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Back in the day I read that a lot of the desirable domains used by startups are leased, it would be interesting learn more how that part of the industry actuall
by throwawaycities 2y ago
Back in the day I read that a lot of the desirable domains used by startups are leased, it would be interesting learn more how that part of the industry actually works.
- SoftTalker 2y agoIt's good to be very careful about what you do with your email account at such a place. Most companies are tolerant of some incidental personal use of your work email address, but just remember that whoever gets control of the domain later will also receive all "your" email. So if you're using it as a recovery address for any personal online services, they will now have that. Best policy is to use work email addresses strictly for work, even if they are OK with some personal use. This is true even if it's your own business. Are you going to want to pay for that domain forever? If not, keep it separate from your personal email.
- brudgers 2y agoIt’s not an industry. It is an ordinary business practice that makes suing a company less attractive and less lucrative when successful. Bob controls Acme.LLC and sets up Assets LLC. Assets LLC buys acmellc.com and leases it to Acme LLC for $1,000,000/year. Acme LLC now has less cash assets and no valuable domain name asset to loose in court. In addition there’s a $1,000,000 less net revenue to be distributed as profits among non-controlling Acme LLC shareholders and all that money went to Bob. Setting up holding companies has been ordinary for many decades and is easy to do. It’s a practice not an industry.
- throwawaycities 2y agoI’m very familiar with IP/asset holding companies, but I am referring to an actual practice within the “domain industry” of leasing domains which is common and not just with high value domains (6-7 figures) but even with 5 figure domains. Within the domain industry “leasing” is a little misleading because these are typically more like “rent to buy” deals where the original owner continues to retain maintain ownership until the leasee makes the final payment.
- brudgers 2y agoLeasing is leasing. Domains and desks are not very different from the supply side. My advice is attend a domain leasing industry conference should such a thing exist. My apologies for previously taking your question at face value and bothering to answer. I did not intend to bruise anyone’s ego.
- throwawaycities 2y ago> My apologies for previously taking your question at face value and bothering to answer. That’s a weird response on account I didn’t ask a question, you apparently replied to my comment answering a question that never existed. > I did no intend to bruise anyone’s ego. Far from it, I am a corporate transactional attorney that structures holding companies and drafts the licensing agreements you were attempting to mansplain as you confused that with the practice of domain leasing. Good luck to you.
- deleted 2y ago[deleted]