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I Got Milk.com
- codegladiator 6y agoWhy is this being up voted ?
- iso1210 6y agoGood for him. milk.com was registered back in July 94, same month amazon was created. I suspect that many people have attempted to get control over it via naferious means in the past, however I also get the feeling the value of domain names has decreased since the early 00s -- how many normal people still type in domain names, rather than typing in "milk" and clicking the first result.
- sfusato 6y agoCheck Dan's responses to emails he received over the years. Hilarious! http://milk.com/experiments/ http://milk.com/experiments/
- underyx 6y agoWay to really milk ownership of the domain.
- ksaj 6y agoAt first I thought this was a Reddit-style pun response, but then I read the linked page. I read it to mean "Yea, I really want to sell it, but it's going to be costly. Otherwise I'm happy to sit on it until a satisfactory offer comes around." Of course, there's nothing wrong with that at all. The page states that research has been done, and there is a perceived value that as of yet hasn't been offered. The domain owner is clearly uninterested in haggling - give the right offer, or no deal.
- danfuzz 6y agoFWIW I don't think he actually ever intends to or expects to sell.
- oao 6y agoI would be willing to bet a very large amount of money that this is the case.
- Gibbon1 6y agoI have a couple of friends who own various single word or three letter domain names. They universally say that companies attempting to buy their domains tend offer seriously not life changing amounts of money and often resort to threats when rejected. Consider what if Land o Lakes owned milk.com and you demanded they sell it to you for $5k? Bwhahaahahaha!
- ksaj 6y ago> not life changing amounts of money I don't know how high the offers can go these days. But then again, we're not exactly in the dot-com bubble anymore. In 2001 I bet it could have attracted life changing amounts.
- Gibbon1 6y agoThe most a friend of mine got offered for a four letter com domain during the dot com years was $5k. He said he would have sold it for $15k. I checked he still has it.
- tga 6y agoDid anyone ever come up with a workable method of preventing this kind of rent seeking that plagues domain names? The best scalable and impartial methods that I’ve seen mentioned were high renewal prices and limits on the number of domains one could own, but I get the feeling neither one would work when there is even a remote chance of extracting >$10M in the end. Given the current system it’s hard to blame him either — I don’t know whether I would find the altruism to let such a domain expire.
- sliken 6y agoBest thing to do would be to charge Joe Random the same rate (on the order of $10 per domain per year) as the company wanting to buy millions of domains. That way it's much less profitable to camp on domains. Currently companies can get domains for pennies, so they camp on millions, hoping to find some sucker to pay top $.
- danfuzz 6y agoWhat "rent" is he seeking?
- tga 6y ago"In public choice theory, as well as in economics, rent-seeking means seeking to increase one's share of existing wealth without creating new wealth." https://en.wikipedia.org/wiki/Rent-seeking https://en.wikipedia.org/wiki/Rent-seeking
- danfuzz 6y agoI didn't ask for a definition. In what way does that apply to milk.com? Is the owner seeking to get wealthy from it? And if so, is he also somehow failing to create sufficient wealth in the process? What should he be doing differently right now to not fall on the wrong side of the line?
- tga 6y agoHe (like most domain squatters) is blocking milk.com from being used for a practical purpose (from what I can tell), hoping to get $10M+ for no other reason than being the first to register it. He is definitely not creating any wealth in the process.
- rognjen 6y agoThis gets posted every few months. Every time I wonder how it's not been taken away for squatting. I wonder if (or rather how often) he's had to go to court. Nissan.com has been the target of a few attacks if I recall correctly and is arguably less valuable and much more defensible (since the person who owns it is actually called Nissan).
- danfuzz 6y agoIn what way is this site "squatting?" I'm no lawyer, but I'm pretty sure you can't get a trademark on simple English words like "milk."
- finnthehuman 6y agoBecause it's not squatting. As the owner of a few interesting domain names, why does everyone think that unless the landing webpage is a fucking advertisement that I have no legitimate claim to a domain? It's exactly backwards. Say I want a domain to use for my primary email address, but it's currently owned by a business with thousands of domains, and is one of a dozen domains dedicated to a tertiary brand nobody has ever given a single fuck about. I should be able to file AND WIN a UDRP claim that just says 'they're not doing anything valuable with this, but I have a clever pun I want to make into an email address.' And the absolute balls of people to get mad at me when I politely decline their insultingly low offers. I totally understand why the milk.com owner wrote this page.
- Shorn 6y agoDomain name registration related shenanigans is so weird to me. Lately I've been getting mail from various folks notifying me that the `.com` equivalent of one of my `.net` domains is going to be available. It's weird to me that it would be worth doing, but I'm assuming they're making money out of it.