Domain Magnate

A great post from Lord:

This is My True Story

There was a time when I was extremely frustrated with my domaining business. I was seeing people sell domains for hundreds of thousands of dollars and yet I had so many domains which no one was willing to pay even registration fee for, let aside thousands. What was worse was that I was not making much money in parking either.

Whenever I saw the domain-sales charts I would cringe. What was I doing wrong? Was there a fault in my investment strategy? I had to do something about it or simply get out of domaining business. It was a do-or-die situation for me.

There is another thing — I hate failing.

So, I sat-back to take a rational look at my investment strategy and find out what was wrong with it. And very soon I did. read more »

Last Premium LLLL.net’s were bought out on Feb,5 2007 - 3 days ago. Now you can already see threads on namepros selling these for $20-25 each and some are getting purchased. It’s pretty obvious that these will grow in price and based on past LLL.net growth and LLLL.com quick rise to power, I predict the premium LLLL.net’s to have a minimum price of $50-100 by the end of the year - not a bad return for those who bought them for $5 each. I bought 400 premium LLLL.net’s myself, could have bought many more, but I figured I’d better keep these and renew them next year if needed as I’m mostly concentrating on LLLL.com’s now.

That comes to show the enormous leverage of a buyout. LLLL.com domains that were available 4 months ago are now selling for $60-70 and will continue to grow at high rates while new players enter the market and boost the prices by buying the 4 letter names in large quantities. At some point, several months from now, the prices will stabilize and continue growing at more regular rates close, but still higher than the LLL.com’s do now. Although the biggest winners will be the ones who originally registered the domains and had enough patience for the prices to grow to turn their $7 registration fee domains into $100+ domains.

All the decent cvcv.net/vcvc.net seem to be taken as well and have certain reseller value. People are also buying all good LLLL.net’s now inspired by the LLLL.com’s, but I think many of them will be disappointed because there are about 220K LLLL.net’s remaining. And unless a name belongs to a special category which was already bought out, like premium LLLL.net’s, or cvcv.net etc, it won’t have reseller value.A domain that looks “cool” to one person can be total garbage for rest, that’s why the safe way is always to buy domains that are supposed to run out soon. It’ll take years till we see the last of LLLL.net’s purchased, my prediction is 5 years or more - so don’t get too excited about these. There are more profitable opportunities around the corner