SAN FRANCISCO, CA - It was revealed this week that “chat.com” was purchased by San Francisco, California-based artificial intelligence (AI) research organization OpenAI for over $15 million, marking the third time the domain has changed hands in just two years. HubSpot founder Dharmesh Shah originally purchased Chat.com last year for $15.5 million; he then flipped it for an unspecified amount reported to be “well over $15 million” – with the entrepreneur writing at the … [Read more...]
Mega Domain “NewYork.com” Has New Property Manager After Reported Sale
WEST PALM BEACH, FL - In 2019, I put a spotlight on mega domain and website NewYork.com, virtually disappearing into thin air after its owners fell into a complex legal dispute which pushed the business to its breaking point after years of litigation. At that time, I remember being shocked that a dispute could not be resolved to the point where the entire business would collapse, and virtually vanish, but for whatever reason that’s what happened. Now, approximately … [Read more...]
ICA Releases Names of Nominees for 2020 Industry Coveted “Lonnie Borck” Award
PALM BEACH, FL – The Internet Commerce Association, or known industry wide simply as “The ICA”, a Washington, DC based non-profit trade organization that represents the interests of domain name investors and developers, has released the list of nominees for the 2020 “Lonnie Borck Memorial Award.” The nine nominees cover a wide array of domain community members ranging from domain attorneys to industry bloggers and conference organizers. The ICA Board will select the … [Read more...]
NYT Highlights Sealed Auction of Domain “Democracy.com” Via Heritage Auctions
UPDATE 11/4/2019: Auction for Domain Name “Democracy.com” Extended to November 7th Closing PALM BEACH, FL – What could possibly be better than being the auctioneer of a generic, super premium .com domain name like Democracy.com? Having that same opportunity with it being covered by the New York Times. That’s what’s happening with Democracy.com, a super premium generic domain name which is being offered for sale in a sealed bidding contest held by Heritage Auctions, … [Read more...]
Entrepreneurial Inspiration: Jeff Bezos, Amazon and Earth’s “Blue Origin”
NEW YORK, NY - Jeff Bezos, the guy who built and envisioned Amazon, the largest and most successful online only shopping site, isn’t much different than your average entrepreneur. He was raised in Houston Texas, is a child of divorce, was later adopted, worked at McDonald's as a young boy and went on to attend Princeton University where he graduated with a 4.2 grade point average. He is very much human - and - certainly a hard worker. Bezos held several good jobs after … [Read more...]
Backlink Scandal for Major Web Publishers Puts Contributor Content in Crosshairs
NEW YORK, NY – Online content will likely become more expensive for several major media companies as a new scandal has to come to light which involves highly influential marketers planting articles and mentions within stories appearing on major publications, such as Forbes, Entrepreneur, Time, TechCrunch, and even sites such as the Wall Street Journal. This is how critical back-links have become over the last few years; that an actual “scandal” can be created by … [Read more...]
The 472 Domain Names That Couldn’t Stop The Inevitable Collapse of ‘Toys R Us’
NEW YORK, NY - Toys R Us is a brand we’ve all grown up with. The company was originally founded by Charles P. Lazarus (October 5, 1923 - March 22, 2018), the son of a local entrepreneur who wished to someday mimic his father’s work with his own enterprise. Those dreams became a reality in 1948 when young Charles, 25, opened his first children’s furniture store called “Children’s Bargain Town” in Washington, D.C. After years of early success, Lazarus added toys and changed … [Read more...]
The Politics of Facebook: Zuckerberg to Testify Before Congressional Lawmakers
NEW YORK – You have to admit that it an amazing time in history when a computer programming entrepreneur must face the United States Government due to his innovative social network becoming one of the most powerful influencer tools in the World. Beginning tomorrow, Tuesday April 10, 2018, Facebook Chairman and Chief Executive Officer Marc Zuckerberg will testify before lawmakers in what is expected to be a two-day heavy-hitter grilling on the very serious privacy and … [Read more...]
Internet Veteran, Nat Cohen Discusses His Experience and the ICA with NamePros
NEW YORK, NY – Nat Cohen, an Internet entrepreneur who began his 20+ year journey in domain investing back in 1997, sat with popular domain name forum NamePros.com in a video interview conducted by domaining community speaker and moderator Braden Pollack which took place at the industry’s largest event, NamesCon in Las Vegas this past January. Worth mentioning, over 1,400 people from all around the globe gathered at this year’s event. In the interview, Nat goes into great … [Read more...]
Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?
NEW YORK, NY – You may have heard the news that a tremendous transaction recently took place. According to TNT Names, Donuts recently sold www.home.loans for $500,000.00. Wow, I missed the boat for sure. I just let Find.cars drop, crash and burn and lost $10,000.00 to count my chips and walk-away. I probably could have sold it for half-a-million dollars in CASH, or could I? What a mistake that was. Or was it? Considering the fact that this deal reflects the largest … [Read more...]
Greatest Benefits of New gTLDs is PR, Temporary “Buzz Factor” “Link Equity”
NEW YORK, NY – A long time ago, say, 8-10 years ago, to effectively market a website on the Internet you needed to know how to do some very basic SEO (Search Engine Optimization) and you needed to acquire lots of inbound links to your site – from just about anywhere you could find them, and when you understood this and utilized it, you could reap tremendous reward from search engine traffic. This is because if you simply acquired or purchased enough inbound links to your … [Read more...]
Verisign Still Pushing Hard on .Net Domains; Sales Remain Active; New IDN for Korea
NEW YORK, NY - While at NamesCon, I noticed a television commercial for the .net domain extension pushing it as a leading “trusted extension” and touting its long standing history in the domain space; the .net domain name was created on the same day as the .com in January 1985. (I’m pretty sure the video was part of Verisign’s “Uncommonly Timeless” collection of .net marketing pieces - it looked like one of these on YouTube [one is below].) According to Verisign, the … [Read more...]
Entrepreneurial Thinkers: Registering Your Own Trademark; Without Hiring a Lawyer
Many business owners and entrepreneurial thinkers would probably like to register a trademark but they think it’s too expensive or that you have to hire a few lawyers to get it done. Not so. Registering your own trademark is fairly easy to do provided you know a little about, well, what you want the trademark to be – That’s it. The process is easier than you might think. Now the office for Trademarks is the same office where you would file a patent, a much more complicated … [Read more...]