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The
Lowdown
August
2021 Archive |
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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Three
Different Domain Auctions Will Be
a Big Part of the Action at
NamesCon Online Next Month
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When
NamesCon
Online returns September
22-24, 2021 domain buyers and
sellers will have multiple
opportunities to ply their trade. Three
distinctly different domain
auctions are on the agenda
for the three-day event. The first
one will be a low or no reserve
Rapid
Fire Auction that will
close the opening day of NamesCon
Online Wednesday, September 22. It
is scheduled to run from
19:00-20:00 UTC (3PM- 4PM US
Eastern time). There will be no
pre-bidding and no
extended auction for this
sale .
That means you have to be in
the (virtual) room to take
part. If you have domains you
would like to submit sale, you can
do that here.
Day
2, Thursday, September 23, will
close with the traditional live
Premium Domain Auction
conducted by RightOfTheDot.com
(ROTD) President
Monte Cahn and World
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Champion auctioneer
Wayne Wheat. They will be running this sale from a broadcast studio
with a hand-picked selection of super-premium names going on the block. This
high-stakes auction attracts the high-rollers of the domain world and is
always an exciting centerpiece at NamesCon events. The auction is
slated to run from 19:00-20:00 UTC (3PM- 4PM US Eastern time). If you have a
top tier domain you want to sell you can submit it for consideration here.
(Left
to right): World Champion Auctioneer Wayne Wheat, Wayne's assistant Lebbeus
Kemp and RightOfTheDot.com Founder Monte Cahn.
The
third auction at NamesOnline will be a first - the major conference
debut of a handshake domain auction. The Flamingo
Handshake Auction, to be held on the closing day of the
conference, Friday, September 24, will give Handshake aficionados an
opportunity to beef up their decentralized portfolio with high-quality
Handshake TLDs - especially emoji domains and one-word destinations. Submissions
for the live Handshake auction will remain open until September 17.
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(Posted
August 30, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210830.htm
*****
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Domain
Sales Boom Not Limited to
Aftermarket - Radix Reached New
High in Premium Registration
Revenue in 1H-2021
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We've
gotten used to
seeing eye-popping prices
in the domain
aftermarket this year,
but many registry operators are
also scoring big gains with new
premium registrations and renewals.
Radix
just released their semi-annual
report on those categories,
covering the 1st
half of 2021 (.pdf
file) and it showed the highest premium
domain revenue total
they've posted in one half to
date.
Just
under $1.24 million came in
from new premium domain
registrations (the chart at right breaks
down how much was produced by each
of Radix's 10 TLDs). The figure
was even higher for the company's
premium domain renewals,
coming in at $1.67 million,
for a grand total of $2.91
million. Total revenue was
approximately $2 million in the
previous half. These numbers
reflect a 43% jump in
revenue from new premium
registration over the previous
half (2H-2020) and a 47% surge
in premium renewal income
over the same period.
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.Tech
generated the most new premium registration revenue at $362,401
(an average cost for its 314 registrations of $1,154 each). #2
earner, .Store, had a slightly higher number of registrations
(316) but, with a $282,905 total, a lower average cost at $895).
63.5%
of premium names up for their first renewal were kept by their owners (the
renewal cost is the same as the original registration cost). The renewal
rate is over 80% for renewals in the second and third years after the
initial registrations.
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(Posted
August 26, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210826.htm
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The
Domain Social is Going Out With a
Bang - Free 9-Day Domainer Week
Event Begins Thursday
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Early
last year
the Covid-19 pandemic had
made it clear that face to face
domain meetings would be off the
table for the foreseeable future.
That promoted Michael Cyger
to create an
online substitute called The
Quarantine Social in March
2020. When summer arrived,
Michael, who is always busy with DNAcademy.com,
needed to give up the social chores,
but another industry veteran, Arif
Mirza, was there to
pick up the ball in July. Arif
renamed the project The
Domain Social and every Friday
afternoon since then, domain
investors from around the world
have come together for the
Zoom-based events that he produces
and hosts. While the socials have
been highly appreciated, the workload
finally caught up with the Montreal
based branding
consultant and
digital marketer too. So, The
Domain Social is coming to close - but not without
one giant last hurrah!
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Arif
Mirza
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To wrap up The Domain Social
era in style, Mirza has organized a 9-day Domainer
Week, that will get underway Thursday, August 26
and run through Friday, September 3. The days will be filled
with more than 20 online sessions featuring dozens of
domain industry leaders. The evenings will include Domain Socials and
other special events, including a live domain auction for the ICA.
