.xyz Buys 13,000 Square Foot Building in Las Vegas

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Daniel Negari is going “all in” when it comes to his new gTLD applications. The Las Vegas Sun is reporting that Negari, whose company has applied for the .college, .xyz, and .now TLDs, has acquired a 13,000 square foot building in Las Vegas, which will serve as the headquarters for his company, XYZ.com, LLC. The building is known as  BLOKHAUS, and it will be re-named  XYZHAUS.

13,000 square feet is pretty large for a company of XYZ’s size, and with that amount of square footage, it is pretty clear that Daniel anticipates his company will soon be hiring. Although the plans are to use the entire building for its headquarters, the company may offer some co-working space as well.

I reached out to Daniel for further comment, and here’s what he told me:

Vegas has had limited tech opportunities in the past, other than Zappos, theres not much else available. I look forward to creating jobs and tapping into the great talent pool available in Las Vegas and for people who are interested in relocating. Anyone interested in positions in our Vegas headquarters can email Shayan Rostam (sr@xyz.com).

Daniel has done very well with his domain investments, and I wouldn’t bet against him. Personally, I like the .college gTLD, and I think he is going find success with the new TLDs his company manages.

15 COMMENTS

  1. @Elliot,

    That’s good.

    BTW I don’t think you are fully on record regarding these new gTLDs, Elliot.

    As someone who has won industry awards, re-branded his personal blog into an August body, DomainInvesting.com, and above all, appeared as a Sherpa on Cyger’s program DomainSherpa.com, would you like to give us a full position on the new gTLD’s?

    Thanks in advance.

    • In short, I think they are going to shake up the business and bring new money / new investors into domain investing. I think some registries will be very successful, some will fail, and plenty will make enough money to survive but not necessarily thrive.

      I started writing an article about this but haven’t had time to finish it. The article is tentatively titled, “Why The New gTLDs Matter to Me” and it discusses the impact I see as a domain investor rather than a blogger.

      I am hoping to finish this week, but it depends on my time constraints.

    • I am eagerly awaiting it’s publication, Elliot.

      Thanks

      (I hope their will be definite judgement calls, picks, conclusive remarks, forecasts, guidance, in short, comprehensive record. Let it hang out, in your own style).

    • I wouldn’t count on it.

      I am not going to pontificate as if I have definite knowledge about how this will play out. There are too many variables in play to do that.

      Google is a big wild card, and without knowing their gTLD plans (from both a registry and search POV), my opinion is just an opinion.

      The nice thing about my business is I can pivot at the drop of a hat if I see opportunity.

    • @Elliot,

      Perhaps, I am looking at the name “domaininvesting.com” the way, say a stock investor would look at “stockinvesting.com”, where the stock investor could go for forward looking statements, and analyses.

      Is your blog a locus for domain investors can come to see information, opinion, and forward looking, hardhitting articles on the biggest, perhaps paradigm shifting, issue confronting the domain investing class? How would you describe your mission? Is it purely historical?

  2. I was thrown off by the re-brand.

    Very well, I will await the promised article, I’m not the type that pinch my Christmas gifts under the tree the night before, since I get to open them on Christmas day.

    Thanks

  3. “Daniel Negari, CEO of xyz.com LLC, said the office at 2121 E. Tropicana, just west of Eastern Avenue, eventually would house 100 employees working on the newly acquired domain extensions.”

    There seems to be a lot of wishful thinking.

    I am not sure why an extension would even need a building that size. What is the practical need of 13,000 square feet while operating a small registry? You really need 100 employees to run those 2 extensions? If so they are doomed to fail.

    Brad

  4. Schilling investing in California infrastructure, Negari in Vegas, 1and1 spends $50 Million on brand awareness.

    Welcome to the era of the new Internet. Embrace it, or remain in the bleachers & enjoy the peanuts!

  5. @ Acro

    “Welcome to the era of the new Internet. Embrace it, or remain in the bleachers & enjoy the peanuts!”
    ======================================
    Could you please elaborate more or clarify about what you really mean in your Post ??

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