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The Big Bang Moment for Domain Investing - How the 1st TRAFFIC Conference Ignited a New Industry 20 Years Ago

By Ron Jackson

On October 23, 2004, exactly 20 years before I started writing this sentence), the historic first conference in a game changing series of TRAFFIC shows was entering its closing hours at the Delray Beach Marriott in Florida. When it was over, the headline for our review of the first ever major conference for domain investors and the small number of service providers that existed at that time was "Successful Trade Show Heralds the Start of a New Era For the Domain Industry" - and that is exactly what TRAFFIC 2004 did. 

That event was the start of a 10-year run of 28 shows that spread from Delray Beach (and later Miami, Fort Lauderdale and Orlando) across the United States to Las Vegas, Silicon Valley and New York City (3 times), then internationally to Australia, Europe (Amsterdam, Milan and Dublin), as well as Vancouver, Canada. TRAFFIC (an acronym for Targeted Redirects and Financial Fulfillment Internet Conference) was also the spark that ignited a constellation of new conferences that sprouted after TRAFFIC proved the concept could work.

It was not a challenge for the faint-hearted to take on because of the enormous cost to rent hotel ballrooms, guarantee rooms and provide food service (something almost no shows do any longer due to the expense). Yet, even though there was nothing comparable to  today's "domain industry" to draw on, pioneering investor Rick Schwartz, AKA The Domain King, and his partner, the late great domain attorney Howard Neu, took a giant leap of faith and signed the 

Florida's Delray Beach Marriott where the  first 
TRAFFIC conference was staged October 20-23, 2004

In 2009, halfway through TRAFFIC's 10-year run,
Howard Neu and Rick Schwartz were back in 
New York City, staging a conference in the Big Apple
 for the 3rd time.

contracts. It was a decision that would change their lives and that of countless others who built invaluable business relationships and, in many cases, lifelong personal friendships, as a result of meeting face to face at a TRAFFIC conference.

Rick Schwartz had already been a very successful domain investor for many years before TRAFFIC began. In that mid-90s era, the business consisted of just a handful of remarkably prescient individuals who envisioned what the arrival of the Internet would mean - and more precisely - the invaluable role domain names would play in what many view as the greatest technological shift of all-time. Almost everyone else in their lives laughed at them for "wasting their money" on "imaginary real estate." Rick knew better, so why, as one of those rare people who had discovered a goldmine, would he want to stage a conference and invite competition for great domains?

Rick, as usual, got right to the point. "Life is short," he said. "Everything's going to be worth a fortune in 100 years. There's only one problem. None of us are gonna be around in 100 years! So my primary reason was accelerating the understanding, acceptance, and the value and the need for a great domain name. This was something that was going to take decades to get to its full potential, so accelerating it was my mission then and is still my mission to this very day."

Rick added, "I actually first started thinking about doing the show in 1997. But I had one little hurdle. Something called stage fright. I had to figure out how to overcome my fear of getting in front of a large audience. I knew it was something I wanted to do and I knew it was something I had to overcome to actually be able to do it. As time went on Howard had become my attorney and after working with him for about 5 years I realized that while I had stage fright, he had stage presence! He was had been the Mayor of North Miami and also had a local TV show for 13 years, so as a team, I felt like we could do it."

The year before they took the TRAFFIC plunge, Rick sold Men.com for $1.3 million, a transaction that confirmed his theory about the high value of top quality domains. "The sale of Men.com in 2003 was reported worldwide," Rick noted. "That sale turned theory into reality and gave me the street cred to be able to pull off a show about domains and assemble those involved for the first time - and also to educate the universe as to why a domain with traffic could and would be life-changing."

Rick Schwartz had to overcome stage fright
 to take the podium on the opening day of the
 first TRAFFIC conference in October 2004.

 

"The sale allowed me to take a huge financial risk to put on that first show," Rick continued, "While I had attended and had booths at hundreds of trade shows in 55 industries, I had never run one. So my reputation was squarely on the line because I didn't have a damn clue of what I was doing!"  Things got even scarier when he had to start signing the checks. "Our keynote speaker, Ben Stein alone was $50,000 but that also helped to give us credibility," Rick said. "I had to guarantee each and every room months in advance. Had to guarantee about 225 room nights. Then there was the food. The big nut. I had to guarantee something like $150,000 in food. All that just to acquire the space. Who knew? But there was no turning back!," Rick declared, adding, "Bottom line, I personally financed it and was on the hook for about $300,000 if this all went south. And I was in a tough financial position because I was fresh off of a divorce. Still, I signed the contract months before the conference, even though I only had $69,000 in the bank at the time. That left me with one thought, "This better F'ing work!"
 

