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:: Articles :: Domainer Quotes :: Domainer Quotes :: 10/17/09 - Domainer Quote - David Castello
10/17/09 - Domainer Quote - David Castello
Saturday, 17 October 2009 20:35

Here is another good comment by Castello found on this page.

"My brother and I don’t park many names and have trumpeted the advantages of developing portfolios before anyone else (if there is another major domainer who has been doing this with the majority of their portfolio before 1995 please let me know).

That being said, I agree with you that parking has played a critical role in the evolution of our industry and I am certainly not in favor of seeing it go. On the other hand, parking is the past not the future. When you park a name – especially a really good one – you are essentially consigning it to a slow death. Even worse, parking a name allows competitors to develop their names and future dilute the value of your name (a perfect example of this is the parked PalmBeach.com vs our developed WestPalmBeach.com).

I could go on and on, but the bottom line is that anyone parking a name in 2009 with a value of over 100K is essentially making a terrible business decision.

PS: The answer to this is YES and it will happen in the next twelve months (I know this for a fact): “You want a company to take on Google and get advertisers to move to their network?”"

 

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Last Updated on Saturday, 17 October 2009 20:39



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