In this audio clip from ‘Jason’s Shark Tank’, Jason tells caller/developer Kevin, of pikk.com what he likes about what Kevin’s created so far.

Signals of Quality

Jason Calacanis: Everyone should follow you on Twitter obviously, Pikk. You have that up and running, and you have a four letter domain name. These are, again, signals of quality for me. You have a decent domain name decent web design. I’m  not crazy about your web design, to be totally honest with you I think it’s a 7 or 8 out of 10 but, listen, Mahalo was a 6 out of 10 at one point, now it’s a 10 out of 10, so, it’s progress you know, and I can appreciate that. Smart enough to pick a four letter domain, great – how did you get the domain was that available or you bought it.
Kevin: I bought it.
Jason: Yeah, how much did that cost you?
Kevin: Ah, I’ve been told I got the bargain of the century, this cost me about twenty-five hundred dollars.
Jason: That’s a great deal.
Kamran Pourzanjani: Yeah.
Jason: For a four letter domain…

Siamak Taghaddos

Seems pretty obvious, right? But here’s an example (from another excellent Mixergy interview) of what so often happens.
Noah Kagan

Matt (WordPress / www.Ma.tt) had to get it. Would like to know more about that story.
Matt Mullenweg

Otis (of Goodreads.com) definitely gets it. Exactly, “a good domain will give you a 30% extra chance of success”.
Otis Chandler

Sure, domain names can be expensive. But the trouble is, the larger you grow your company, the more you
run the risk that someone is going to hold that domain name hostage (and why shouldn’t they, really?)
I guess my point is that getting the right domain name upfront will save you a lot of money in the long run.
If you would like help finding or acquiring a domain name for your startup please drop me a line. I love to
brainstorm domains and can help broker a deal for a domain that’s already owned.

In The News.
From: DomainNameWire.com

Social gadget company upgrades its domain name.
Sedo has brokered the sale of Poken.com for $75,000 to a company that bills itself as a mobile social business card.

According to the web site, “poken is your ’social business card.’ it’s an easy way to share your contact details and online social networks in the real world. just hold two poken palms together – high4! – and you’re connected.”

The web site makes it look like a product primarily for teenagers. This domain is a big upgrade, as it appears the company has been using DoYouPoken.com as its web site.

From: DotWeekly.com

Ad.ly Purchases Adly.com Domain Name
Ad.ly is becoming a very popular in-stream advertising platform for Twitter.com users and they just purchased what would be considered a typo of their domain name, Adly.com for $6,000 at Sedo.com .

Adly.com was first registered in late 2001 and changed hands to Adly Inc. on 10-31-2009.

This is a very wise purchase for Adly Inc. because not only could the domain name be considered a typo of it’s Ad.ly domain, but it also matches the company name exactly.

I think Adly Inc. got a Great Deal on the new domain purchase, as Adly is a nice 4 letter brandable domain name… Just like Ad.ly decided to name their company!

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I’m assuming that’s a Halloween AK-47 Jason Calacanis is holding. The other fellow is Steve Bell (links to his take on all this). Things got a little heated today on This Week In Startups around the issue of Jason’s current beef, “Why startups shouldn’t have to pay to pitch angel investors“. Mr. Bell likened Jason’s attack on companies like Keiretsu (who Mr. Bell, an angel investor who uses Keiretsu’s services called in to defend) to ‘Jihad’. The upshot? Jason stated he would start an OpenAngelForum if Keiretsu and their ilk refuse to drop their fees. He also made what I think is a very valuable offer (paraphrasing here) – that if Keiretsu does drop their fees, Jason will support them 100%. Hmm. Having the support of Jason with all his Tech Crunch 50 experience and connections, not to mention the Jason Nation -VS.- going head to head with one of the most savvy entrepreneurs on the planet? Watching this go down live was a lot of fun. The chat room was going off.