Rick and Howard went all in to get Keynote Speaker Ben Stein for their first conference.
(Left to right): Domain Investor Marcia Lynn Walker, Ben Stein, 
Barbara Dillman Neu, Rick Schwartz and Howard Neu.

Despite the risk, Rick believed it was the road he had to take. "I felt good about marrying my expertise in domains with Howard's ability to be an emcee, but the most important thing was the timing was right. Everything in life is about timing and it had to be done and done then. I would select the topics and populate the panels and put the schedule together and do the outreach and the marketing. But when show time arrived, Howard took the reins and I was the locomotive engineer that kept things running on time and making sure that everything was running smoothly and attendees were happy."

 

"However, I was also the point man that took all the slings and arrows from everyone wanting to run it their way. Many had their own agendas. My only agenda was to further the understanding of why domains and traffic were so important to a successful business on the Internet. My focus was on those that could benefit from that vision and could get on board. But it was always a tug of war with others trying to derail the mission and I wasn't going to let that happen. The time had come for pioneering domain investors who had been working and collaborating together for up to 5 years and longer to finally have an opportunity to meet face-to-face for the very first time.

 


Above: Attendees at the first TRAFFIC conference eager to get the historic 2004 event underway.

 

Below: Attendees getting to know each over dinner at the 2004 event. Rick & Howard believed breaking bread together brought people closer to each other so TRAFFIC shows provided meal service to keep everyone together throughout the event.  
Photo credit: Marcia Lynn Walker

When guests began arriving for the TRAFFIC 2004 conference it quickly became apparent that Rick had gotten a major bonus in partnering with Howard - Howard's super sociable wife Barbara Dillman Neu, who took on the role of TRAFFIC hostess and  always went above and beyond to make every person she met feel welcome, at home and appreciated from time they walked in the door until the time they left.

 

While Barbara is all about helping others, she had one big concern about that first show. "The hotel at the time was in the middle of remodeling and due to a rash of hurricanes that hit Florida that year, the refurbishment got delayed," Barbara recalled. "I was worried how we would look if the hotel was not presentable; it had bare cement floors and walls the first time I saw it! At the end of the day it didn't matter...once everyone got to finally meet at our opening cocktail party there was so much excitement in the room no one noticed the bare floors!," she marveled.    

Barbara had a full-time job at the time and son Ray (who became an indispensable TRAFFIC team member in the decade of shows that followed) helped as often as he could, even though he had just started playing college basketball at Florida Atlantic. "Neither one of us knew how our lives would change just from this first conference," Barbara said. "No one ever really discussed who would do what but we all found a job to do. I knew I wanted to greet everyone as they came in at registration and also had a passion for photography so I used any free time to walk around meeting people and having them pose for photos. After seeing how it all worked in 2004, Ray also found his role in the operation and by the next year we both took on TRAFFIC as a full time occupation and it became a family business for us. At every meal it was the topic of discussion. Before TRAFFIC we all had our separate professional lives but when it immediately started to grow after that first show it became our life together as a family."

Howard Neu, Barbara Dillman Neu and Ray Dillman Neu at TRAFFIC Amsterdam in June 2009.

The hard work they put in yielded countless highlights. Barbara agreed noting, "It would be impossible to pinpoint favorite memories. So many business relationships became a reality because of TRAFFIC and for us the best thing is the personal friendships that have lasted through our lifetime.  The ultimate testament to that was how many domain people from all over the world attended Howard's celebration of life this year. It was incredibly meaningful for us." 

Howard Neu, along with Ari Goldberger and John Berryhill, were among the very few attorneys that concentrated on legal issues related to domains. They were so successful in defending domain owner's rights that grateful clients and others in the industry nicknamed them The Three Amigos. All three were at the first conference and Berryhill has vivid memories of the experience. "Finally meeting people whom I had known electronically was like opening packages on Christmas morning," John said. "It started at the airport, actually.  MJ and I had booked a shared van from the airport and we were chatting about I don't even remember when the man in the seat behind us asked, "Are you John Berryhill?", and it was one of my own clients whom I had not met personally! I think it took about an hour to get across the lobby from the check-in desk to the elevator, just from the excitement of meeting actual people behind the familiar names on conference badges," John recalled.

The Three Amigos together for the first time at TRAFFIC 2004 in Delray Beach
(Left to right): John Berryhill, Howard Neu and Ari Goldberger.
Photo credit: Marcia Lynn Walker

Attorney John Berryhill speaking from the
audience at the first TRAFFIC conference in 2004.

