The other day I described how the otherwise likable Bido upset me, by allowing the owner of a domain to list it on GoDaddy's TDNAM as well. By doing so, both Bido and the seller essentially lost a good chunk of money; I did not bid even close to my allocated budget for the domain name, which … [Read more...]
Bido: Double-dipping the domain auctions
Imagine bidding on an item on eBay and winning it, only to be told that it was sold on Craigslist. Essentially, you're disclosing your bidding intentions to an unscrupulous seller that does not honor the policies of auction venues. This is the type of unethical behavior that ticks me off fully, … [Read more...]
Selective investment is the key
More than a decade ago, I registered hundreds of three-character .com domains, then flipped them for a quick profit. The market soon got saturated, and while these LLN or LNN combinations - poor man's LLL .com's - still continue to be snapped, there is no end user market for them. The same … [Read more...]
Currently, Marc Zuckerberg feels like a Greek
The Facebook IPO, its woes and consequent downgrading by the underwriters, reminded me of exactly how the financial markets have treated Greece. When the financial crisis broke out at the end of 2009, those at Goldman Sachs quickly turned around and speculated against the very country they helped … [Read more...]
BuyDomains and UDRPs: Not really a surprise
BuyDomains was served with a third UDRP in a week, according to Mike Berkens at TheDomains. I'm not in the least surprised and I'll explain why. It's a game of numbers. It's pure statistics at work: the more domains one owns - assuming that they are spread naturally and are not intentional, … [Read more...]
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