Comments on: Why build on a category killer generic domain?

By: Scott

Scott — Wed, 19 Mar 2008 12:13:45 +0000

Very valid point Mike, I’m probably guilty of not considering that enough due to the fatc I have never been invlolved in such cases, thankfully I develop rather than park so should have that in my favour but it’s always a risk in this business.

By: Mike

Mike — Wed, 19 Mar 2008 11:15:50 +0000

One thing to consider on buying premium generic domains Scott, is that in buying these type of domains you’re potentially opening yourself up to legal challenges. If you’re spending five or six figures on a domain and a large corporation takes a shine to your shiny new generic domain, they can make things difficult via UDRP, or DRS proceedings (even if the challenges aren’t perceived to be credible - there are lots of odd arbitration decisions out there) whereas this isn’t the case if you buy a non-generic domain that you can essentially brand to be yours and only yours…

By: Jav

Jav — Wed, 19 Mar 2008 00:35:18 +0000

We always loose opportunities because we do not know what is going to happen. The important thing is to learn from it and I think you have done quite a good job at it.

By: Mikael

Mikael — Fri, 07 Mar 2008 07:16:06 +0000

I understand Scott. You can’t have them all and some will have to go. If I had know what I know now I would have bought a lot more property and land. If I could go just one week back in time I would go for the correct lottery numbers *LOL*

I guess we’ll just have to look forward

By: Justin Cook

Justin Cook — Thu, 06 Mar 2008 12:45:04 +0000

Yeah, I’ve thought often about this. I have a number of domains I would love to go back and snag. Good ol’ hindsight

By: Scott

Scott — Thu, 06 Mar 2008 11:16:45 +0000

I am letting this one go Mikael but on another one I am buying I am borrowing interest free in the short term - buying one today for $12000 which will go on a credit card and then transfer the balance to another card (interest free) while I clear it over the next 6 months.

By: Matthew

Matthew — Thu, 06 Mar 2008 11:16:03 +0000

I was about to write the exact same comment

By: Adam Dempsey

Adam Dempsey — Thu, 06 Mar 2008 11:14:50 +0000

There are a few things I wish I had/hadn’t done online over the last few years, but I suppose we live and learn!

By: Mikael

Mikael — Thu, 06 Mar 2008 11:12:26 +0000

But Scott, I can’t help thinking that you said you didn’t have 20K back in 2006 and now the price is up 150%.

Again you are saying you don’t have the 50K, but what if you will write a similar post in 2010 where you see that the domain is up another 150%?

I know it is a lot of money so don’t get me wrong. But waiting will never get you anywhere and I’m sure you have the skills to increase the value more than the 150% if you wanted to.