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3 Notable Changes Coming to Dan.com

3

I received an email from Dan.com announcing three changes to the platform. At least two of these changes will impact most sellers and attention should be paid to them. The email I received is below, but in short, the changes are:

  • Sellers can choose a payout currency
  • All listing prices will be converted to USD
  • All domain names with BIN prices on Dan.com will be added to Afternic and its network

The first change is not important to me. I have always been paid out in USD and that will continue for me. I assume sellers outside of the US may be happy with this change.

The currency change to listings is probably not going to have much impact on the perceived value of the domain name, but sellers may wish to update the gross price to reflect preferred “charm pricing.” Some sellers prefer to have prices that end in -888, -999, or even -111. When EUR or other currency is converted to USD, the charm pricing will likely be lost and need to be updated.

I don’t see much of a downside for domain names to be added to Afternic’s network, but sellers should be aware of this change.

Email received from Dan.com this morning:

Meta Launches Threads on Threads.net

When I first learned about Meta’s plan to launch a product called Threads to compete with Twitter, I was curious to know what domain name would be used. The most obvious domain name – Threads.com – is being used by a company billed as “a Slack replacement designed for makers.” The startup was launched in 2019 and is backed by Sequoia Capital with more than $10 million in funding.

This morning, Meta Founder Mark Zuckerberg posted the first Thread, and it revealed the domain name that was chosen: Threads.net.

 

Post by @zuck
View on Threads

 

How and Why Julian Hearn Acquired Huel.com for Huel

Julian Hearn is the Founder and CEO of Huel, a meal replacement and nutrition company with a valuation of more than half a billion USD, as of last year. The company began by operating on Huel.me, but it upgraded to Huel.com sometime in 2015.

In an interview on Deep Dive with Ali Abdaal, Hearn discussed why his company decided it was necessary to acquire Huel.com instead of continuing with Huel.me. In addition, he shared some commentary about his negotiation with the seller of Huel.com. The company acquired Huel.com for either $10,000 or 10000 GBP – it is unclear what currency was used for the transaction.

Don’t Blindly Authorize Domain Listings

A few days ago, I received an “Action required: Authorize your domain listings.” email from GoDaddy. It listed several domain names I own that are listed for sale on Squadhelp. When I listed them on Squadhelp, I removed them from Afternic.

This email is the Afternic Fast Transfer authorization email. If the approval link is clicked, the domain name(s) will be opted in to Afternic’s Fast Transfer network. If the domain names subsequently sell via the Afternic network, they will be automatically removed from my account and transferred to the buyer.

John Berryhill to Ride the PMC


My domain industry-sponsored Pan Mass Challenge kit arrived a couple of days ago, and I took it for a short spin yesterday evening. I think it looks great, and it raised quite a bit of money for Dana-Farber Cancer Institute. Thank you again to all of the companies (listed below) whose logos are featured on the jersey and shorts.

Domain industry attorney John Berryhill let me know me is now able to ride in this year’s PMC. John is getting a bit of a late start on fundraising, but I bet he will hit his $8,500 fundraising goal.

John and I will both wear our industry sponsored jersey and shorts as we train for August’s ride, and we will also wear them on the ride.

2023  domain industry PMC kit sponsors (in ABC order):

.com Dominates YC Top Companies by Revenue

Y Combinator, one of the top startup incubators, published a list of its top 50 companies by revenue. The list includes some well-known brands like AirBnB, Reddit, Stripe, Instacart, and quite a few others that are widely known.  The first thing I did when I looked at the list of companies is observe the domain names they use.