3 ms·

It’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

It’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 ago
I’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 ago
  Leasing 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]

throwawaycities 2y ago

I’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 ago
Leasing 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]