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by Fred Grott.
Original Post: Other Indy Domain Name Speculator STart-Up Busienss Strategies Follies
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In early 2002 a study was completed showing how perilous the Indy Domain Name Speculator's strategy was in avoiding domain name challenges and is here. It lists the major reason for bad registrations being 'weeded' out as the costs of fighting such a claim during arbitration.
The main conclusion:
The conclusion we draw: the DNS land rush is over. The economic gains that can be
achieved through systematic cyber-squatting or name speculation are diminishing, as
fewer users rely on guessing domain names to navigate. The value of holding any given
domain name is being reduced as the Internet grows, its users mature, search engines and
portals improve, new top-level domains are added, and country code top-level domains
(TLDs) grow relative to generic TLDs
In other words the only way to save this Indy Domain Name Speculator Start-Up is to reduce down to 40 domain names , get web database driven application development skills, and actually bring a high tech product/service web application to market. An ignorant unexperienced CEO would ignore that things have changed since 1998-2002 and continue to believe that Domain Name Specualtion actually works as a business model in 2006.
Of course the CEO of this start-up could say correct my over stated 1099s, pay the debt owed, and financially apologize to me fro all the fraud and deception sent my way and than maybe the CEO could actually be trained in web database driven application development as it is not taught in college and demands training from real experienced developers.
Domain Names are no longer working as global keywords and it is time to wake up to the fact that the market has changed and of course I did upon learning that this start-up was in domain name speculation in fall of 2001 to change strategies. Now, it is $1.5 Million in losses later and still no CEO iniatives or projects succeeding.
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