That first conference was also the first time The Three Amigos actually met each other in person. John noted, "Ari, of course, had done pioneering work in domain litigation and UDRP disputes, and I can remember the first time I called him just to say "hello" and tell him how much I admired his work.  The few attorneys that were doing this sort of work in those days would keep in touch by email to discuss arguments that worked, arguments that didn't, and to sort of flesh out a roadmap of issues that needed to be resolved in domain disputes.  

The domain industry itself was not well developed when the UDRP was being put together and we had to figure out ways to carve out defenses for legitimate domain investing in contrast to cybersquatting.  When the Barcelona.com UDRP case went the wrong way, and then again at the district court level, the attorney that was hired for the appeal was an appeal specialist who reached out to us for domain-specific input, and the appeal brief became something of a group effort. So, yes, we had spent a fair amount

of time in the trenches together for a couple of years before finally meeting in person at that first TRAFFIC conference. Now, there is a big Howard-shaped hole in the community." 

"The best analogy of that first TRAFFIC conference is like the "Enchantment Under The Sea" dance in the Back To The Future movie franchise," John added. "It's an event through which so many story lines converged and subsequently diverged, but is the indispensable event through which all of those story lines connect. At the time, though, it reminded me of "Some Like It Hot" in which the top gangland bosses hold a summit meeting at a Florida resort hotel. Domaining at that time was so obscure and difficult to explain to people that being in the industry was like having a membership in a secretive organization."

In another anecdote John told us, "Frank Schilling had graciously invited me to use a room he had reserved but ended up not needing.  He told me to check in under the name "Vern Jurovich" which I assumed was an alias Frank himself used.  I actually didn't know Vern was a real person until quite some time later when I met him in Cayman, to our mutual surprise. So, using what I thought was Frank's alias added to the feeling of being in on a secret," John recalled.  (Editor's note: For those who don't know Vern, he is one of he most widely loved and respected members of the domain community. John and I want convey our deepest sympathy to Vern and his entire family after the tragic loss of beloved daughter Keayton last month after she suffered an unforeseen embolism and cardiac arrest. No words suffice to convey our sorrow and concern for Vern and his family in this terribly difficult time). 

John Berryhill got Vern Jurovich's room at the 2004 TRAFFIC conference when Vern couldn't attend, but Vern (center) was there for the 2nd TRAFFIC show to accept the 2005 Domainer of the Year Award on behalf of his close friend Frank Schilling.

One of the industry's all-time greatest broker/entrepreneurs, Larry Fischer (GetYourDomain.com) was also at TRAFFIC 2004. Larry and Ari Goldberger had become partners in a new parking company called SmartName.com and they took a booth at the show. Larry said, "The first TRAFFIC conference holds a special place in my heart, not just because of the business it helped ignite but because it was the beginning of lifelong friendships with some of the most amazing people in the industry. From the very start, I had the pleasure of meeting pioneers like Rick Schwartz, Howard Neu, Ron Jackson, Michael Berkens and Ari Goldberger, who quickly became not just colleagues but some of my best friends in life. The camaraderie we shared, both during the event and in the years that followed, shaped my experience in the domain world and beyond.

"One of my fondest memories from that first event was sitting down for dinner with people I had only ever communicated with 

Larry Fischer at the first TRAFFIC conference in 2004.

online—it was surreal to finally meet these legends in person. The conversations we had about the future of the domain industry were inspiring, and we all left with a renewed sense of purpose and excitement. That conference wasn’t just about deals; it was about community. It was where we all began to realize just how far the industry could go with the right people driving it forward. The friendships formed during that time still mean the world to me today, and many of us continue to work together, pushing the boundaries of what's possible. Looking back, that first TRAFFIC event laid the foundation not just for the success I’ve achieved, but for the close-knit relationships I treasure. It was the start of something truly special, both professionally and personally."

The Exhibit Hall at the 1st TRAFFIC conference in 2004. At far right, Larry Fischer and Ari Goldberger greet visitors to the SmartName booth. At far left, Joe Alagna checks out a presentation from domain attorney Stevan Lieberman.

One thing about the early days of the domain business that immediately struck me was how few women were in it. You could literally count them on one hand and have a finger or two left over. Marcia Lynn Walker was one of those early pioneers and she was at that first TRAFFiC conference and was the lone female speaker on panel discussions. I met Marcia there and we have been friends ever since. In recent years, every time I walk in to cover one of the Women of the Web events at NamesCon - with a hundred or more brilliant businesswomen filling the room - I always think of Marcia and how much things have changed for the better on that front over the past 20 years.

Marcia Lynn Walker (at far right) was the only female speaker at the 1st TRAFFIC conference.

