path to profit enough to deviate funding from .com domain name investments. The names I would value are either reserved (and expensive) or already owned with significant price tags. The metrics don’t make sense to me at this point.
That said, my business model is different than most in the domain investment space, as I own fewer than 500 domain names. I try to buy great .com domain names at reasonable prices and sell them profitably, monetize them via parking, or develop them. You can always have a look at my company’s current holdings if you want to see what I am buying since that list changes regularly.
As 2015 comes to an end today, I am curious if you bought and still own any new gTLD domain names. You are invited to share below.