Business 2.0 magazine and New York Traffic show

[hugegrowth]

Does anyone else see a 'perfect storm' scenario coming up for the domain market with the cover story in the June Business 2.0 magazine on domaining, and the NY Traffic show/auction?

As far as I know the Business 2.0 magazine hasn't even hit the stands yet, at least around here. So the effect from that hasn't even started. After that's digested, then the Traffic show hits in mid-June, so there will be additional press from the domain auctions. I can just see a lot more investors/players coming into the market in the coming weeks.

Regardless of your take on the magazine article, I think most people will get the sense from reading it that generic domains can be a good investment, and there's money to be made in domains.

 

[maroulis]

Does anyone else see a 'perfect storm' scenario coming up for the domain market with the cover story in the June Business 2.0 magazine on domaining, and the NY Traffic show/auction?

As far as I know the Business 2.0 magazine hasn't even hit the stands yet, at least around here. So the effect from that hasn't even started. After that's digested, then the Traffic show hits in mid-June, so there will be additional press from the domain auctions. I can just see a lot more investors/players coming into the market in the coming weeks.

Regardless of your take on the magazine article, I think most people will get the sense from reading it that generic domains can be a good investment, and there's money to be made in domains.

subscriptions on B2.0 went out 4 days ago, I got mine 2 days ago.. As for traffic auction NY, although it's the right step I don't feel this article would influence the attendance..

Same goes with generics, there's very little mentioning of generics in the article, most focus is on .cm typos

 

[Rockefeller]

When does the magazine reach the stores?

 

[BidNo]

Agree with Maroulis. I also received mine last Thursday so they're likely hitting newstands this week. However we may still be in for that perfect storm scenario as there appears to be lots of domain news creeping into mainstream media.

 

[hugegrowth]

funny, I only see the .cm thing as part of the article, not the focus of it. I think to domainers it stands out more because of it's uniqueness, no one had done that before.

 

[companyone]

New York Times Covers Domain Name Industry
Monday, May 28th, 2007

Article features NameMedia, parent company of BuyDomains.

“THINK you have a good handle on the Internet economy? Try this one. What Internet business has raised $120 million in financing in the last year, owns 725,000 Web sites, and has as its chief executive the former head of Primedia and International Data Group?” asks an article in today’s New York Times.

The answer is NameMedia, the domain name holding company that also owns domain resellers BuyDomains and Afternic. Unlike many recent articles in the mainstream press about domain names, this article does a good job distinguishing between cybersquatting and legitimate domain investing:

The business is a far cry from the days of cybersquatting, where speculators bought up names of businesses to which they had no legitimate claim, but it does represent a vindication of sorts for many who bought hundreds or thousands of random Web address names on the hope that one day they would be worth something.

The article quotes analysts that say NameMedia and its competitors could represent the next wave of IPOs.

My question remains…why should companies like this go public? There are a couple reasons. One is to return capital to investors through a liquidity event. The other is if the money will be reinvested in developing thousands of web sites. With investors in for over $100M, these companies need to grab a very rich valuation to justify the big investments. That may not be hard, given that some of these companies have been buying domainers’ portfolios for as little as 5x annual revenue. Public companies can command 20x annual revenue or more.

But if these companies didn’t have investors looking to cash out in liquidity events, would they ever think about going public? Why not just let the cash flow roll in year after year? (It’s worth noting that many of these investors can’t take dividends because of their charters and limited partners.)

Source

Link to NY Times Article

 

[Rockefeller]

Let me know when someone sees it on the news stands..ive been looking but no luck..seems like a good read.

 

[URLtrader]

I got it at a newsstand at Penn Station in Manhattan after trying at many other places.

URLtrader

 

[tonyfloyd]

gotta love good ol Penn Station..........i'll look for it on my way home tonite.......thnks URL!

 

[hugegrowth]

I saw it in the stores on the weekend but mine hasn't come by mail yet - painful to wait.

 

[Rockefeller]

Anyone know of any stores that carry the magazine? I cant find it anywhere online.

 

[gmac17]

any book store should have it

 

[companyone]

What...gmac17 said.

Barnes & Noble should have it...they seem to get new issues of Mags. pretty fast.

Best,
Dan

 

[Poker]

It's free online:
http://money.cnn.com/magazines/business2/

 

[dnalias]

Also, this came out at Sydney Morning Herald today.

http://www.smh.com.au/news/web/masters-of-their-domains/2007/06/04/1180809431843.html

good read as it revolves around the secondary market for domains a bit more.

IMO on the storm? maybe not in the next few weeks, but in the next year or so. but definitely expect increased showers. what we really need is for one of the big 5 to go public, successfully that is.

 

[SYSTEMX]

Im sure the Cameroon Gov. and Ephraim Inoni, the prime minister of Cameroon, appreciates the press and the "GREAT" PR this guy is giving them and their bank account's!!! The country is pretty poor, these are the kind of people that make them poorer. I hope he get's his ass kicked some time soon. And it's not envy, it's the shit that he is doing. We get our asses kicked in every time we Typo something and he just sit's in Canada making millions off Typo's of every hard earned and sweat built project on the Web. I dont know why the Big Gun's are silent???
:upset:

 

[BELLC1]

Business 2.0 print magazine has just sent us its last print issue. It failed.

Not sure what the parent company (Time Life) will do with the Business2.com domain name.

 

[hugegrowth]

Darn it, I love that magazine. My copy hasn't arrived yet.

 

[Zona]

Business Week's media writer had a note about 3-4 issues back that Business 2.0 was probably not going to last much longer.

Sorry to see it go.

 

[FuseFX]

They didn't want to sell their subscriber list to their competitors -- atleast, that is what the speculation is about why it was closed rather than sold.

BTW their editor just joined techcrunch.com.