I tuned into the show just in time today to catch Patrick and Morgan interviewing Lori Anne Wardi, Director of the .CO Registry. I thought the discussion was very interesting. I’m just going to jot down some mental notes (paragraph below) I took during the show.
…According to Lori Anne, an “unprecedented amount of money” was spent promoting the .co extension in comparison to other new extensions. Although I tuned in late, I didn’t hear anyone mention Colombia or typosquatting in the discussion. Lori Anne actually doesn’t believe this is the proper extension for investing for resale and she firmly believes that registrants of .co domains will be developing their new coveted domains. O.co sold for $350,000. Lori Anne is a spectacular sales person! She had a well crafted response to almost any question and molded her answer into a pitch for why .co is so awesome. One of her heaviest pitches for .co was something like this.. “It’s time to own the domain you have always wanted”. There’s a twitter campaign behind this pitch @dotco using #pigsfly. Morgan kind of supported this angle by mentioning his girlfriend was so excited to secure the buzzword of her industry in .co. Morgan also caught a nice percentage of his backorders, eight new .co domains (I think). Chef Patrick revealed he did register one .co and also stated later on firmly, “I’m a .com guy” 🙂
Before today I really haven’t publicly stated my position on the whole .co landrush. That’s mostly because it doesn’t mean much to me. I agree with Lori Anne Wardi that .co is better suited for development (or re-direction IMO) than for investing in. I bought zero .co domains. I looked up a few yesterday to see if I could score a couple great generics but ones I tried were taken, probably pre-ordered months ago. I think the only type of .co domains that a domainer would want are typos of companies whose sites generate alot of traffic… I’m just not much of a typo domainer. 250,00 registrations in the first day is impressive. I am afraid we could break the record of most domains dropped in one day next year. I think too many investors are registering these just to have them in their portfolio.
** IN Case you were not aware, my site was hacked yesterday and there was a phishing scam implemented on a page of my site I did not know about, as a result a person became enraged and started impersonating me on several domain blogs and related sites using my email address and name to post profane and derogatory comments on others sites. I now have this all cleared up, read my blog post from yesterday. I just wanted to keep everyone aware of what’s going on.