All of that and the whole thing is free of charge to all! All
Mirza is asking for, from those who are able, is a charitable
contribution of any size that will be divided between the Internet
Commerce Association (ICA), The
Water School, the fight against cancer (via the Fred
Hutchinson Research Center and the Canadian Cancer Society)
and Third World Education (through UNSECO/EFK). |
Domainer Week
will open at 12:30pm (US Eastern time) on Thursday when Arif will greet
attendees and lay out what is in store for the day and week to follow. The
first business session will follow at 1pm when Arif (at left in the photo
above) will welcome GoDaddy GM & VP (Aftermarket) Paul Nicks
(center) and DNJournal.com Editor and Publisher Ron Jackson (at right)
to join him for a discussion on the state of the domain business today. That
session will run about 75 minutes, followed by a 15-minute Sponsor Break (even
sponsorship for Domainer Week is free with any charitable contribution).
In the 2nd session
Thursday, at 2:30pm, Michael Cyger and Jason Sheppard (both from
DNAcademy.com)
and JoshReason (DNWE.com)
will take over with tips on How to Invest in Domains. Opening Day will
conclude with a Domain Social scheduled to run from 4pm to 6pm
(they have been known to run over). You can check out the schedule and
speakers for the entire week here.
Domainer Week will
conclude with the grand finale - the last Domain Social -
starting at 4pm Friday, September 3 - and I will be shocked if that one
doesn't run way over! To get your free access to all of the activities,
all you need to do is sign
up here.
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(Posted
August 24, 2021) To refer
others to the post above
only (and not the full
Lowdown column) you can use this
URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210824.htm
*****
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With
the Agenda Now Set and the Show Just 4
Weeks Away NamesCon Online is
Ready to Rock Again
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After
a successful show
In January,
NamesCon
Online is returning
for a star-studded autumn edition September
22-24, 2021. The agenda
for sessions that will run
concurrently on two stages
throughout the show was
essentially finalized today when a
Fireside Chat I will have
with the Castello
Brothers, industry pioneers,
Michael and David, was
slated to kick off the final day
of the three-day event at 11:05am
(U.S. Eastern time) on Friday,
September 24. I'm looking forward
to sitting down with my long-time
friends for a two-pronged talk
titled How The
Pandemic Launched A Domain Gold Rush and
Why the Public Should Benefit, Not
Monopolies.
With
a portfolio of top-tier one-word
dictionary .com domains - the
hottest commodity on the current
domain aftermarket - Michael and
David
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Michael
Castello (left) & David Castello
Castello
Cities Internet Network
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(whose past sales have hit
as high as $3.1 million for
a single domain- Whisky.com)
are perfectly positioned to
provide insight into the current
domain sales boom.
Just yesterday, the highest publicly reported sale of the year to date, Hippo.com
at $3.3 million, was reported.
that one came on the heels of a pair of 7-figure sales that Larry Fischer
posted the week before (Marketing.com
at $2.5 million and Near.com
at $1.15 million).
As good as things
are on the sales front right now, the Castello Brothers have always kept a
close eye on the big picture and developments that are important to all
independent online entrepreneurs. Michael, in particular, has written
extensively about monopolistic practices by today's tech
giants that need to be reined in to assure an even playing field for all, so
we will be breaking that down as well.
For me, the only thing that
could be better than sitting in on a session like that would be
sitting in on two of them - and I will get a chance to do that
on the same day. In the closing Stage 1 session of the conference at
2:05pm (U.S. Eastern time) on Friday, September 24 I will
join Tessa Holcomb (DomainAdvisors.com/Igloo.com), Doron
Vermaat (Efty.com) and Andee Hill (ICANN) for a session
titled Flip the Script: Impactful Methods to Shift Negative
Perceptions of the Domain Industry.
This is an especially
relevant topic for me. From the day I entered the industry in the
spring of 2002, right up to today, I have always been puzzled by criticism
leveled at domain investors for doing what all investors do
- invest and risk money in something they hope
will one day give them a positive return on their investments.
We have certainly made great strides on that front over the
past two decades but the fact that it is still an issue to any
degree, is disappointing - especially when I know the character,
talent and vision of so many people in this business is
unsurpassed.
