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I've made a living buying and selling domain names and 100$ is a fine price in many cases. I've had days where I've registered 100+ names... if I could get dec
by ohashi 16y ago
I've made a living buying and selling domain names and 100$ is a fine price in many cases. I've had days where I've registered 100+ names... if I could get decent liquidity at $100/each, I would be a happy man.
Anyways, about the idea, one of two outcomes is possible:
1. If they domain is worth more than threshold, someone will buy it and take advantage. I don't see a difference of a startup benefiting versus someone else reselling it. the difference in value is still being captured.
2. Garbage names, nobody cares and the site dies.
I know I am not the only domain investor reading HN and if there is quality, someone will buy them.
- Jake541 16y agoIsn't this squatting? Correct me if I'm wrong.
- ohashi 16y agoSquatting is infringing other people's trademarks. If I bought micros0ft.com and covered it in software ads, that would be squatting. If I bought hotels.com and planned to sell it for money to a big hotel chain or something, I've not infringed anyone's rights. Generic/descriptive names are normally OK. of course if there is a company using the generic for a non-generic purpose and I grab a typo/another extension and use their non-descriptive purpose, that is also squatting. For example, if I owned amazon.net and tried to sell books that would infringe on amazon. Or if I bought apple.net and sold computers. However, if I advertised amazon rain forest trips or sold apples that would be ok (not squatting). Of course, lots of money and lawyers can change what is and isn't right (checkout nissan.com)