Domain Holdings continues to acquire to do a great job of luring domain industry talent to work for the growing company. In a press release distributed this morning, the company has announced that Monte Cahn “has joined Domain Holdings as an Executive in Residence & Advisor to the Board.”
Monte has extensive experience within the domain industry as the founder of Moniker, a company he grew into one of the ten largest domain registrars. He has also brokered the sale of millions of dollars of domain names, and was the organizer of several very large multi-million dollar domain auctions. He later sold Moniker to Oversee.net. Monte is currently the President of the domain consulting firm, Right of the Dot.
This is a big win for Domain Holdings. Monte knows virtually everyone in the domain industry, and he knows how this business operates. Many people I know reduced their business with Moniker primarily because Monte left the company, and that says a lot.
In the last year or so, Domain Holdings has hired several domain industry experts, and it bodes well for the company.
Press Release follows:
Delary Beach, FL – Domain Holdings announced Wednesday that domain industry pioneer Monte Cahn has joined its team as an Executive in Residence and Advisor to the Board. In his new role, he will help shape the company’s growth and strategic direction while also taking a more hands-on role with the premium domain brokerage, domain auctions and domain monetization.
Currently, Cahn is the President and Director of RightOfTheDot, LLC, an Internet consulting and advisement firm, co-founded by him and domain industry legend, Mike Berkens. RightOfTheDot, LLC specializes in new and existing TLD consulting, board advisement, as well as other domain services sales, marketing and strategy. Currently the firm is helping companies maximize profitability and strategic direction for the new and existing gTLD program set to roll out later this year.
“I chose to invest and take an active role in Domain Holdings because I really believe in and respect the leadership, like the differentiating and leading technology offering, and know that my contribution can further the strategic direction and success,” Monte Cahn said, also noting that RightoftheDot, LLC has chosen Domain Holdings Group as one of its partners for providing premium domain sales and monetization for new and existing TLD clients.
Prior to starting RightOfTheDot, LLC, Cahn founded and was the CEO of Moniker.com in 1999, which he grew to become a Top 7 ICANN Accredited Registrar and a leading domain monetization company during his 10-year tenure. Cahn successfully brokered the historic sales of Wallstreet.com and Autos.com, recognized as the first $1 million and $2 million sales in the industry respectively. Cahn is also responsible for selling more than $300 million in domain names in the last 10 years, including seven-figure sales of Cameras.com, Dating.com, Photo.com, Bored.com, CreditCheck.com, as well as industry-leading sales of Slots.com for $5.5 million and others. Under Cahn, Moniker was widely considered the industry’s leading premium domain auction and brokerage company.
Cahn is also credited with starting the very first domain brokerage company in 1996. He pioneered and innovated what are now considered industry standard services, including: WhoIs privacy, domain escrow, domain appraisals, bulk domain management, domain security and theft prevention, stealth acquisitions and live domain auctions.
“Monte brings with him a range of knowledge dating back to the mid-90s where he was able to contribute services that widely shaped the industry and are still in use today,” Domain Holdings Co-Founder John Ferber said. “That type of forward thinking fits with our philosophy as we add to our brokerage and monetization services.”
About Domain Holdings
Domain Holdings is a world-class service provider in the buying, selling and monetizing of domain names. The company was co-founded by Chad Folkening, a longtime domain industry veteran, and John Ferber, co-founder of Advertising.com which was acquired by AOL for approximately $500 million in 2004, and whose collective online products and services have grossed more than $3 billion since 1996. DomainPower is an end-to-end domain monetization platform and marketplace. Like us on Facebook and Follow Us on Twitter.