Well
that didn't take long!
Yesterday, when we
told you about Greenberg
& Lieberman acquiring the
escrow platform developed by EscrowHill.com,
we noted that EscrowHill Founder Andee
Hill intended to stay in the
domain industry and that an
announcement about her next stop was
expected soon. That announcement
came this morning when Donuts,
the largest operator of new gTLD
registries, revealed that Ms. Hill
officially joined their staff Monday
(July 6) as Director of Business
Development.
At
Donuts Andee will report to Dan
Schindler, the company's
Executive VP for Business
Development. Word came in an
email from Donuts Communications VP Mason
Cole who noted Andee would have
"specific responsibility for
relationships with the domain
investor community. Cole added,
"Donuts
has long believed domain investors
are a critical element of the
industry, one deserving of an
emphasis in time and
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Donuts
Executive VP for Business
Development Dan Schindler and
the company's new Director of
Business Development Andee Hill.
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resources.
Andee's leadership will be critical
in developing these relationships
and leveraging investors' interest
in new domain names."
That
should be music to the domain
investor community's ears as many in
it have often felt their financial
support of the industry was often
undervalued and under appreciated.
While every registry operator needs
end users to develop their
domains to increase recognition of
their extensions, they also need
(but don't always acknowledge)
investors who often buy (and renew)
hundreds, thousands or even tens of
thousands of domain names. From the
standpoint of registration revenue -
the life blood of any registrar - one
customer who buys 1,000 domains
is worth just as much as 1,000
customers who buy only one name
each. While developers may bring
more public recognition, it is a lot
easier to handle one account and
personal relationship than a
thousand different ones - making
both camps - end users and investors
- equally important in our
view.
In
Ms. Hill Donuts has brought on board
someone who already has a very high
number of investor relationships in
place after her many years with Escrow.com,
then with her own shop, allowing her
to hit the ground running. Given the
job description for the position
Donuts wanted to fill, Ms. Hill
should fit the bill.
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