Why places like AN and GD HAVE to fail..

[NameBox]

Originally posted by FineE
Having said that, there is no doubt that we are in a slump in the domain market. Will it come back. Yes and driven by the fundamentals.

I agree with



but most businesses do not have a website. Yet! and as for consumers even less.

There are about 30 million domain names registererd worldwide total. That is over 500 people per domain name world wide. The next domain boom will be driven by end users not speculators.

Your metrics don't make any sense. End users (consumers) are well served via subdomains or free namespace provided by their ISPs.

Companies have recourse to their national .tlds and given the fact that the bloom is of the rose with the internet economies, most would consider the net as an information dissemination tool, and not an inherent money maker. That said, they aren't going to fall over themselves offering big dollars for domains help by speculators.

Prime .coms will always (unless the whole DNS system changes) have value. But home many big sales are being driven by a relatively small number of internet investors (adult operators, type in investors, etc.) rather than "real" world companies looking for an online presense.

 

[think]

Let's not forget the obvious shills on AN. The selling of names not belonging to the real seller didn't help much either. oiu

 

[DaddyHalbucks]

Two million junkers is a good example.

AN and GD are in many ways microcosms of the net itself.

There was big opportunity on the net in the mid and late 90s, in domains and in other areas.

The problem was that there was huge Huge HUGE competition on the internet-- the most massive amount of competition that was ever assembled. Everyone wanted a piece of the net. Everyone wanted to own DotCom stocks or domains, the fundamentals be damned.

How could such irrational business NOT result in registration of crap domains, purchasing of overpriced overhyped stock, and anything BUT a crash?

GD is also ill-equiped to do legitimate appraisals. They just provide a worthless piece of paper and a T-Shirt. Yes, their business model, company, staff, service and anything connected to them is garbage. Same for AN. Maybe even more so for AN.

VeriSign is a public company so it would be possible to find out much of a loss GD causes for them.. does anyone know?