DomainNoob – Page 6 – Names & Domains For Startups

How We Got Sal (KhanAcademy.org) His Dot Com

Update 6/22… It’s 12 years later and I just recently was able to get KhanAcademy.net and KhanAcademy.us to the folks at Khan Academy! It’s great to be able to support my favorite non-profits in a meaningful way. If you’re into domains and watching the drop, add a few of your favorite non-profits to your monitor list and keep an eye out for domains you think they should have.

I was already a big fan of Sal and KhanAcademy.org after I heard him interviewed by Jon Udell on IT Conversations. Here was a guy really making a difference. I could relate too, because if I’d had such a resource when I was a kid (Sal has hundreds of short-form math and science instructional videos online) I might have had a workaround for some horrible teachers that completely turned me off math.

A few months later Andrew Warner interviewed Sal for Mixergy (an awesome collection of interviews with entrepreneurs) and I heard this exchange as the interview came to a close…

Andrew: All right. Well, thanks guys. If you have any feedback, any suggestions, want to be part of this in any way, xxxxx@khanacademy.org, right? But you also have the dotcom.
Sal: No, I don’t. Somebody claimed the dotcom. I don’t own the dotcom.
Andrew: Who is the evil son of a bitch who has the dot com, who does not…
Sal: Well, I don’t know. I was almost able to get it, and someone got it. I don’t know. There are people more sophisticated at squatting domain names than I am.
Andrew: I guess so. Somebody get that domain name back for him. If anyone out there is listening, get that domain back. All right. Thank you…

I think it was the part about ‘almost getting it’ that really piqued my curiosity. So I began to look into it.
I discovered that KhanAcademy.com was registered with Enom. It was parked (the schoolgirl photo with lots of ads) with a link to ‘buy this domain’. That link took me to a site called AcquireThisName.com where I was presented with a ‘make an offer’ form. I did. My offer led to a brief exchange part of which was…

John,
To be honest, I’m not sure if the registrant is motivated to sell this domain. At this time, he is only asking for solid 6 figure offers for consideration. Please let me know if you have a offer you would like to be presented. Appreciate your interest.
Kind Regards,
Bxxxxx | AcquireThisName.com

Hmm, a ‘solid 6 figure’ offer for a domain whose value derives from the fact that Sal’s Khan Academy gets a lot of traffic? That made me mad. I started looking around the net. There were plenty of people mad at AcquireThisName.com. They had also been involved in numerous trademark suits, (see also). I found that Acquire This Name was incorporated in Nevada and that two of its board members, Michael Blend, and Matthew Polesetsky were also on the board of Demand Media. Demand Media owns Enom and a LOT of other domain related companies.

I checked to see if Sal had a trademark. If he had I would have suggested a WIPO action. It would have been a slam dunk. But Sal, busy teaching kids trigonometry for free, hadn’t gotten one yet.

A couple of months later I got an email from Acquire This Name informing me that KhanAcademy.com was about to go to auction at Namejet. Huh? Great! I signed in to Namejet and placed the $69 minimum bid. You HAVE to have placed the minimal bid before the auction starts in order to participate in the auction. I was able to contact Sal through Andrew Warner and Sal was happy to have me bid on his behalf. The morning the auction opens I log in and discover there are 30 people in the auction! The first two days the bidding stays well below our budget but on the morning of the last day I wake up to discover the price has shot up to $1600. I get on the phone to Sal and he gives me the go ahead to keep bidding. We’re down to 4 bidders now as the auction winds down to those last few nail-biting minutes but finally the clock runs out and we have it – for $5000.

So who was bidding against us? KhanAcademy.org is up to (by Compete’s numbers even) @250k visitors a month. Googling a couple of the bidder’s handles suggested Asian game site owners, probably looking to siphon off the .com type-ins. But who knows- a shady domainer after a higher end-user sale to Sal down the road? A shill bidder from AcquireThisName?

Interestingly, about a week after the auction closed Namejet informs me that they had detected fraudulent bidding in the auction (bad credit card), and were refunding me $2012, so in fact we got KhanAcademy.com for $2,988 (my highest bid before the fraudster bid it higher).

Sal has been so busy we haven’t had time to even transfer the name over yet. He’s just won a Google prize and recently Bill Gates declared Sal his favorite teacher.

