Archive for July, 2007



Answers.com Buys Dictionary.com For $100 Million

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Answers Corporation buys three generic domains - Dictionary.com, Thesaurus.com and Reference.com - from Lexico Publishing Group LLC for $100 million.

From Search Engine Land:

These properties attracted 11.5 million unique monthly users in the U.S. during the month of June 2007 according to comScore. They generated revenues of $7 million, EBITDA of $2.9 million and net income of $2.8 million in 2006.

This is a business acquisition and not just a domain sale, but it’s still great news for generic domain owners. I believe the sale price would not have been anywhere close to the $100 million had the domains been of lower quality. From the press release:

“Dictionary.com’s success is built on its unique, descriptive domain name and simple, straightforward interface,” explained Bruce D. Smith, Chief Strategic Officer. “According to a Hitwise analysis of 2006 search terms, ‘dictionary’ was the second most popular ‘generic’ search term on the Internet. Lexico’s Web properties clearly are well-known brands that we hope will remain the standard for people looking up definitions online. More than anything, we’re acquiring a solid user base that we believe will provide steady direct traffic and attractive growth.”

One of the greatest benefits of owning a generic domain name is that it receives direct navigation traffic from the get-go and that people exactly know what they are looking for when they type in a generic domain. This is very high-converting traffic and very valuable for every business on the Internet.

Michael Bahlitzanakis launches media company

Long-time domainer Michael Bahlitzanakis launches BPHG Media. Michael owns some great generic domain names, which he has developed or which he is going to turn into full businesses in the future. Michael Bahlitzanakis has partnered with Michael Mann (WashingtonVC) for the launch of SEO.com. Another project of BPHG Media, Weblog.com, is slated for release on August 01, 2007.

BPHG Media is just one of the several media companies which are currently built around quality domain portfolios. Other companies which are busy developing generic domains are Kevin Ham’s Reinvent Technology and Sahar Sarid’s Recall Media Group.

BPHG Media press release:

New York City, NY 7/16/2007 - BP Holdings Group, Inc. an aggregator of premium Internet domain names has just recently re-branded their company as BPHG Media. Michael Bahlitzanakis, interim CEO and co-founder says, “We’re still the same great company, we simply adjusted our name to be more reflective to that of our strategy.”
BPHG Media, as a whole and through partnerships, holds some of the most exclusive Internet assets under development, over 4000 premium generics to be exact (weblog.com, city.com, prices.com, cellphones.com). “Our strategy has never wavered since our inception. We believe long-term value appreciation has always been expressed in the development of individual domain-independent businesses,” states Bahlitzanakis

This summer, BPHG Media is slated to release the long awaited upgrade for WEBLOG.COM. Debuting in Fall-Winter 2007 will be their b2b and b2c file hosting, imaging and archive engine conveniently dubbed FILES.COM.

Guy Kawasaki: Things you should learn in school

Guy is, well, he is a smart guy. Guy Kawasaki has been Apple Macintosh evangelist for years before he founded the venture capital firm Garage Technology Ventures which makes direct investments in technology companies and Internet start-ups. I’ve learned a great deal on Guy’s blog, where, as he says, he wants to empower entrepreneurs. In fact, many of his blog posts teach you more than you could ever learn in school. For example, take his August 2006 blog post “Ten Things to Learn This School Year“:

It seems to me that schools often teach the opposite of what’s necessary for the real world. Perhaps in school people have plenty of time and no money, so long papers, emails, and presentations are not a problem. However, people in the real world have plenty of money (or at least more money) and no time. This is a list of what I wished I learned in school before I graduated.

What follows is a list of ten great advices like “How to explain something in thirty seconds” or “How to write a five-sentence email”. In school they teach you how to write ten-page essays, but what they don’t teach you is how to get all your important arguments into one page or less. It’s always been my opinion that what you learn in school is much more theoretical than it is practical (read: useful).

Therefore, take ten minutes of your time and read Guy’s blog post mentioned above, because it will be ten minutes well-spent.

Link: http://blog.guykawasaki.com/2006/08/ten_things_to_l.html

By the way, also make sure you watch Guy Kawasaki’s “The Art of the Start” speech, which he delivered at the TiECon 2006:
http://video.google.com/videoplay?docid=-3755718939216161559&q=guy+kawasaki&total=147&start=0&num=10&so=0&type=search&plindex=0

10 US Laws Every Domainer Needs to Know

As the title of their article says, the authors of “10 US Laws Every Domainer Needs to Know” have put together a nice list of important laws for domain owners. The article is very well-written and worth the read. Link: http://avivadirectory.com/domain-law/

WADND names new Executive Director

World Association of Domain Name Developers, Inc. names New Executive Director

Boca Raton Florida 7/9/07

The World Association of Domain Name Developers (WADND) has named John Epp Executive Director of Operations administering the company’s operations which includes the domain industry’s premier event, T.R.A.F.F.I.C Conference and Expo, bringing together domain owners and investors from all over the world in an exclusive gathering for education and profit. In his role, Mr. Epp will work with T.R.A.F.F.I.C co founders Rick Schwartz and Howard Neu to define mission critical and strategic planning goals for the growth and success of WADND and the T.R.A.F.F.I.C forums. Mr. Epp brings a wealth of success and accomplishment from multiple industries including the Internet and main stream corporate environments.