Regarding that historic 2004 event, Marcia said, "The most memorable thing about the first TRAFFIC conference was all the photos we took!...and spending time with people we've known online for years. We had a smaller DEANfest in Beverly Hills in 2002, but the TRAFFIC conference included more people. Also memorable 20 years later is that while at the conference, I shared how a sponsor owed me money for traffic I sent to them as an affiliate but the sponsor refused to pay me. Many of my colleagues contacted that sponsor, threatening a boycott of domain traffic, and I was paid within days of that conference. It was a first example of our collective power as domainers! Looking back, I also appreciate what a unique opportunity it was to be there at the beginning of a new industry that shaped the online world, and make good friends with others that were there with me as well"

One of the most successful domain investors in industry history, Nat Cohen from Telepathy.com, was also at the first TRAFFIC (Nat also went on to play a key role in building the Internet Commerce Association into a fast growing, highly effective non-profit organization that fights for domain owner's rights today). Nat will never forget what the first feeling he experienced at TRAFFIC 2004. "That was the head-spinning shock of having names that I'd seen in the Whois records over the years suddenly coming to life as real people whom I was now talking to!," Nat said. 

"The first TRAFFIC transformed the industry and my experience of it.  For the first time, I could develop in-person relationships with others who were doing the same thing that I was.  It was my first chance to meet Rob Montgomery from Canada, whom I had worked with closely for years and whom I had never met - and, without whose encouragement, I wouldn't have attended."

Nat added, "In those few hours, so many important relationships were begun that lasted decades.  Of course, there were our hosts Rick, Howard and Barbara and I met Ari Goldberger, Larry Fischer, 

Nat Cohen was at the first TRAFFIC conference in 2004 but somehow evaded our cameras! We caught him at many future TRAFFIC events though, including this one when he sped through the Exhibit Hall at the 2008 TRAFFIC East conference at Disney World in Orlando on a Segway!

John Berryhill, Monte Cahn (who started the first impromptu domain name live auction by writing domain names on a whiteboard), Rick Latona (one of whose domains I bought at that auction), Russ Goodwin, Richard Lau, Stevan Lieberman, and you, Ron, and so many more, many of whom have moved on to other fields.  It was a kick to see Ben Stein present to our small group as the keynote speaker.  I believe he said it was the smallest group who had ever engaged him to speak, which somehow had the effect of making us feel like we belonged to a special club.  Years later I saw him at a social event and asked him if he remembered the TRAFFIC conference.  Ben said that he had good memories from doing the show and it was one that stood out for him."

Nat also noted how the results from being at TRAFFIC conferences often worked like a time-delay capsule. "I rarely did much, if any, business at the TRAFFIC shows, so when I was flying back, I might wonder how attending the conference had helped my business," Nat said. "But I found that in the course of the year, the relationships formed at the shows would lead to lots of deals and new opportunities. The friendships and the trust that were developed by meeting in person at the conferences would wind up having a huge business impact down the road. When I think about how close I came to not going to the first TRAFFIC conference, and about how transformative an experience it was, I am grateful that I was given the nudge to go and also grateful that I don't have to live with the regret of not having gone!"

Monte Cahn chatting with visitors to the Moniker 
booth at the first TRAFFIC conference in 2004.

Nat mentioned how Monte Cahn orchestrated the first live conference domain auction at TRAFFIC 2004. That is a story best told by the industry pioneer himself. "For the first time, domainers (domain buyers, investors, sellers, and monetizers) and domain industry professionals gathered in Delray Beach thanks to Rick and Howard's thoughtful planning," Monte began. "Many of the attendees and panelists were invited to come because they participated on the early discussion boards like RicksBlog.com, eRealestate.com and  RicksBoard.com and Rick felt they could and would positively impact the new domain industry. Being one of the early domain investors and pioneers in the space (1994/95), I was fortunate to be invited to participate in these discussions and help shape the future of the industry."    

At the time, I was the Founder and CEO of Moniker.com.  It was our first domain conference and we had a special exhibit booth/display built just for that show.  It was super exciting to be part of something that was destined to change the industry in such a positive way.  Rick and Howard did a phenomenal job of organizing the event with great content, sessions, networking, and FOOD & DRINK!  We solidified many relationships with customers and even our competitors.  I was preaching coopetition back then which was the concept of all of us working together…even competitors, to build a strong, ethical, and trustworthy foundation of an industry that has proven successful today."