So there’s the story. But I’m left with a lot of unanswered questions.
Who got Sal’s money? Was it Namejet? They call themselves a partner of eNom. So is Namejet also owned by Demand?
And why the change of heart? Why sell now if you know how much traffic KhanAcademy is getting?
Does it have something to do with the attic cleaning going on at Demand around their IPO?
And who is Mark Barker Incorporated? They show up on the Whois as registrar now (it was Enom). They’re also owned by Demand.

My hunch is that Enom retains some domains that drop even when they don’t have any generic value. If you look through the domains available through AcquireThisName.com there’s all kinds of names that look like they once belonged to a real business. For example, I found existing exact match companies for domains like BankOfElgin.com KentuckyHomeBank.com BudapestBank.com MichiganTalentBank.com FraminghamCoopBank.com ClevelandFurnitureBank.com. For what other reason could Enom own these domains except to sell them (though Acquire This Name) to the companies that are building value into their brands? No wonder people hate the domain industry. That’s sleaze!

I’m glad we were able to help Sal get his .com. In fact all it took, in this case, was Andrew’s information, my attention, and Sal’s checkbook! It’s not the first time I’ve been able to help someone out, but it’s the first time I’ve written about it. Usually it’s as easy as buying the name and putting up a “This is a present.” page. I call it Good Will Domaining.

See Also:
Hey just discovered a TechDirt article about this post. Interesting comments as well.
Michael Berkens: Here We Go Again: Now Enom Has A Site To Sell Its Own Domain Inventory: Where Did These Domains Come From?

Is $2000 Too Much To Pay For A Great Startup Domain?

As an example to startups especially, I wanted to highlight this recent auction as an example of the kinds of domains that can be acquired for reasonable prices. If you’re getting ready to launch and are facing the difficult task of finding the right name consider enlisting my help. I know where and how to look for great names at reasonable prices.

I recently participated in a domain auction for the domain Penance.com. I actually have content that matches the domain perfectly. Previously I’ve hosted it on other URLs but I’ve been keeping my eye open for a better one. For my purposes you couldn’t have a better url than Penance.com, and with a ‘category killer’ domain like that it would be much easier to roll out more content in the event the idea started to get traction. But besides my (fun and basically no-profit) idea, Penance.com could make a great domain for all sorts of things (perfume, fashion, feature film title, etc. etc.) so, in my opinion, it would be a smart buy even as an investment- depending on the price.

I hopped in the auction, which was at Sedo. The domain was part of a collection being offered by a single domainer and all the domains were no or low reserve (meaning the owner was prepared to let them go for whatever the market priced them at).

Here’s what happened…

penance-Auction

Penance.com went for $2075, in my opinion a great price. A little over my head but a great deal for the new owner.
If you’re a developer I’m sure you see some obvious and interesting potential for the HockeyScore.com names.
Doodling.com strikes me as a good (not great) branding opportunity for an art related site or blog.
The point is, there are great domains out there for reasonable prices. If you could use a little help finding them, drop me a line.

My Rule Is Something You Can Spell

jason-calacanis-steve-huffman-twist-76 — Jason Calacanis & Steve Huffman

Steve Huffman, co-founder of Reddit and Hipmunk was recently the guest on This Week In Startups with Jason Calacanis. In this audio clip, Steve and Jason share their frustration with acquiring good dot coms and discuss their minimal criteria for choosing a domain. Funny that but for the random passing of a S. American tourist, Reddit might have ended up being called Read.ly or something worse. This is a great episode where Steve tells the story of how Reddit got made, and then sold. He was 22 when he and a co-founder sold Reddit to Conde Naste for a rumored $25M. You can check out the entire episode, with show notes, here.

(Click arrow to play audio clip) Steve Huffman My rule is something you can spell.

@Ev Paid $7500 for Twitter?

Tech Crunch ran a story today about Evan Williams paying $7500 for the Twitter domain name back in mid 2006. Thanks to tweets like these (@ev is the co-founder of Twitter he’s tweeting with Ed Shahzade @ed) people, are finally getting that it’s worth the money to acquire a good domain.

Tech Crunch ran a story today about Evan Williams paying $7500 for the Twitter domain name back in mid 2006. @ev is the co-founder of Twitter. He’s tweeting with Ed Shahzade @ed.

Evan Williams and Ed Shahzade Twitter Domain Thread

And some Twitter history from LA Times.

Then when did the service’s name morph from “Status/Stat.us” to “twittr” to Twitter?

