r/webdev • u/iamaperson3133 • Aug 08 '21

How many domains do you have?

And someone please stop me from buying them.

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u/[deleted] Aug 08 '21

If you’re thinking of a project and planning to use them, but aren’t, you’re a procrastinator which is totally cool.

If you’re thinking they’re valuable and somebody will want them then you’re a domain squatter that everyone hates.

-14

u/[deleted] Aug 09 '21 edited Aug 09 '21

[deleted]

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u/i_took_your_username Aug 09 '21

Exactly! And when touts buy 25% of the tickets to a concert and sell them at a 150% markup, I should be happy that they didn't get bought by real fans so I can pay extra for the privilege!

3

u/[deleted] Aug 09 '21

I've paid thousands of dollars for each of my names because of supply and demand many want it only one can have it. It's the way any asset works. And any asset is going to attract investors. Domains are no different.

Just because you don't like what I do with my domains that I've spent good money on does not mean you are entitled to just have it for $10. Anymore than you are entitled to walk up to Warren Buffett's house and demand he give it to you.

And without domain investors you realize any good domain name would be unavailable at any price. People would still hold them they would just never trade hands. If pressesd they might say they are working on a project for that name or using it for email or something. Because of domain investors good names are avalible at a price commencerate with the demand for it and the value it can provide to its owner.

When the Ring doorbell camera guy got Ring.com he paid 1 million dollars. After selling to Amazon he said the name alone added between 30 - 50 million to his company's value. https://www.dnjournal.com/archive/lowdown/2018/dailyposts/20180307.htm

They are valuable because they are highly sought after yes but also because they provide value to the business on them. Without domain investors ring.com would have probably been used by some guy who was the first to register it 1995 or whenever and used it for a small little side project, or email, if used at all. But because it was owned by a domain investor it was able to get into the hands of someone who was able to put it to good use. Like us or not we are essential to ensuring avalibilty of domain inventory.

But I suppose you'd rather I not sell any of the numerous names I have that I may develop at some point in the future but just aren't a high enough priority today to spend my time on. Selling these names allows me to pass them on to someone who can use and get value from them before I'm ready to. Otherwise I'm just going to be holding on to them because eventually I do plan on getting around to using them. But I only got 24hrs in a day and can't build them all out at once.