Today, people are fascinated to hear that the first TRAFFIC live domain auction was run with Magic Markers and a Whiteboard. As the old Virginia Slims commercials used to say, You've come a long way Baby! Monte told us how that all happened. "Having conducted several online/email auctions before the 2004 TRAFFIC…including the auction and first 7-figure sales of WallStreet.com, Autos.com, Computer.com, and Pay.com, Howard approached me to discuss the possibility of putting a fun domain auction together for the show," Monte said. "We decided  to do a style list and bid auction where people list their domains for sale on the board, and others then bid by writing their bids in on the board.  The winning bid was the last highest bid written prior to the start of our dinner that night.  I announced the winning bids at dinner, and I believe we racked up a whopping $48,000 worth of sales that night.  I know it does not sound like much, but it started what would become a standard event at TRAFFIC and other conferences going forward when I turned that listing board auction into live auctioneer auctions with paddles in the air and eventually online and live simultaneous bidding.  History was made that night, for sure!"

Above & Below: The world's first major domain conference started out with a low-tech domain auction but just a year later things changed dramatically when Monte Cahn brought in a live auctioneer and turned the auctions into a cornerstone conference event.

That humble beginning evolved into Monte's current company, RightOfTheDot.com. Monte noted, "With more than $590 million in domains and digital asset transactions, Moniker.com  Monker/Snapnames and now RightOfTheDot, ROTD has become the standard for brokerage, live, and online auctions at industry conferences and events from 2004 to today.  Without that first live-style auction in 2004, we may be looking at a much different industry with way fewer sales and stability. 

Asked to reflect on why the first TRAFFIC conference succeeded in capturing lightning in a bottle, Rick Schwartz cited several elements including a pressing need for support and recognition of what we were doing. "Most of us worked solo and people around us - family friends, significant others - did not understand what we were doing so there was no mental or positive support for what we were doing because very few understood it. If anything, there was a lot of doubt and headwinds from spouses and other family members that some were gambling with their family finances. So it was a pretty tough journey for many and that's why part of the formula of TRAFFIC was to have spouses come for free or a very nominal charge,' Rick said. "As domain investors, their support was vital. They needed to be on board and understand what their significant others were doing, why they were doing it and help them. Encourage them. Be proud of them!"

Rick & Howard making their TRAFFIC 
conference debut at Delray Beach in 2004.

"There was also a lot of pushback from publishers and developers and techies that domain names weren't even important. We had a lot of things to overcome, a lot of pushback and a lot of bad advice being given to start up companies that really needed good advice...and many of these people that were lecturing us didn't even believe in natural type-in traffic," Rick said, "Their ignorance was misleading throngs of new businesses getting online. People needed to be educated. We needed to spread the word somehow and now we had a megaphone to spread it with the domains that we owned."

 

Rick cited another key, not only for the first TRAFFIC, but the 27 shows that followed. "The big surprise was that companies wanted to sponsor us all of a sudden and that was something we didn't factor in at all.  I think we expected maybe 35 to 50 people. We ended up with 135 people and 8 or 10 sponsors that was not even in our plan. We thought this would just attract  domain investors. My mission was not to make money. My mission was to just break even and not take money out of my pocket. But the sponsorships sort of changed things and all of a sudden it became a little bit of a business. Surprise surprise!! That allowed us to expand. Do more shows. Expand the audience, raise the game, breakthrough and get noticed. I guess when Google and Yahoo started sending teams of their employees to TRAFFIC the message was finally out," Rick said.

 

 

DomainSponsor, with Ron Sheridan at the helm, drew a constant flow 
of attendees to their booth at the first TRAFFIC conference.

 

Confirmation that TRAFFIC 2004 was only the beginning of something much bigger was cemented the next year when TRAFFIC ran two events - TRAFFIC West in Las Vegas in May, then back to Delray Beach for TRAFFIC East 2005 in October, with attendance at each more than doubling that of the 2004 debut. That 2005 Las Vegas show at the Venetian Hotel was the first one that one of the most widely-known figures in the industry today, Ammar Kubba (afterTHOUGHT.com), attended. "I seriously can't believe it's been 20 years since TRAFFIC launched?!," Ammar declared. "I remember my first TRAFFIC show like it was yesterday (well, not quite yesterday, but definitely not 20 years ago). That show holds a special place in my heart as being the tipping point for my domain entrepreneurial journey. We drove out through the desert from LA to Las Vegas in a rented cargo van packed with our booth and some merch. No air conditioning, no radio, just two young guys, both excited and nervous about our first real interaction with the domain community. Once we got to the hotel, checked in, and went down to the conference floor, we could feel the energy. Rick, Howard, Barbara and Ray were so welcoming as they checked us in… I'll never forget that!"

 

"Once the show started, it was a nonstop whirlwind," Ammar recalled. "Never-ending conversations with domainers and continuous learning about the industry and the landscape. It was that week that I learned what it would take to succeed. I saw, met, and spoke with our future customers, and our competitors. It was electric!"  