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Clockwise,
from top left, Ron Jackson (DNJournal.com),
Tessa Holcomb (DomainAdvisors.com/Igloo.com),
Doron Vermaat (Efty.com) and Andee
Hill (ICANN). |
As
long as this remains an issue, we need to continue our educational
efforts and outreach until everyone recognizes what seems so obvious
to most of us. There is no difference between domain investors
and those who investin
real estate, stocks, bonds, coins, art, antiques and even other virtual
assets like crypto currency and NFTs. Plenty of people have made money
investing in all of those things and plenty have lost money as well.
That's is 100% true of domains too - like every other investment,
domains are a two-way street. Thanks to industry pros like Tessa,
Doron and Andee, we've come a long way and they will share their
thoughts on what else we can do to get this mission completed.
There will be so much going
on an NamesCon Online I haven't even scratched the surface with
this first post, but I'll fill you in on much more of what is in
store in a series of posts as the countdown to show time
continues. |
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(Posted
August 23, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210823.htm
*****
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George
Kirikos Uncovers a $3.3 Million
Blockbuster - the Biggest Domain
Sale of the Year to Date
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The
world's
#1 domain sleuth, George
Kirikos, has done it again. As
he reported on his FreeSpeech.com
blog Sunday afternoon, Kirikos
presented incontrovertible
evidence that a US-based insurance
technology company, Hippo
Enterprises, purchased the Hippo.com
domain name in the first quarter
of this year for $3,300,000.
With that, Hippo.com charges into
the top spot on the 2021
top domain sales list (we will be
officially charting it when our
next bi-weekly domain sales report
comes out Wednesday, September
1.
This
sale eclipses the $3.15 million
sale of Christmas.com that
has topped our YTD
Top 100 Sales Chart
since February. This wasn't as
easy find for George. He first
found evidence that a big
sale had been completed while
looking through a Hippo
Enterprises SEC
filing. However, as he
details in his blog post, after
the initial reference that piqued his interest,
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Image
from Bigstock
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he had to dig out several
other bits of information from multiple sources to definitively lock down
the price paid for this premium domain.
Since Larry
Fischer has also announced a 7-figure sale since our last
domain sales report - (Near.com at
$1.15 mllion) - there will at least two seven-figure
sales at the top on our next bi-weekly Top 20 Sales Chart, the first time
that will have happened in a year that has now had ten 7-figure sales
come to light.
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(Posted
August 22, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210822.htm
*****
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Larry
Fischer Logs His 2nd 7-Figure Sale
THIS WEEK and Morgan Linton
Brokers a $542,500 Deal
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Less
than 24 hours
after I published our latest
bi-weekly domain
sales report, Larry
Fischer (GetYourDomain.com),
who led this week's chart after
brokering a $2,500,000 sale
of Marketing.com, announced
another 7-figure sale! As Elliot
Silver detailed at
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DomainInvesting,com
today, Larry's second blockbuster
sale of the week was Near.com
at $1,150,000 in a sale
made to a Singapore-based company
that has raised $134 million in
funding through its Series D
funding rounds. Ari Goldberger
and Jason Schaeffer at ESQwire.com
handled escrow duties on the deal.
The
main theme of this week's sales
report was the remarkable
frequency of seven-figure sales
we've seen this summer (our latest
report was the sixth
consecutive edition, covering
12 weeks, that has a seven-figure
sale at the top of the chart).
With the Near.com sale, that
streak will become 7 straight when
our next edition comes out
September 1. It is
especially impressive when you
consider that these publicly
reported sales are just the tip of
a much bigger iceberg.
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Image
from Bigstock
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In yet another
impressive sale, Morgan
Linton let me know today that he had just finished brokering a $542,500
sale of Able.com. In that transaction, Morgan represented the buyer,
whom one of Morgan's friends had introduced him to. Morgan said completing
the mission - getting the owner to sell - ended up being a complex process but
he got the job done. As those of you who know Morgan are aware, he is such
a nice guy it is hard for anyone to say no to him (a great quality for a
broker to have)!
We will be
updating our YTD Top 100 Sales Charts
when our next bi-weekly report is released. As of today, Larry's sale of
Near.com is the 8th biggest sale reported so far in 2021 (his Marketing.com
sale is #2). Morgan's sale gives him a spot among the high fliers in
the top 20. It has been great seeing the sales boom this year. The
only downside is I am getting calluses on my finger tips from constantly
pounding the calculator keys - and the year is still young!
