Are you sitting on a domain name or two (or three), just waiting for the right opportunity to cash in? I wouldn’t call myself a speculator … I’m more of a collector, with more domain names than I need. I’ve been thinking about unloading a few. Over the past few weeks, I’ve spoken to representatives from a number of firms that run domain name auctions.
The Mercury News has an interesting article on the “Cyberspace land grab” today. The lead paragraph is enticing …
You might not think of generic Internet addresses like Carbs.com as the beachfront property of the Web, but plenty of financial heavy-hitters do, and they’re snapping up such real estate — fast.
The article goes on to talk about the companies that are changing the space … publicly traded domain name pioneer Marchex; Internet REIT (with over 400,000 domain names); Demand Media (with a whopping $220 million in start up money); and the Internet Real Estate Group (currently in the process of raising a mere $110 million).
I’m not sure if I want to put my little set of domain names (over-the-counter.com, over-the-counter.net, and over-the-counter.org) up for public auction. I briefly considered going the eBay route, but after seeing the junky assortment of domain names on eBay at any given moment, I quickly decided to pass.
Needless to say, I’ve learned not to blurt out my great domain name ideas in public places. But if anyone from Marchex, Internet REIT, Demand Media, or the Internet Real Estate Group wants to contact me about my little trifecta (or to talk about a future article), I’m all ears, baby …
[tags]domain name registration, domain name auction[/tags]