[ih] Funny how things work out
johnl at iecc.com
Tue Feb 2 12:42:38 PST 2021
In article <29eb9ac9-036c-2e15-ee9f-4696d9b0c76c at 3kitty.org> you write:
>WHY are people making decisions to spend, and continue to spend,
>"millions of dollars" on something so "wasteful". Do they not
>understand the situation? Or are they getting some kind of benefit
>that we (I at least) don't see (perhaps "bragging rights" as an owner of
>an "important" DNS name)? Or do we not understand that such "waste" is
There's a couple of different questions there.
If you're asking about vanity (.brand) domains, I think Woody covered
it pretty well. I don't think they're good for the Internet but it's
easy to see why a large enough organization would think it worth $400K
or whatever to avoid depending on third party registries and
I no longer even try to understand the economics of domain
speculation. About 20 years ago, some guy in Australia bought
gurus.com from my sister and me for $25K. It's been parked ever since.
Maybe they're hoping for some greater fool to come along, but it's
been a long wait. It's hard to imagine that whatever click revenue the
parking site gets has made a dent in $25K.
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