4 ms·

Regardless of the actual product, I can't help but think the $495 dollars he spent purchasing a domain name would have been better spent by picking an available

by mox1 12y ago

Regardless of the actual product, I can't help but think the $495 dollars he spent purchasing a domain name would have been better spent by picking an available domain name (..what $20) and putting the other $475 into Google Adwords , SEO, etc. It's just a name, if your idea is really that great, just make up a verbish type name that doesn't exist and use it.

joelrunyon 12y ago
$470 isn't going to buy you much "SEO" - certainly nothing that will move the needle.
- hagbardgroup 12y ago
  Similarly, it's nothing more than a test campaign's worth of ad groups on Adwords. It'll barely buy an 1/8th page ad on a random day of a local newspaper. $500 also doesn't pay for a professional naming service. That can cost upwards of $10k, sometimes much more because it gets bid up by people like P&G who need new names all the time. You can always rename and buy a better domain when you become successful enough to afford it.
- lgas 12y ago
  What's the minimum amount of money you can spend that will move the needle?
snide 12y ago
From my experience, a domain isn't everything, but it's likely the most important thing outside of your actual product and engineering talent. A name goes a long way and it's always worth paying for.
spencerfry 12y ago
Author here. I think Fred Wilson said it best back in 2011: "I believe that a good domain name is an important success factor in building and launching consumer web services. It's not in my top ten but it could be. It's certainly something we think about a lot when making investments and working with companies post investment." Check out his article to read his reasoning. http://avc.com/2011/04/finding-and-buying-a-domain-name/ http://avc.com/2011/04/finding-and-buying-a-domain-name/
- spencerfry 12y ago
  P.S. The best article I've ever read on getting a domain name is the top comment of that post by "Guest".
  - larrys 12y ago
    One problem with reading a post on domains and trying to then buy one is that you are doing it one or three times perhaps but the person who is selling has done it thousands of times and in general (if they own large quantities of domains) will run circles around you. This is an example of where a bit of knowledge can be dangerous.
josefresco 12y ago
Dude spent thousands of dollars in his own time (and donated friend time) spent researching and deciding on his domain. $500 pales in caparison to the effort he put in. I'm not saying either was worth it, only that the price for the domain is small compared with the overall cost.

by mox1 12y ago

joelrunyon 12y ago

$470 isn't going to buy you much "SEO" - certainly nothing that will move the needle.

hagbardgroup 12y ago
Similarly, it's nothing more than a test campaign's worth of ad groups on Adwords. It'll barely buy an 1/8th page ad on a random day of a local newspaper. $500 also doesn't pay for a professional naming service. That can cost upwards of $10k, sometimes much more because it gets bid up by people like P&G who need new names all the time. You can always rename and buy a better domain when you become successful enough to afford it.
lgas 12y ago
What's the minimum amount of money you can spend that will move the needle?

snide 12y ago

From my experience, a domain isn't everything, but it's likely the most important thing outside of your actual product and engineering talent. A name goes a long way and it's always worth paying for.

spencerfry 12y ago

Author here. I think Fred Wilson said it best back in 2011: "I believe that a good domain name is an important success factor in building and launching consumer web services. It's not in my top ten but it could be. It's certainly something we think about a lot when making investments and working with companies post investment." Check out his article to read his reasoning. http://avc.com/2011/04/finding-and-buying-a-domain-name/ http://avc.com/2011/04/finding-and-buying-a-domain-name/

spencerfry 12y ago
P.S. The best article I've ever read on getting a domain name is the top comment of that post by "Guest".
- larrys 12y ago
  One problem with reading a post on domains and trying to then buy one is that you are doing it one or three times perhaps but the person who is selling has done it thousands of times and in general (if they own large quantities of domains) will run circles around you. This is an example of where a bit of knowledge can be dangerous.

josefresco 12y ago

Dude spent thousands of dollars in his own time (and donated friend time) spent researching and deciding on his domain. $500 pales in caparison to the effort he put in. I'm not saying either was worth it, only that the price for the domain is small compared with the overall cost.