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(Posted
August 19, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210819.htm
*****
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Larry
Fischer & Ari Goldberger Team
Up to Close a $2.5 Million Sale of
Marketing.com
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In
the 2nd biggest
publicly reported domain sale so
far this year,
industry pioneer Larry Fischer (GetYourDomain.com)
has brokered a $2,500,000
sale of Marketing.com with
his long time friend, partner and
domain attorney Ari Goldberger
(ESQwire.com)
handling the escrow. When we add
this sale to our charts in our
next bi-weekly domain
sales report on
Wednesday evening (August 18) it
will trail only the $3.15 million
sale of Christmas.com on our 2021 YTD
Top 100 Sales Chart.
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As
of this writing we don't know the identity
of the buyer (the WhoIs record in
under privacy) and the landing
page at Marketing.com simply reads
"Coming Soon."
Whoever, acquired it got one of
the premier domains on the
Internet - an area Larry and Ari
specialize in (another recent
example being their sale of Home.com
at an undisclosed price earlier
this year).
This is the 8th
publicly reported 7-figure domain sale so far this year with many others
undoubtedly having been made under NDAs. Of the top six sales, four are one-word
dictionary domains (Christmas.com, Marketing.com, Angel.com and Exodus.com) and two are
rare two-letter .coms (IS.com and EE.com).
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(Posted
August 16, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210816.htm
*****
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Campaign Led by Radix's .Tech Domains Raises $62,000 to Expand Computer Science Access in Schools
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Back
in May, we told you
about a new
program that .Tech
Domains
(owned and operated by Radix)
was launching in collaboration
with Code.org,
a nonprofit dedicated to expanding
access to computer science
in schools. The campaign, labeled #MyStartInTech,
sought to eliminate widening gaps
that impact young women and
students from marginalized
communities who are interested in
computer science. Domain.com,
GoDaddy Pro and Namecheap
also got behind the effort and the
final results have just been
announced. With
.Tech Domains and their campaign
partners donating 100% of .Tech
domain sales proceeds in May
and June, over $62,000 was
raised for Code.org.
The
.Tech announcement noted,
"The tech industry is
historically plagued by stark
under-representation of gender,
race, ethnicity, geography, and
family income. In fact, Code.org
data shows that as of
2020, less than half of high
schools in the United States
teach foundational computer
science, despite the fact that the
number of job openings in the
space have been multiplying year
over year. The pandemic has
further worsened this gap;
disproportionately affecting
students from already under-represented
groups, especially since Covid-19
forced millions into remote or
socially-distanced classrooms."
Suman
Das, Sr. Director of Brand
Operations, .Tech Domains, said,
“We are proud of the awareness
we’ve been able to create with
the #MyStartInTech campaign
for this incredibly important
issue. Amassing more than 5
million impressions, this
campaign not only illustrates how
deep this issue goes in the United
States, but also that there is a
passion to learn more about it, solve
it, and ultimately create an
ecosystem that prioritizes equal
access to computer science
education in schools.”
The
campaign was supported by many notable figures from the tech industry such
as Jason Calacinus, serial entrepreneur, angel investor, podcaster; Linus
Sebastian, founder of YouTube channel Linus Tech Tips with over
13.5 million subscribers, and many more.
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The campaign
also included a series of educational webinars, hosted in association
with GoDaddy Pro and Major League Hacking (MLH), that
cumulatively garnered over 45,000 attendees tuning in to hear experts
discuss the staggering statistics surrounding the lack of access to computer
science in schools across the U.S., what they mean for the future of tech
education, and how the tech community could come together to widen access to
computer science in schools.
Elpida Moutsiou, Global Marketing Manager, Domains at Namecheap,
added, “Everything we do at Namecheap is driven by our mission to keep the
Internet open, free, and safe for everyone. When our partner Radix
reached out to us to collaborate on a program that supports access to
computer science to more young people, we just had to go all in! It is our
belief that computer science is fundamental for everyone,
everywhere. Code.org's
mission to teach computer science to young women, and students from
marginalized communities, is one we are proud to support by donating all our
proceeds for .TECH domain sales during this two month period.”
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(Posted
August 10, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210810.htm
*****
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Bhavin Turakhia’s Titan Raises $30 Million from Automattic to Re-invent Professional Email for Web Presence Providers
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The
latest enterprise
of serial entrepreneur Bhavin
Turakhia - Titan
- has just taken a major step
forward with a $30 million
investment from WordPress
parent Automattic
(a Series A investment that values
Titaln at $300 million).
Titan's ambitious mission is to
provide the next generation of email
for customers of web hosting providers, site builders and domain registrars.
