Domain Investors Are Scum

Even in 2018 the concept that good domains cost good money is foreign to many in business.

I remember a friend bringing me to a meeting at his startup back in 2015, it was a name brainstorming session. The CEO kept saying “Oh one of those pigs has our first and second choice.” I turned to my friend and asked who are these pigs? He said, “YOU!” I asked what he was talking about? He explained, that not me specifically but a domain investor. The founders of his company referred to domain investors with only one moniker, and that was pigs.

I said well usually it’s squatter, haha.

So today I read a post where a domain investor was called scum and a son of a bitch.

MapleDots relayed the following story on Namepros:

I found myself in a conversation with an irate client yesterday who wanted one of my domains. He accused me of sitting on a domain his business absolutely had to have in order to succeed. In this case it happened to be a two word .com and the potential client was absolutely livid at my 10k asking price.

I did all my usual, explaining to him the cost of print advertising and how easily he could get to 10k and still not have the value similar to this nice domain. I also told him the cost of acquisition could be written off in his advertising fund therefore becoming 100% tax deductible.

I also told the client that he could simply go and register a two word domain in his chosen extension with little to no problems. To this he answered it was impossible because you bastards have registered them all.

I asked him to pick a famous two word website and he picked NationalEnquirer.com as an example of a website. So I said to him if I had a similar business you could find thousands of good combinations without paying more than a reg fee. In fact I told him he could pick .coms and there would be thousands of combos.

ie..

PeoplesEnquirer.com

I said that by simply combining words there are millions of available domains even in the king .com and all he has to do is to be creative and he can save himself 10k

In the end nothing worked and I was called scum and a son of a bitch.

I simply responded….

That may be but I am the son of a bitch that owns your domain and the price just went up to 12k

Millions of good Domains left – No Excuses, if you want the domain pay up or register your own, the choice is yours.

The thought that one domain would make or break the prospect’s success is certainly over the top. If the idea is good enough and you are creative then you can certainly find a myriad of good domain names. This prospect was looking for a two worder, there is far more choice there compared to a one word generic that will always bring a high asking price. There is a ton of choice if you want to venture outside .com so stop calling people who got there first derogatory names.