Domain bonds doing really good this year -
Tucows more than doubles and other domain stocks also on a tear.
It has been a decent year for the NASDAQ so far. But returns on domain stocks have been exceptional.
Consider Tucows (TCX), which opened the year at 75 cents. It has more than doubled to $1.52 at today’s open. The company continues to buy back stock, but I also think there’s overall enthusiasm for its domain business and the prospects of its mobile phone offering Ting.
Demand Media, which owns eNom, ... read more ...
Tag Archives: dmd
Wed 30th May 2012
Tue 8th May 2012
Demand Media invests $18 million in new TLDs -
That’s a whole lotta top level domains.
[Updated with comment from Demand Media and from investor call] Demand Media, parent company of eNom, announced today that it has invested $18 million into new top level domain names.
It’s not clear if this is for application fees only:
In April 2012, Demand Media invested $18 million in pursuit of its generic Top Level Domain (“gTLD”) initiative, which it believes represents a complementary strategic growth opportunity ... read more ...
Tue 31st May 2011
Latest New TLD Applicant Guidebook Still Disses Go Daddy, Demand Media -
Companies still fall victim to anti-cybersquatting rule for new TLD applicants.
The latest (but certainly not final) version of the new top level domain name guidebook still includes a provision that, at least by the spirit of the clause, would prevent Go Daddy and Demand Media (NYSE: DMD) from applying for new top level domain names.
Section 1.2.1 of the May 20 release (large pdf) includes a laundry list of reasons why an applicant would be barred from registering ... read more ...