Blogs about the domain industry and the various players and companies within it.

Making the BIG Money!

Is the world using the credit card too much?

I just read a newspaper article that suggested the “R” word is starting to be used in financial circles around the world. What’s the “R” word you may ask? Recession. If the world heads into a recession, then is this going to have a significant impact on domain investors earnings? You bet it will!

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I remember reading an article posted by an industry blogger (not me) just post the Global Financial Crisis of 2008 that outlined that it was great being a domain investor because we were immune to the global meltdown. I must admit that I scratched my head and posted my own article that rebuffed this position.

The domain industry IS part of the global business community and in fact, in many respects we underpin much of it. When businesses are suffering then guess what! They spend less on advertising which depresses earnings per click rates and spend less (or not at all) as much on acquiring domains as they protect their cash.

Just this past week the German 10-year bond rate went negative. What this means is that you have to pay the government to look after your money. This sounds crazy until you realise that the recent issue was oversubscribed by 2.6 times. This suggests there is a flight of cash away from riskier higher yield paying countries (eg. Italy and Greece) as investors are more concerned about keeping their money rather than receiving earnings.

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Japan and ICANN Kobe

Shinkansen (bullet train) at Tokyo station

I’ve been in Japan for the past eight days and it’s been a tiring and yet great time. I’m writing this blog in a few spare minutes between meetings while sitting at a table in the ICANN registration area. Please excuse me if there are any typos or grammatical errors.

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I was in Tokyo for the first four days of my journey to the land of the rising sun. I’ve visited Tokyo many times and find it’s one of the most vibrant cities in the world…..besides that, it’s just a lot of fun! After a lot of great meetings, I had a chance to get out and explore the city with a few other friends that happened to be in Tokyo at the time.

There’s nothing quite like trying to work out how to buy a ticket on a Shinkansen (bullet train) to sort you out….so our first stop was Shinjuku train station. Shinjuku is a MAJOR station where trying to find out how to get out of it is an amazing feat of intellectual prowess, let alone get some bullet train tickets. Think of it as a massive escape room where the signs are designed to confuse the heck out of you.

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Heading to ICANN Kobe

As is my custom, I’m writing to you from the Melbourne Qantas Club as I wait for my flight to Tokyo, Japan. Yes….you would also be right in saying, “Weren’t you just in New Zealand?”

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Sounds like a bit of jetsetting but it’s actually more of a tyranny of timing. Last week I was hiking through the pristine wilderness of the New Zealand south island. I must admit, that the experience has really changed me and caused me to fall in love with tramping around trails while looking at spectacular scenery.

I’m now headed to one of the biggest cities in the world…..so I wouldn’t be surprised if I go through a little culture shock. Not from the amazing Japanese people but being surrounded by buildings and concrete. In New Zealand I could gaze 20 plus kilometres into the distance while in Tokyo it’s going to be to the next office building.

So what draws me to Japan? I could say the food…..and the culture…..and the many things Japanese and they would all be correct. In reality I’m headed to ICANN.

If you’re attending ICANN in Kobe then please reach out to me. I’d love to catchup…..but right now I’ve got to go as my flight just got called!

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fmichlick
Are you coming to ICANN Montreal in November? Would be good to see you here. Just too bad it's that late in the year, it's going t... Read More
16 March 2019
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Was NamesCon Worth it?

Having fun during the Morning Movement session.

Thank goodness, my brain has finally caught up with my body after NamesCon. The twenty-four plus hour journey from Vegas flying in a tin can at nearly 40,000 feet is more something to be endured rather than enjoyed. During my time of Internet withdrawal (there isn’t any on the planes across the Pacific) I pondered the question, “Was NamesCon worth it?”

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If you judge NamesCon on parties and having a big crowd of like-minded people in one location then you would have to emphatically answer, “Yes”. But NamesCon is more than these two things, for me, it’s was all about business, deal making and getting the roadmap for the year ahead.

You see, the right people were at the right location at the right time and this meant that every conversation became even better than the last. There was a “let’s do a deal” mentality that made it feel like opportunities were falling from the sky….which was quite an achievement since we were all inside.

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On My Way To NamesCon

As many readers know, one of the last things I like doing before I board a flight is to write a blog that I’m on my way. So once again I find myself in the Melbourne Qantas Club but unlike the majority of my trips, this time I’m not alone.

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It just so happens I have both Danny and Laci from ParkLogic with me and they have managed to lighten the mood considerably. There’s nothing quite like having a couple of friends that you’ve been working with for over a decade travel with you.

So why are we heading to NamesCon? The simple answer is because everyone that is anyone will be there. I for a fact know that there are an incredible number of industry luminaries flying in from all over the world and they’re all attending because they want to do deals. Sounds good to me.

The question we really need to be asking is what happens in Vegas when you have nearly a thousand incredibly jetlagged individuals all in one place? The only answer to this has to be, “What happens in Vegas stays in Vegas!”

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