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The Lowdown
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August 11, 2008 Post
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Here's the The
Lowdown from DNJournal.com! Updated
daily to fill you in on the latest buzz going
around the domain name industry!
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Compiled
by Ron Jackson
(DN Journal Editor/Publisher) |
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A
new article about the domain business at Forbes.com
is currently the top-ranked story on the highly
influential business news website. The article, titled Flipping
for Domains, was |
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written by
Charlie Foster who dropped me a note to let me know
that the piece was the #1 story at Forbes.com
today. Foster's article includes quotes from a Connecticut
teenager, Steven McDonald, who said he has grossed $325,000
from flipping domains. There are also comments from Sedo.com
COO (and Internet
Commerce Association President) Jeremiah
Johnston, DNForum.com
owner Adam Dicker and myself. |
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I caught Foster's
article just a few hours after finishing Wall
Street Journal reporter David Kesmodel's
book The
Domain Game while flying home from a
weekend trip to Chicago last |
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David
Kesmodel
Signing a copy of The Domain Game |
night.
Many others have already praised Kesmodel's work on
this book and you can now add me to the chorus. It's
obvious that a lot of hard work and research went
into a well balanced book that instantly becomes a key
reference for anyone interested in the
history of the domain industry and where it may be
headed in the future.
All of the
key figures are covered with many previously untold
anecdotes that will give you some real insight into
how those people became so successful. Kesmodel also
canvassed a cross section of experienced domain
investors to get their advice for industry
newcomers. That section alone will help you avoid a
lot of costly mistakes if you are just starting out.
So don't
miss it - the price is a pittance compared to
the value of the information in this volume. Besides
David could probably use the |
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extra income since he
has a new mouth to feed now. His wife Tanya
just gave birth to a beautiful baby girl
(their second daughter) Thursday night (August 7th).
Our congratulations to them on the new arrival,
something even the top spot on the New York
Times best seller list couldn't top! |
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While I was away for a
rare three-day weekend (accompanying my wife to her
high school reunion in southwestern Michigan) Moniker.com
held their live domain auction at the Internext
Expo in Hollywood, Florida where they
rang up $578,650 in sales. An online auction
in association with that event is still underway and will wrap up Thursday
(August 14). Meanwhile Moniker has announced the inventory
list for their August 20 live
auction at the Search
Engine Strategies conference in San
Jose (an accompanying online auction will
continue through August 28). The names that will be
on the block include Ad.com, Rebate.com
(and Rebates.com), Searching.com and Brand.net,
just to name a few. |
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(Posted
August
11,
2008) |
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