Bhavin, of course, has already
scored big wins as the innovative
founder of Radix,
Flock
and Zeta
and Titan looks to be on the same
high speed track.
Titan
was born out of a vision to
re-invent email, specifically
to meet the needs of the small
business customers that are
starting with their web presence.
As Titan's Founder and CEO,
Turakhia noted, “For far too
long, customers looking to get
started with their web presence
with their own domains and hosting
have had no good options in terms
of getting a great email
experience. They’ve either had
to contend with legacy platforms
built more than a decade ago
or buy prohibitively expensive
solutions from Google and
Microsoft. Titan is here to
change that.”
Over
the past two quarters, Titan has
become available to all customers
of WordPress.com, Hostgator
Latin America, and Hostinger.com,
with more globally reputed hosting
brands set to launch Titan
shortly. Titan works with the
leading hosting and site builder
platforms globally to provide an
Integrated Email experience that
enables users to set up and access
email along with their website.
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Bhavin
Turakhia
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A
Titan news release today said that
by partnering with Titan and
offering customers an email
experience that meets their
specific needs, Web Hosts and
Domain Registrars can double
their profits. Through Titan's
plugins, the Titan control panel
can be integrated into hosting
control panels and WordPress with
the potential to drive a 3x
lift in email attach rates.
Titan
WordPress plugin |
Titan also claims these advantages over existing solutions:
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Increasing email
deliverability, improving NPS - with a flawless IP reputation and an advanced abuse prevention process, Titan can guarantee email deliverability, reducing customer complaints and driving a higher NPS.
in developed markets.
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Improving customer engagement and reducing customer churn by 5% - by integrating the Titan into your own hosting panels, Titan partners can see a 100x lift in logins to their website and higher customer renewals from the increased usage.
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Increasing brand engagement 100x - in providing hero branding to partners, partners can capitalize on their customer's daily email use and stop forfeiting that top-of-mind brand recall to Google and Microsoft.
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Custom packaging and pricing
- Titan puts its partners in control of pricing, enabling them to offer Titan through freemium bundles, low-cost stand-alone offerings in developing markets, or premium packages in developed markets.
Turakhia said, "Our partners are the key to our strategy, and I’ve found that working with partners that truly care about giving their customers the best experience ultimately have the best revenue outcomes as well. This investment reinforces our commitment to our partner-first philosophy.
Titan's
Hero interface |
Automattic Founder and CEO Matt Mullenweg added, "We are excited to make our largest strategic investment to date in Titan, and we are working to integrate it deeply on WordPress.com as a tool to help customers build a professional brand online. We believe in Titan’s potential to create a world-class suite of productivity tools that offer an in dashboard, customized user experience, in which it gives users and partners ownership and control over their personal
data.”
Titan plans to leverage the investment to
deepen and expand its product suite
to deliver even greater value to its current and future customers.
|
(Posted
August 3, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210803.htm
*****
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George
Kirikos Uncovers One of the 3
Biggest Domain Sales Reported Year
to Date as 7-Figure Sales Continue
to Pile Up
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While
a lot of us
spend our summer weekends
relaxing, one of the industry's
most successful investors, George
Kirikos, seems to spend at
least a portion of his poring over
government SEC filings in
search of important, previously
unreported domain sales. In
doing so, George has broken the
news on so many big ones I would
estimate the number in approaching
triple digits now (if not already
there). Over the past weekend he
did it again, uncovering and
reporting the details of a $1,950,000
sale of IS.com on his FreeSpeech.com
blog.
George
found the key information in a filing
made by ironSource Ltd.,
who acquired the domain in a
deal closed in the first
quarter of this year. However, as
he details in his article, he had
to carefully go through additional
materials to get all of the
evidence he needed to deliver an
ironclad
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finding
about the transaction. This kind of spadework is something Kirikos routinely
does and I have too often failed to properly acknowledge that by simply
saying he found the information in a government filing. By going well beyond
that in his meticulous research, he has produced a treasure trove of
sales information that has benefited all of us - and continues to do so on a
remarkably regular basis.
George's latest
filing means that, for the 5th
week in a row, our bi-weekly domain
sales report will include at least one 7-figure sale when it
comes out Wednesday evening (August 4). As of this writing, IS.com is the
3rd biggest publicly reported sale year
to date. Only Christmas.com ($3.15 million) and Angel.com
($2 million) have been bigger.
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August
2, 2021) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2021/dailyposts/20210802.htm
*****
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