So I read an article on the Flippa blog by Max Guerin that seems to want take shots at .com investors, Rick Schwartz and the “traditional domain press.”
In an article titled “The Rise of Alternative Domains” Guerin starts out the gate with cheap shots,
Some domain investors have been complaining about new gTLDs (new general top-level domains) seeing in them a threat to their almighty dot-com and while the latter has not yet been dethroned as “the king extension” the competition has definitely been felt.
As an investor, you often hear the phrase competition is good and should be supported so why should it be any different from the domain industry? It’s not like .com stands for “communist” (it’s “commercial” dummies) although when you listen to people like Rick Schwartz who calls himself “Domain King” (why not “The Father of Domains” while he’s at it) it sometimes feels like it.
I think it’s fair to say that no .com only domainer sees new gtlds a threat to their .com portfolio. Especially Rick, so the communist line seems way out there.
Guerin compares new gtld opportunity now, (which let’s be honest some are over 5 years old and new is just a state of mind) to what he saw in domain hacks, and buying and selling cctlds. Guerin has been running a domainers club (Claim.Club) for over a decade that has made over $1million in profits, so congrats to him on that. Claim.Club does forward to a hack ClaimYour.Name.
When talking about sales in cctlds, Guerin makes the statement, ” Domain sales have also gone up despite not being widely enough reported on by the traditional domain press. “
That’s simply not true, DNJournal, DNW, DomainInvesting, TLDinvestors, OnlineDomains, TheDomains and just about every other blog that blogs daily, covers the sales of legacy tlds, cctlds and new gtlds. So I am not sure why that statement would be made, because if the venue reports it, it’s covered and also listed in Namebio.
Look personally I believe invest in whatever you like, be honest and transparent with your sales and your relationships and don’t mislead new investors. We have advertisers here that come from both the new gtld and legacy world, Mike and I own plenty of legacy extensions, cctlds and new gtlds. There is no need to try to imply that those who have differing opinions have those opinions out of fear or feel threatened.
Good article, not sure why some feel they have to put others down to rise up. the ngtlds are a different animal. If Max loves ngtlds great, just stick to them, not take a shot at Rick.
Thx for posting here because I know no one who goes to flippa anymore.
Rick ain’t afraid of shit, especially the garbage that is new gltds and domain hacks. Pleeeeeeeese!
I’m not referring to any specific person, but aside from trying to prevent new gTLDs from taking off and threatening their .com investments, I can’t think of other reasons that .com advocates always show strongly negative attitudes toward new gTLDs. Maybe you know the reasons? Besides, I hope they could be more respectful when they are talking about new gTLDs.
Commenting on domain industry blogs has zero effect on whether new tlds take off or not. They’ve crashed and burned due to no demand from endusers.
Step out of the bubble, most people in the industry think these names are terrible rather than being threatened by them.
@Ethan these are my two biggest questions/concerns as well. There is a level of anger and fighting talk that just seems unnecessary. I’ve questioned it too. Why does this have to become a war? .com isn’t going anywhere soon.
Ridiculous Matt, given all the nonsense arguments you and your .nyc buddy have been starting lately. (eg yesterday on MorganLinton.com where you launched yet another attack on Rick Schwartz). Don’t come along with your self righteous nonsense.
(BTW I don’t deny that I argue with people all day.)
Snoopy I did LOL a little with your last line. It’s true!
I don’t like to argue, but I also don’t disappear when someone is being rude or mean or is trying to drown out valid questions with insults. I stand up and make my points – everyone is entitled to that.
I have always said that .com is king. .com is the only TLD that’s a real option for investors and that new gTLDs are an option for some end users and for specific campaigns.
I’ve documented my very honest and transparent experience investing in .NYC domains on my site and from your interaction with that I believe that you see the jury is still out on whether long term it will be a success.
Personally, as an investor in .com (as well as other TLDs) it would be careless for me not to keep an eye on what’s happening with new gTLDs and I think most other .com investors would agree it’s prudent to keep an eye on new gTLD news.
Perfect answer
Hostility at the chronically hemorrhaging ntld numbers is understandable.
Attacking the successful, first to the circa 1995-1999 .com trough, folly.
The first to the trough, jealously guard, and rightly so, the .com landscape.
I lament the money lost to the 2014 ICANN fraud, new gtld roll out, but attacking the Rick Schwartz’s of the world is a waste of time.
A better use of time, IMHO, would be to learn from the Rick Schwartz!
new gtlds have been a disaster!
call it!
Rick Schwartz, right now he is in Asheville in the 1st Event only for Domain Investor he has been the organizer.