"Speaking of tipping points, two things happened in those first couple of shows that really helped solidify our business. As a sponsor, we had the opportunity to give a presentation to the attendees. It was my first time speaking in front of such a large audience, and I was beyond nervous – despite downing a few Black Labels of liquid courage right before going up on stage. Somehow I rambled and stumbled my way through the presentation, but not before ruffling a few competitor feathers with some friendly smack talk. To my surprise, as Rick took the stage after my presentation,

Ammar Kubba speaking at the 
TRAFFIC 2005 West conference in Las Vegas

he graciously welcomed us to the domain community, thanked us for our sponsorship, and then announced to the audience that he would be entrusting us with several of his prized domain possessions, including Property.com, Properties.com, and, I believe, Candy.com, among others. And when Rick speaks, people listen… and then they follow. The rest is history."

Ammar concluded, "The value we got from TRAFFIC is immeasurable – not only as a company providing a service, but also for me, individually. I made countless friends at those shows that I still talk to, hang out with, travel with, do business with, and most importantly, laugh with. The TRAFFIC shows weren't cheap, that's for sure, especially for fledgling businesses and new investors. But not attending would've been much more expensive. I am forever grateful for the opportunities to attend TRAFFIC (I never missed a single show) and to become a part of the community. And none of that would've been possible without the foresight and the determination and the hard work of Rick, Howard, Barbara and Ray. Thank you!!

The 2005 conferences were also the ones that had Ray Dillman Neu onboard full-time to complete the TRAFFIC team. Ray told us, "The year before, at 18 years old, I just starting to get my feet wet with college and playing basketball for Florida Atlantic University when the  the first TRAFFIC show was happening just 30 minutes up the road from FAU. I knew my dad was starting a new venture but I was very wrapped up with practice and school as the season would be starting in early November. I was able to sneak up to the opening cocktail party and start to meet and mingle in the domain business. Little did I know this new venture my dad was getting into would quickly change my life!"

The secret was out and the crowd size DOUBLED when TRAFFIC returned to Delray Beach in October 2005. My wife and I came down the elevator to go to a welcoming cocktail party and there were so many people to talk to in the lobby we completely missed the party even though it was just 100-freet away. Just as we finished the last conversation and reached the door to the party room it was closing down! Photo credit: Marcia Lynn Walker

"As the second show rolled around I began to get more involved operationally with the conference," Ray recalled. "Working with my dad and Rick was so easy; following their lead of hard work and attention to detail, I just started filling in places I could help. None of us ever defined roles, it was just a synergy for everyone to work together to bring the best conference for the attendees to have a great time and find success."

"20 years later I cannot imagine my life without TRAFFIC.  From being 18 years old and never even thinking about a business to  a point where pretty much every day since the first show I was either assisting with the conference or starting my own domain projects. There is not a day that goes by that I am not grateful for the first TRAFFIC and everything it brought for me and my family. To this day

Ray Dillman Neu with parents Howard & Barbara
The domain industry's First Family

domains and the domain business is still my passion. My Dad was always so proud of TRAFFIC and it is an honor to know I was there, side by side with him,  through it all."

TRAFFIC got off to a great start in 2004 and 2005 but it was really off to the races in 2006 when they hit the road for a landmark show in Silicon Valley and a return to Las Vegas with each doubling the size of the 2005 shows and quadrupling the first one in 2004. "The Silicon Valley show definitely brought us to a different plateau on the way to New York." Rick said. "The mission of Silicon Valley was to educate the techie class just how important domains were and why their traffic was so important. I would say one of the most memorable evenings was the party we had at the Googleplex. There was no question that we were flying. We got up to 665 attendees at our height and those shows were terrific and all were the lead up to what I would say was the most important show which was New York City in 2007". 

 

Rick & Howard reach the promised land - New York City for TRAFFIC 2007.

"TRAFFIC New York 2007 was the big time and like going to the major leagues. So was the cost!," Rick laughed. "This time I was on the hook personally for an $800,000 overhead. It was a big roll of the dice. And it ended up being a great show with a historic auction, but there was also a lot of splintering and headwinds by sponsors themselves that ended up derailing some of the momentum."

 

"When we hit New York City, our target was Madison Avenue," Rick said. "To this day a  panel discussion there was one of the most memorable and contentious we ever had. Their answers were outrageously terrible. The excuse for not having a company like Marriott or Holiday Inn or Westin or Hyatt or Hilton to not obtain Hotels.com for a small fee was the worst single answer I have ever heard in my business career. "It wasn't in the budget that year." So if you have a fire in your business or a pipe explodes and water is going all over your factory, if it's not in the budget that year you ignore it?! Is that the answer? Like I said it is the dumbest answer I have ever heard in over 50 years of being in business."

