Domain investing is a wacky world
I had a funny email come in from someone who I take it was not born in the 90’s and is disgruntled. It falls in line with some other reader emails over the past few months.
“Congratulations you were alive in the 90’s how much brain power did it take to reg sex.com or porn.com?”
I replied back asking if they were ok? Because I did not register or claim to register either one.
“I’m ok bro, i am tired of all these old hats, boomers as we call them, acting smart because they got domain names in the 90’s, blogs should point out that most of these mf’ers have done nothing for the little guy!!!”
Ah yes the old what have the rich domainers done for the newer or poorer domainers. I think some people have done a lot by sharing info. Rick Schwartz certainly does not need to blog and give insight for free. I also partake in fantasy sports a lot of people at Rick’s level in that gig want to be paid for information.
To the first point many people were alive in the Nineties and of legal age to register domain names and did not. I started registering domain names in 1997 not to be a full time domainer, and to keep it real, when I got an email for domains I owned in 97-98 I did not even know people were selling them.
I honestly dealt with one registrar and did not even know how to initiate a transfer, I bought the domain name FXY.net on the old Afternic, the seller said just initiate a transfer and I was like what is that?
Whenever I speak to a disgruntled younger entrepreneur who tells me they are pissed a hoarder has the name they want. I tell them you were never getting that name. You are 25, you would have been 13 in 2009 and that name would have been long gone.
Don’t get upset. A company not in the business would have owned a great one word name if it was just sitting there for reg fee since in your hypothetical utopia, hoarding is prohibited.
Finding opportunities is more expensive today, competing in the aftermarket is expensive. Someone purchased Q99.com retail for $1,500 in 2013 and with the name expired 8 years later it closed at $20,528.
This can be a very lonely and frustrating business, before emailing rants to strangers, take time to be sure it’s for you.