Comments on: Why Does a Good Domain Name Cost so Much http://www.namecake.com/why-does-a-good-domain-name-cost-so-much-2/ NameCake is a domain name broker and marketplace for some of the most interesting domain names on the Web Mon, 22 Mar 2010 00:18:17 +0000 http://wordpress.org/?v=2.5.1 By: admin http://www.namecake.com/why-does-a-good-domain-name-cost-so-much-2/#comment-639 admin Mon, 16 Mar 2009 16:25:47 +0000 http://www.namecake.com/?p=819#comment-639 Troy - i agree 100%. The domain model of investing has worked quite well so far for me - but i'm now getting much more involved in development. I'm currently building out one of my names which i feel has good potential, then once this has gained traction start on another. I'm not going to rush around building multiple sub par sites - i'd much rather focus on a few that have "real" potential. Who knows what will happen with domain names in the future - you've got bulls and bears - and no matter how convincing their analysis and arguments - the fact is no one knows what's going to happen. Every investment i now get involved in i try to de-risk as much as possible. I see good development as a way of achieving this as it could offset any future pain from domains. Troy - i agree 100%. The domain model of investing has worked quite well so far for me - but i’m now getting much more involved in development. I’m currently building out one of my names which i feel has good potential, then once this has gained traction start on another. I’m not going to rush around building multiple sub par sites - i’d much rather focus on a few that have “real” potential.
Who knows what will happen with domain names in the future - you’ve got bulls and bears - and no matter how convincing their analysis and arguments - the fact is no one knows what’s going to happen. Every investment i now get involved in i try to de-risk as much as possible. I see good development as a way of achieving this as it could offset any future pain from domains.

]]> By: Troy http://www.namecake.com/why-does-a-good-domain-name-cost-so-much-2/#comment-638 Troy Mon, 16 Mar 2009 15:01:29 +0000 http://www.namecake.com/?p=819#comment-638 As I was reading your post I started to think about website sales vs. domain sales. In the end it is the websites that command the biggest money, that is why YouTube.com, a pretty average domain at best sold for 1.6 billion and sex.com (one of the most profitable domains ever) sold for around 14 million. So YouTube.com sold for over 1000 times what Sex.com sold for. Domainers need to become business men, they need to learn to create a profitable project, to fiance, the build it and promote it. Those abilities, with the right domain will make multi millionaires and billionaires out of domainers, while the "perfect name" will never make you more then 1/1000th of it full potential. Troy As I was reading your post I started to think about website sales vs. domain sales. In the end it is the websites that command the biggest money, that is why YouTube.com, a pretty average domain at best sold for 1.6 billion and sex.com (one of the most profitable domains ever) sold for around 14 million. So YouTube.com sold for over 1000 times what Sex.com sold for.

Domainers need to become business men, they need to learn to create a profitable project, to fiance, the build it and promote it. Those abilities, with the right domain will make multi millionaires and billionaires out of domainers, while the “perfect name” will never make you more then 1/1000th of it full potential.

Troy

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