Snowy Sunday Domain Business Updates

You may have heard that Boston has been seeing a lot of snow. Yes, this is true. There’s snow everywhere. I love the snow, but for the first time I can recall, it has become a massive inconvenience.

I hope you are enjoying your weekend. I want to share a few thoughts and updates with you. As always, you are welcome to share thoughts about any of these updates or anything else in the comment section.

  • Donuts launched a new website called Name.Kitchen, which “provides a kitchen atmosphere around the subject of name creation. It is especially geared toward entrepreneurs (aka “business chefs”) scratching their heads for ideas. We offer inspiration on cooking up that perfect identity.” I think it’s a good idea and would like to see how the company will promote it and make people aware of it.
  • When I wrote about, I mentioned that Mike Berkens Β is using NameInvestors for his corporate website. If you’ve set up a domain sales shop that you’d like to share, I invite you to share it so others can see how they can be customized.
  • If you see something in the domain investment business that you think would make for an interesting article on, please contact me.
  • I would not have guessed that Kanye West would be one of the first people to use a new gTLD domain name. Ironically, Justin Bieber previously announced he was using a new gTLD domain name, but it doesn’t appear that it is resolving right now.
  • published an interesting article about a ruling in a Minesotta court that states domain names are subject to garnishment. According to the article, this means “successful plaintiffs now have an additional asset to look to for collection purposes.” It’s something domain owners need to be aware of if they are facing legal issues.
  • If anyone thinks that the new gTLD program is failing, I think they should have a look at this article written by Kieren McCarthy. According to McCarthy, “Gerardo Aristizabal and his company Primer Nivel paid an estimated $30m for the premium piece of internet real-estate, beating out industry giants Google, Afilias, Donuts as well as five others.” Thirty million shows considerable faith in their valuation of .Blog domain names.
  • I was surprised to be able to catch an Uber in Boston this morning, and it was a great relief to get a ride. After the ride, Uber emailed me and said I could share this promo link for someone else to sign up and get a free ride (up to $30).
  • Domain investors who develop websites need to remember that their websites will likely need frequent updates. It’s great to get a website up and running, especially when it starts earning revenue. The unfortunate side effect is that it will likely require regular updates, both in terms of content and platform. This can become an issue if the site is making enough money to warrant the investment, but not enough that it is profitable if you’d be paying someone to run it or it takes away your time from something else (like other work or family).
Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn
  1. If I hadn’t become a regular and frequent visitor and reader of this blog, it’s extremely possible and perhaps even very likely I would not have put in the effort needed to try to sleuth out who might be continually approaching me from time to time secretly through a broker over months now. This includes a five figure deal they backed out on a while ago, but with changing conditions and the particular industry involved the domain is really worth six now. Even the broker is almost exquisitely invisible online, almost no trace of his existence.

    Anyway, after putting in the extra effort recently, I’m extremely confident I’ve hooked a whale, with a whale of a name in the industry. Exactly the kind of whale in exactly the kind of industry I would expect some of the tactics and pattern going on to try to buy this domain from me too. It remains to be seen whether I’ll realize what the domain is really worth, if it will sell at all, or if I’ll let it go for substantially less that where I believe the true value lies, but I have to admit it would be nice to make the weekly DNJ list. πŸ™‚ Remember I’m not even really a seller per se like others are here, though I’d certainly like to make a few nice sales. This one was another case of something beginning with an unsolicited offer. I guess I’ll post if it ever comes to pass. Cheers…

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