 

"That shortsighted mentality caused companies to suffer and miss what WAS the greatest opportunity of their business lives. Because Hotels.com for a few hundred grand was not in their budget that year these companies that I mentioned now have to pay Hotels.com for leads for eternity! Those leads probably cost them more on a daily basis than the damn domain would've cost them to acquire. All because they got such terrible advice from the misguided fools of Madison Avenue that think of themselves as experts. They are exactly the opposite."

 

Rick added, "Nonetheless, I believe that marked the highlight of the journey and to be honest, I really wanted to walk away from the show in 2007. We had gotten to the promised land and I was satisfied with what we had accomplished. But by this time, a lot of people were depending on that show, and I was pressured into continuing it. But honestly, that would've been good enough for me."

 

 

A highlight of TRAFFIC New York 2007 was the TRAFFIC/ Monte Cahn live domain auction
that generated over $12 million in sales, a record that still stands today.

 

While Rick would have been happy exiting the stage at that point, TRAFFIC would only continue to expand over the next seven years, including the first of many international shows in 2008 with TRAFFIC Down Under in Australia. A year later, five years after the first show, TRAFFIC arrived in Europe with a 2009 event in Amsterdam. The years and shows continued to scroll by until Rick decided once and for all to bring down the curtain on a remarkable 10-year run. The final show in the series was at a suitably luxurious location for a grand finale, The Fontainebleau Hotel on Miami Beach where the last show ran in autumn of 2014.

 

 

Howard & Rick at the final edition of TRAFFIC - the 10th anniversary show that Ran Oct. 30 through Nov. 2, 2014 at the Fontainebleau Hotel on Miami Beach. Rick was able to leave TRAFFIC behind with a smile and no regrets.

This brings up two points Rick wanted to address in looking back at TRAFFIC history. Why was it expensive to attend? and what led to his final decision to walk away? If there is one thing everyone who knows Rick has learned about him it is not to ask a question unless you are willing to hear an honest answer, no matter how blunt that answer might be. He will tell you exactly what he thinks, a trait he fully understands can create both new friends and new enemies. Knowing that going in, why did he decide it was time to hang up the cleats?

 

"Well, I guess this is where I may get in trouble, but I do have to give you an honest answer," Rick began. "The bottom line was I wasn't gonna be a whore for the new gTLDs. We were even offered a percentage of Namescon at the time, but I refused to endorse a product that I thought was garbage and done for all of the wrong reasons! I could not and would not mislead businesses to just have them do costly re-branding as we now see. At that point there were too many agendas and I simply didn't believe in gTLDs and I'd rather walk away than sell my soul on something I didn't believe in."

 

Rick Schwartz speaking during his final TRAFFIC 
appearance at the 2004 10th Anniversary 
Farewell conference on Miami Beach.

"So, here in 2024, 10 years after the last show, all I can say is they were crap 10 years ago and they're still crap. At the end of the day, it was a needless detour that cost domainers a lot of time and money that they will never get back. Countless businesses were led down the wrong track and because of that probably failed before they had a chance to succeed. Most importantly, it was a true disservice to end users. the whole thing was a money grab by people that missed the boat on .com domain names. That's the simple reality. Domain investors watered down and devalued their own assets led by a corrupt ICANN and some of their past leaders. It was pure corruption in my humble opinion. I said at the time that coming out with 1,000 or more extensions at the same time was foolish and would be a stampede with mostly big losers and only a handful coming out well at best. Most of the extensions got trampled. Numbers don't lie, even though there were a lot of pumpers and dumpers," Rick said.

 

"On the other hand, I want to thank them because the biggest part of domain investing today are those that got fooled and went with one of those silly gTLDs only to realize the headwinds that they were never told about. That has led to many millions spent on rebranding to a viable dotcom. Wasted valuable time and effort were the needless and very costly detour. Most were probably not even lucky enough to rebrand. Their cardinal mistake was telling businesses and others and anyone that would listen that dotcom was dead. Nothing could be further from the truth and they sounded like fools for saying it. So that was the moment that they lost all of their credibility. Delusional is about the only word that comes to mind."

 

"Had they done it the right way, some of them could've been viable," Rick opined. "The right way would've been marketing those names as an on-ramp and another door to their already existing business. But they chose the dumb way and they paid for it. So in 2014 it was simply time to walk away and get out of the middle of a train wreck. I wanted no part of it. It would've been easy and financially rewarding to go with the flow but I couldn't justify spewing bullshit and lies and things I didn't believe in just to get along. So I walked away. I refused to go along to get along. My main mission was accomplished. I can look back proudly at what we achieved, who we brought together and the life-changing opportunities that TRAFFIC gave us.  

