| I didn't understand their business plan, which seemed to be based on having multiple broker fees for the long tail crap that has formed in the latest bubble.
Quality domains are going up in price. These guys were focused on churning crap. Their target market is imploding. Buying opportunity? What like dot Mobi?
The bottom line is that there is a lot limited amount of quality names out there. That is why they are valuable. You start making up extensions and creating domains like the Fed creates IOUs and you are in serious trouble. From a domaining perspective most US domainers, and these Aussies fell into the same Clique, just didn't understand that the growth into Global markets had a cultural perspective. Their whole strategy is based on the the Cultural and Economic Hegemony of the USA, which is as dead as the Dodo!
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Yours, Rubber Duck
Please note that any historic offers over a month old are null and void. |