4 ms·
"It appears they are basing prices on what firms can afford not on the product services they are providing." Which would be sales 101: price your product or se
by basseq 11y ago
"It appears they are basing prices on what firms can afford not on the product services they are providing."
Which would be sales 101: price your product or service to the value it will create. (Look at any "freelance rate" discussion on HN, and you'll find a comment about charging by the project vs. by the hour.)
If Apple is willing to pay $25k for apple.sucks, hey—that's the market rate.
Yes, it's a little predatory. But 1) predatory domain transactions haven't been punished to date (e.g., squatting, expiration sniping, etc.) and 2) welcome to the new world of gTLDs.
Here's a thought experiment: pretend it's .rocks we're talking about. Let's say Apple will pay $25k for apple.rocks. Why the hell wouldn't I have a smart pricing algorithm that takes demand into account, as opposed to selling in a FIFO fashion?
- 0x0 11y agoDomain names only work as long as everyone uses the same roots. It's pretty crazy that whoever are trusted to tend the global registries make a killer profit way above the cost to maintain the systems, especially by creating new subtrees that nobody asked for. Imagine if enough DNS operators get fed up with these shenanigans and establish a properly run root. Alternate roots used to be considered loopy and fringe, but the way things have been run with the new tlds, maybe there's not such a big difference left anymore...