“I have known John for 10 years and he brings a set of unique talents to help launch T.R.A.F.F.I.C. into the next phase. His credentials make him qualified to introduce T.R.A.F.F.I.C. and the Domain Industry to other vertical markets and make it a more corporate friendly show.” –Rick Schwartz, President, CEO, Co-founder

“We believe that John Epp is perfect for the position of steering this vibrant and exciting industry forward. His expertise and acumen concerning both the domain channel and the needs of the corporate world will turn the volume of buzz up a notch and serve us well.” –Howard Neu, Secretary and COO of the company.

“I’m excited about joining the Team at WADND. Rick and I have a long history of working together on numerous successful projects and I look forward to making the company and specifically T.R.A.F.F.I.C., a growing and valuable entity to the Domain community. The opportunities for the future of the industry are incredible and I look forward to our continuing to form and grow strategic alliances that will add to the growth and success of the industry as a whole.” -John Epp

Mr. Epp brings 25 years of business management experience to the position and has had a wide range of success in multiple Industries throughout his career. His corporate background includes many years of success as National and Regional Manger positions for Customer Support in both Siemens Ag and IBM corporation. In those positions he has garnered numerous awards for his contributions to both companies. He has been a successful real estate investor growing and founding companies that have controlled Millions in property valuation. He has also been a successful Internet Entrepreneur founding and building a retail aggregate company specializing in behavioral and contextual marketing offering a large affiliate base the ability to garner revenue generated though product up sell opportunities.

The World Association of Domain Name Investors, Inc. is a closely-held Florida corporation with its offices at 1152 North University Drive, Pembroke Pines, FL 33024. It has successfully produced eight T.R.A.F.F.I.C. Conferences and Expos (TargetedTraffic.com) from New York City to Silicon Valley and has instituted, in partnership with Moniker.com, Inc., live domain auctions that have seen in excess of $25,000,000 in domain names changing hands. It presently has T.R.A.F.F.I.C. Conferences scheduled for October 2007 at the Westin Diplomat Resort in Hollywood Beach, Florida and February, 2008, at the beautiful Venetian Hotel and Casino in Las Vegas, Nevada.

Short Break

I have been out of town last week and I will be very busy next week also. Please bear with me. I will be back to regular blogging soon.

Google may not use Gmail.de in Germany

Hamburg entrepreneur Daniel Giersch has won a legal dispute with Google concerning the ”gmail.de” domain name and brand. Giersch has owned the domain since 2000, which predates Google’s Gmail brand. Google’s freemail service has been called Googlemail in Germany for a long time, because they have not been allowed to use the “Gmail” name. Giersch operates an email and postal mail service under gmail.de and he also owns the trademark for “Gmail” in Germany.

Google wants to use this domain for their own German email service, but I guess Google will now have to make a very high offer for this domain name if they want to become its new owner, because Daniel Giersch does not really want to sell it:

“I have made it clear since the beginning that I will never sell the name. It is my sole intention to realise my idea for a hybrid mail system. I am absolutely convinced of its success. Neither “G-mail” nor myself are for sale.”

NameMedia/dnZoom Partnership

NameMedia and dnZoom Announce Strategic Marketing Partnership

dnZoom to Integrate Afternic’s Domain Listing Service (DLS) Premium Domains Into Domain Resale and Portfolio Management Platform

WALTHAM, Mass.–(BUSINESS WIRE)–NameMedia today announced a strategic marketing partnership with dnZoom, a newly-launched domain management and monetization platform. dnZoom’s domain name management platform allows users to purchase, monetize and manage domain portfolios through a single, secure interface incorporating features which encompass a variety of domain industry solutions.

The partnership further expands NameMedia’s global domain resale distribution network by allowing Afternic members to list domains for sale via dnZoom’s website. NameMedia was recently recognized as the world’s largest secondary domain marketplace by The Domain Name Journal. In addition to the company’s domain sales platforms Afternic, BuyDomains and 56 global resale distribution partners, NameMedia offers industry leading parking through ActiveAudience and extensive domain management support services.”We are pleased to partner with dnZoom and believe that our Afternic membership will benefit with greater domain sales success through access to dnZoom’s targeted customer base,” said Peter Lamson, senior vice president and general manager of NameMedia’s domain marketplace. “Our partnership will provide dnZoom customers with the ability to purchase domains from the industry’s leading marketplace via the dnZoom portfolio management platform.”

“As the domain industry’s leading reseller and portfolio holder, it was critical to partner with NameMedia,” said Jeremy Christ, CEO of dnZoom. “NameMedia offers a greater breadth of quality than any other company in the domain secondary market. This is a great win for dnZoom’s customers.”

iPhone.com sold for seven figures

Jay Westerdal reports that iPhone.com has been sold to Apple by Michael Kovatch for a price in the seven-figure range. Mr. Kovatch had registered the domain back in 1995, well before Apple registered the iPhone trademark.

Details can be found on Jay’s blog at DomainTools.com.

Interview with Rick Schwartz

Brett Tabke of WebmasterWorld interviewed Rick Schwartz about domain parking, live domain auctions, the .cm ccTLD, web traffic and other domain-related subjects.