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Buyers Should Appreciate “Squatters”

Elliot Silver
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Many people confuse domain squatting with domain investing. Some use the “squatter” term pejoratively, but others simply refer to people who hold portfolios of domain names as domain squatters. They’re not trying to be rude, but they don’t understand the difference between the perfectly legal business of investing in generic domain names vs. the business of monetizing trademark domain names, also known as cybersquatting. To many, it is one and the same.

People looking to buy domain names bristle at the fact that their coveted domain name is owned by a domain investor. “Squatter!” they might comment somewhere in anger. Nevermind the fact that the domain name has been registered for 20+ years and matches the name of hundreds of other companies. They’re angry because a domain investor has something they want, and the price seems high to them.

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ParkingCrew Announces New Beta User Interface

Elliot Silver
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This morning, domain name parking service provider ParkingCrew announced a new user interface was launched in beta. The company made it clear that the UI is still under development, and it is not the final version that will ultimately be released. Instead, the company is seeking user input to optimize the utility of its UI for customers.

Here’s how ParkingCrew believes users will benefit from using the new user interface:

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LUV.com Acquired by Owner of Matrimony.com

Elliot Silver
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In July, Rick Schwartz announced that he reached a deal to sell the LUV.com domain name for seven figures. The announcement was made on Rick’s private Twitter/X account, and he shared the value of the deal. Using DomainTools’ Domain Monitor tool, I was able to see the domain name status changed as it was unlocked and pending transfer.

This week, Rick announced the deal closed and the domain name and funds changed hands. If you visit LUV.com right now, you can see it forwards to Matrimony.com.

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Spaceship Doubles its DUM

Elliot Silver
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At the end of July, I wrote about Spaceship surpassing 100,000 domain names under management (DUM). The registrar continues to grow, and its Founder Richard Kirkendall announced it has more than 200,000 domain names under management:

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You Can Now Hide Estimated Value at Dan

Elliot Silver
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Last week, Dan.com announced and deployed a feature I did not like. On the user control panel, Dan showed GoDaddy’s Estimated Value for each domain name listed for sale on the platform. The Estimated Value utilizes GoDaddy’s GoValue automated appraisal. Upon deployment, there was no way to hide the column like you could hide other columns.

The idea behind this deployment was to make it easier and faster for users to price their domain names since domain names listed with a BIN price tend to sell faster than those without pricing.

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Media.com Buyer Comments on Acquisition

Elliot Silver
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1

This afternoon, Axios reported the sale of the Media.com domain name. Kismet Group, an Australian private equity company, acquired the domain name to launch a reputation management platform. According to the Axios article, the company is investing $20 million into the business, including the purchase of the domain name.

I reached out to James Mawhinney, Founder of Kismet Group, seeking more information about the acquisition of Media.com. Unfortunately, the acquisition price of Media.com is not being disclosed, but Mr. Mawhinney commented to me about the importance of the domain name:

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