(Click arrow to play audio clip) Domains-SEO-Micro-Mini-Sites.

Takeaways: People who know startups know domains well enough to have an idea of what you paid for it.
Save countless dollars and hours in branding/advertising costs by buying an easy-to-remember domain.
Some registrars (In this case Moniker) will finance your domain acquisition. If you’re not getting traction you can default on the purchase and only be out the down payment.

(Click arrow to hear clip) How We Acquired Groupon.com

Danny calls the owner of BlankLabel.com both a ‘squatter’ and an investor. Using the real estate analogy, a squatter would be someone living in a house someone else actually owns. The person who owned the house might be a ‘slum lord’ but nevertheless, anyone can see he’s holding the property as an investment.  So sure, in my opinion, the guy who registers Gooogle.com would be a squatter- looking to profit from someone else’s property, but the guy who owns BlankLabel.com (and 29,000 other dot coms) is an investor. The problem seems to be that when people’s passions around building a business are involved, they lose sight of the fact that domain names are simply another product a market grew up around. That some domains are available at registration price somehow allows people to imagine buying the domain they want at that price. Well, you can get a house in Detroit for next to nothing! It might have all the pipes and wiring ripped out, but the city is giving them away in hopes people will move in. That doesn’t make anyone think the house in Beverly Hills should be free does it?

(Click the arrow to hear the clip) Is a Hyphen Worth $15k?

PS $15k seems like a lot, but it’s all relative. IMO it would be worth maxing out a few credit cards or doing another round of friends and family to get the domain.

Interesting to see the domain market getting some mainstream exposure.

For a fraction of what you’d pay one of the established branding firms I am happy to help you name your company.
Best part is it won’t cost you anything if you don’t like the name!
Here’s how it works…
I interview you about your business and the sort of names you like.
I research and brainstorm.
I purchase three available domains I feel best suited to your company.
If I’ve found something you like, you’re happy to pay me my consulting fee. You get the domain.
If I’ve not found anything you like, we part ways and it didn’t cost you a dime. That simple.
Even if you already have a name for your company, maybe I can do better.
Drop me a line and let’s talk.

Mark Suster is a 2x entrepreneur turned Venture Capitalist. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. He is also the host of This Week In Venture Capital, a new show on Jason Calacanis’s ThisWeekIn.com network of web shows. In the chat room recently I had the opportunity to post a question both he and his guest, fellow VC, David Travers spent a few minutes answering.

(Click arrow to play audio clip) Naming your company.

1. Choose a name that doesn’t box you into a corner. (i.e. As a startup your focus may change over time.)
2. Make sure your website matches your company name.
3. Is your name pronounceable in other languages.
4. Don’t pick a name that sounds like bunch of other companies, ie. don’t use the word ‘blue’ or ‘labs’ or ’360′. (Or a word that ends with ‘ly’)
5. It does take some capital but for $10-15k (a lot of money for company with no funding, but once you’ve raised a little bit of seed capital) you can get a reasonable name.
6. The money you save marketing an easy to remember name will more than make up for the $10-15k you spend to buy the name.
7, If you’re using the hyphenated or the not exact match domain, expecting to purchase the parked version you really want later on, remember that the price will be correlated to your success.
8. You can make a deal with the domain owner… $5k plus 2% of the company.  Or a payment stream tied to success with installments towards an agreed upon price in the future. If you don’t pay the agreed upon amount by a certain time, the domain remains the sellers. Get creative.

Especially interesting to me is the idea of not naming your company too tightly around the focus of your initial startup intentions. I really like a name that is a close fit with a company’s product or service. It makes marketing easier and less expensive. Also it’s been shown that online ad campaigns are much more effective when the company/url matches what the person was searching for. Mark uses the example of a company he’s working with who purchased Bedrock.com. They also discuss the name WildFire.com. These are great names with obvious metaphoric significance that lend themselves to branding but also leave enough room for the company to shift focus if need be.

Ultimate early internet domain name play story. In this excerpt Michael Robertson tells how he came
to own mp3.com and what happened when he ‘turned on’ the traffic.

(Click arrow to play audio clip) Michael Robertson tells the story of mp3.com.

In addition to starting mp3.com (later sold to Vivendi), Michael Robertson founded Lindows
(Linspire) and SIPphone (becamse Gizmo5, recently sold to Google). He’s now focused on
building mp3Tunes.com which allows users to store their music in the cloud and access it from
anywhere. Check out the entire interview at ThisWeekIn.com.

“They’re going to see it all eventually so who cares how they get it."

Steve Jobs and Eric Schmidt were caught talking together in a photograph recently submitted to Gizmodo. The tipster reported overhearing Jobs say, “They’re going to see it all eventually so who cares how they get it.” DomainNoob managed to track down audio records from the coffee shop surveillance system. I’m here to tell you that Jobs was replying to an anxious question from Eric Schmidt…

E.S. “But there’s no USB port, you’re forcing them to download it from the iTunes store!”
S.J. “They’re going to see it all eventually so who cares how they get it.

Gizmodo story here:
http://gizmodo.com/5503004/steve-jobs-and-eric-schmidt-spotted-together-again-photos

I’m overwhelmed. Just watched ThisWeekInVentureCapital and one after another Mark Suster is rolling out these recently funded multimillion dollar companies whose names are, IMO, horrific!
Xobni.com  Sendgrid.com  Swipely.com  Assistly.com Burstly.com Telepart.com? Earlier in the day Jason Calacanis talked about paying @$18k for ThisWeekIn.com (for his network of shows). He gets it! A good name is going to cost you a little dough. If VCs are pouring in cash- stop! Get a new name! Your customers will thank you- they won’t be embarrassed telling their friends about you (and then spelling the url, and then spelling it again).

Sorry, even the press articles covering the launch are calling it unvarnished.com, but it’s actually GETunvarnished.com I feel for these guys, that’s one crappy domain name.

Kevin Rose just sent out a tweet announcing his investment in a new startup. He links to a NY Times article about said startup. I’m just sayin’, if Kevin Rose is investing in you and the NY Times is writing about you it’s probably too late to change your domain/company name, but give me a break! formspring.me? For another question/answer site? Amazing.

This looks like a great product and I loved Andrew Warner’s Mixergy.com interview with Harry Lin that hipped me to it but, really, Lottay.com? Described as a cross between lottery and latte. More like a cross between can’t spell and can’t remember. I think this was one of the situations where by the time they had some money and momentum to run with the idea, they’d actually become fond of the name.

The Crunchpad fiasco is ongoing, but in the meantime the manufacturer is offering the tablet pc for sale as the Joo Joo. Bad enough they don’t even own the domain name joojoo.com but doubly inane because of the the.
theJooJoo.com

This has been mentioned elsewhere on the blog. Vark itself isn’t all that bad a domain name. The problem here is that the company is called Aardvark.
vark.com. (Wow! Aardvark/vark.com sold to Google for $50 Million! Wonder if they’ll keep the name.)

See also: http://goodurlbadurl.blogspot.com/