 

As for the cost to attend TRAFFIC events Rick said this. "I would say my biggest regret is people not understanding the rhyme or reason behind TRAFFIC and why it had to be exclusive to be so valuable and useful and life-changing. I wanted to keep the business in and the noise out. When you give things away for free or very low cost, there's no entry bar. You're not qualifying the people that are attending and therefore you're setting up your attendee to waste time with people that are unqualified."

 

"So it would cost somewhere between $3,000 and $5,000 to come to TRAFFIC with hotels and airfare and that high bar was responsible for only serious people coming. Also, when you invest $3,000 to $5,000 it motivates folks to accomplish something and make a deal somewhere along the way. And that's exactly what happened. Businesses relationships, and joint ventures were born at TRAFFIC. Many of them. That's value!"

 

 

TRAFFIC traditionally ended their conferences with a Farewell breakfast so attendees could see each other one last time and fuel up before making their way back to their respective homes around the world. This shot is from the last Farewell breakfast at Miami Beach in 2014 with conference Co-Founder Howard Neu waving from the back.

 

"That was a formula of and for success. And I refused to change that formula because it worked," Rick declared. "It changed lives. I am proud of what Howard and I achieved and our families that supported us on behalf of a very special group of people that seized an opportunity that was life-changing and to this day will be remembered as one of the most pivotal moments in our lifetime. That's what I call priceless. And when you're giving away something or trying to put together something that's priceless, you don't argue about price. Matter of fact, If something is free, YOU are the product! Now maybe it makes more sense," Rick concluded.

 

For awhile there was talk that Rick might be interested in putting on a one-off 2024 show to celebrate TRAFFIC's anniversary. He told us, "My idea of a 20th anniversary TRAFFIC event was one I knew would probably never occur. However, I wanted to give Howard something to look forward to even though I knew it was against all odds as he had already beaten the clock in fighting a very aggressive, pancreatic cancer, and was already on borrowed time. Together, we did something really cool and I'm really proud of it. TRAFFIC was a significant show that endured for 10 years. With the 28 shows in multiple continents. TRAFFIC is woven into the history of the domain name industry. With almost every story told there is some thread that always seems to relate back to TRAFFIC in one form or another."

 

 

Rick, Barbara & Howard at their next to last TRAFFIC conference in Las Vegas in May 2014.

 

"I hope it was as meaningful to the attendees as it was to Howard and myself. And while it's 20 years ago, those memories seem like yesterday because they were so important and momentous. So many in the industry forged lifetime relationships at TRAFFIC. That alone is priceless. And finally, I would like to thank you, Ron Jackson, editor and founder of this DN Journal. Ron, you took the time to preview and memorialize each and every show and everything that transpired during those shows. That helped to circulate our mission and it was also priceless. You, Howard, Diana and Barbara formed a terrific bond and great friendship that endured from that very first moment to his very last."

 

 

Ray Dillman Neu and Ron Jackson at the 2012 TRAFFIC conference at Ft. Lauderdale Beach

In closing, Rick said, "There are countless other relationships and friendships and bonds that were formed at TRAFFIC that will be life long. An unintended, but wonderful byproduct of our shows that nobody can deny. There has always been a lot of turmoil, arguments, and people protecting their turf in the domain industry. But there has also been a camaraderie, and love that none of us will ever forget. 
TRAFFIC is our legacy!"
 

*****

This article is dedicated to Barbara Dillman Neu and Marcia Lynn Walker.

Warren and Marcia Lynn Walker at the first TRAFFIC conference in 2004.
Photo credit: Barbara Dillman Neu

I met Barbara Dillman Neu and Marcia Lynn Walker for the first time 20 years ago at the first TRAFFIC conference held at the Delray Beach Marriott Hotel in Florida in October 2004. We have been friends ever since. They are two of the smartest, kindest and most considerate women I have ever met. This year it has been heartbreaking to see them both having to go through the unimaginable pain of losing the loves of their life - husbands Warren Walker (a wonderful, sweet man and fellow native of  Ohio) and my dear friend, TRAFFIC Co-Founder Howard Neu. Both men had to fight unexpected battles with aggressive cancer.

Despite what they are going through and how difficult it is to focus on anything beyond the pain of their loss, Barbara and Marcia both pitched in to help me with this article. Fortunately for me, they are both talented photographers and dug 

Marcia Lynn Walker (left) & Barbara Dillman Neu
at TRAFFIC 2004 in Delray Beach, Florida

through their files to send me some shots I had never seen before to go along with those from our own library. They are very special ladies who have enriched the lives of everyone around them. Barbara and Marcia, we all love you and  thank you for being a friend!

- Ron Jackson

 


 

 
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