This person, a pioneer in domains since 1995, currently has a portfolio of 6500 domains (.com) and his business is not to sell domains is to rent ………. from companies, startups, to rent their domains (. com), he himself writes that only sell 35 domains (.com) from $ 100,000 to $ 8,888,888 this last figure with porno.com
Many domain investor invest in gTLD and interesting results, 2 years ago in Auction Namejet only three numbers (.global) $ 50,000 now only $ 8,000.
Like the ancient Egyptians, i think domainers are too in-bred and can’t see the forest for the trees (remember the .mobi frenzy?)
I think the general public thinks dotcom; not .club, .io, etc. And it’s an even greater hurdle if you’re trying to brand a name/product/company so the buying public will remember it.
Better to find a dotcom permutation if you can’t afford the straight-up dotcom name. IMHO
and .TV .CO and CCTLD domain investors aren’t threatened by shit gtlds either and the fact is every one word gtld is really a two word .COM example Home.Loans is really HOMELOANS.COM
Please, let’s not associate low quality cctlds with .com. .TV isn’t doing any better than new tlds.
oh no you cant build a .TV into a huge audience and sell it to Jeff Bezos / Amazon for $970,000,000 – Twitch.TV
Pluto.TV sold for $340,000,000
.TV owners know the value and build out a Streaming Services and retire with hundreds of millions of Dollars
while you sit in your grandmothers basement/watch foxnews and blame everyone else for the rut youre in!
(you are the biggest troll on domaining . com you don’t own any domain names. all you do is troll)
he has been a troll for a long time, .TV is not even the topic of the thread here.
kelly brought up .tv, not me. A developed site could be worth something in any extension, doesn’t mean the domains in that extension have much value.
The best thing ever for dot-com investors?
The new gTLD program. In fact, please bring out some more, and spread even more confusion. Thank you ICANN so much!
The more dot whatever BS the better for dot com.
The more confusion for dot whatever.
Bring them on.
Many of the remaining new tld investors seem obsessed with Rick Schwartz rather than focusing on the reality of the market. Guys it is over, the alt tld experiment has failed, there is now now 20 years of evidence,
.cc -> .ws -> .tv -> .biz -> .info -> new.net -> .us -> .mobi -> .guru -> .club -> .xyz -> .top
The latest Icann batch of new tlds are from 5 years ago. Look at the registrations, the peaked years ago, look at the aftermarket sales, they are down 60% on last year. It is now .io & .ai that people are pinning their hopes on.
.io is beginning to collapse as stories of confusion and upgrades come out and .ai will be after that. The cycle never ends, one failure after another and always a new batch of clueless speculators who think these are the new .com.
Paul .io is not collapsing, a cctld does not do that. Of course if a company gets funding and can afford the .com they will update, like how I wrote about Mondia.io upgrading, not everyone will or can do that. I know you don’t like it, but it’s a big world and many people will use alt extensions. What I believe was off about the article referenced in the post was the suggestion that .com investors are threatened, they are not. That traditional domain press does not report alt sales, that’s a lie, we do it all the time.
.io is little different to .tv, or .me, or .ly.
If people think the extension is “not collapsing” when demand starts to dry up that is fine, but that is how these rebranded cctlds go, there is a long history of it. They are popular for 5-10 years then people move onto the next “trend” alternative to .com. The people stuck on the old extension then have a domain that looks like a time capsule for a particular period on the Internet.
You cannot have it both ways.
Why is .io a little different?
The letters are different, it has all the same problems.
@Snoopy – my mistake, above it seemed as though you were saying .io was slightly more valuable that the others.
I don’t have any .io domains, but I know someone who has bought many (all sub $300 purchases). In the last 4 months he’s sold 3 of them for $12k, $15k and I think the last one was $22k).
I have looked into buying them but have no idea how liquid they are if I had to get out, nor can I value them with much accuracy! Plus it’s not like you can pick up decent 1-worders for sub-$300 anymore.
It is more valuable than the others because it is in vogue at the moment, that won’t last just like it didn’t last for .tv, .me, .ly.
I see no value in other TLD’s, I personally lost $25 000 in the .mobi Hype. buying a premium domain
that nobody want or reconize, i still own it but fck.
i prefer .com because most big brands use it
Damn Pinko Commi New Gtld’s …… avoid !
The personal off topic comments have been removed. Nothing to do with the topic. The published post has nothing to do with the portfolio of commenters or etiquette and virtue signaling others want to infuse. If that’s what your interested in, start a blog or go tweet.
No point to argue. It’s like cars, there is Porsche and there is Volkswagen and both are selling.
The dot com is Porsche, but their is a market for the “rest”
Have a great day domaining