Just reading the business section of the newspaper today, it's really astonishing the amount of money out there looking to buy all sorts of companies. Like 1999-2000 all over again. I'm thinking what would a company like Marchex go for once big investors really understand what their domain portfolio means.
Exactly!
They are shelling out these vast sums of cash for ad firms, when they should be buying the
traffic instead. For all the money they have made, they're still pretty dumb to not see it.
We are the guys who ought to be running the show, the landlords. Since when did a tennant (Google etc) tell the landlord (domain owner) how much rent he was going to get this month?
This may sound like pie-in-the-sky nonsense, but think of this for 2 minutes - if the domainers went on strike for 2 weeks, ie stopped their ppc or adsense campaigns etc - maybe the corporations would take us more seriously. How would they explain to their shareholders that their business model is worth a fraction of their share price, and that the real power is with the guys who own the traffic?
How would they brush under the carpet the fact that there's a guy down in Florida in a loud shirt, that's been telling them for years, but instead of listening and buying the traffic, they paid stupid money for ad firms just because they wanted to get them before someone else does?
Or should domainers co-op to create, buy, or merge with an ad company?