The working name was just “Status” for a while. It actually didn’t have a name. We were trying to name it, and mobile was a big aspect of the product early on … We liked the SMS aspect, and how you could update from anywhere and receive from anywhere.

We wanted to capture that in the name — we wanted to capture that feeling: the physical sensation that you’re buzzing your friend’s pocket. It’s like buzzing all over the world. So we did a bunch of name-storming, and we came up with the word “twitch,” because the phone kind of vibrates when it moves. But “twitch” is not a good product name because it doesn’t bring up the right imagery. So we looked in the dictionary for words around it, and we came across the word “twitter,” and it was just perfect. The definition was “a short burst of inconsequential information,” and “chirps from birds.” And that’s exactly what the product was.

Singular Vs Plural Keyword Domain Names?

Long story short: I personally would develop the variants and have one site be the “money site” and the other sites be doorway or reference sites that link to the money site. 301 redirect makes sense if there is existing traffic but odds are not much so you are better off creating something that is capable of being indexed and ranked.

photo credit: Brett L.

I’ve been asking this whenever I’m around people who might know:

Where you own both… The plural so often makes a better sounding storefront, but the singular keyword often scores 10x or more exact match searches per month. Pointing the singular to the plural with a 301 redirect seems to be the general advice. But that would only generate what little type-in traffic the singular domain got.

In my own experiments I’ve been able to score top 10 in Google for exact match plural keyword search, but disappear off the search results for (much more competition) singular (using 301 redirect approach). Wondering if building out the singular keyword domain could make a difference. But also, don’t want to risk duplicate content penalties.

Probably the best answer I’ve received so far comes from a well known domain developer (whose name I won’t mention because it was in an email and I haven’t asked his permission to quote him) . Would still hope to get a definitive answer with some examples and stats at some point.

Long story short: I personally would develop the variants and have one site be the “money site” and the other sites be doorway or reference sites that link to the money site.

301 redirect makes sense if there is existing traffic but odds are not much so you are better off creating something that is capable of being indexed and ranked.

If you run across any good info please let me know in the comments.
Thanks.

I Should Ask For $5 Thousand – My Favorite Domain Story Ever

What’s so impressive about John’s story is that he learned from it and moved on.

Unfortunately I don’t know which podcast this clip came from. There’s no intro or outro, it’s from an interview I stumbled upon through a search for John Reese after I heard about the $million dollar launch of a product called Traffic Secrets. What’s so impressive about John’s story is that he learned from it and moved on.

(Click arrow to play audio clip) John Reese’s Million Dollar domain story.

Domains For SEO- Do They Still Matter? Kelvin Newman’s Take

A fun podcast I never miss is the Internet Marketing Insider from SiteVisibility.com. Great insights from the internet marketing trenches featuring Kelvin Newman and Andy White. I borrowed this clip from their recent Want a Sticky Website episode because it deals with a subject I know to be near and dear to domainers. Especially if you’re interested in selling domains to end users for SEO purposes, you need to stay on top of what’s working. I’m not sure I agree with everything Kelvin is saying in this clip, but I’m glad to have his perspective. Check in out.

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

Odd Bedfellows

Normalizr Normalizr.com Making Podcasts Sound Good

Normalizr.com Buy It Now Priced at DAN.
How obvious is this? Maybe it’s out there already? Adding it to my bright ideas with a domain name and a Twitter handle list. A cloud based, enterprise level, podcast audio and video normalization and enhancement service.

Optimize your audio or the audio of your video file for volume and balance, i.e. all voices in discussion are at the same volume level.
Optimize your video file for brightness and remove excess camera jitters.

Not rocket science. Scoop up the podcast RSS feed, make it really nice to listen to and watch and re post it to RSS. I think clever programmers could automate this. Hey, are you a clever programmer? This project needs co-founders.

Normalizr

Startup Social Proof Number One – Your Domain Name!

Marco used credit cards to put 30% down on a $36,000 domain name. Financed at 6%, he used Moniker’s escrow service to purchase Thumbtack.com – before he even had a product!

Marco used credit cards to put 30% down on a $36,000 domain name. Financed at 6%, he used Moniker’s escrow service to purchase Thumbtack.com – before he even had a product!
Jason Calacanis tells you why it was a smart move in this discussion with local services hub Thumbtack.com’s Marco Zappacosta.
Excerpt from This Week In Startups #68.
(Click arrow to play audio clip) Domains as Social Proof.

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.