[kwlug disc.] [slightly OT] "geosign" and weird business models
Robert P. J. Day
rpjday at mindspring.com
Thu Sep 27 11:55:51 EDT 2007
On Thu, 27 Sep 2007, Khalid Baheyeldin wrote:
> This could be another variant of "domaining" and "internet real estate".
>
> For some reason, venture capital firms love this leechy business.
>
> I wrote a brief overview on it here where you can see some links too.
>
> http://baheyeldin.com/click/866/0
i was hoping khalid would contribute to the discussion since he (at
the risk of over-simplification) runs a "web site" company and, when i
first about $160 million in VC going to geosign, my first reaction
was, "how on earth can *any* web site company be worth that kind of
money?? that's just insane." of course, that was when i assumed that
geosign *designed* web sites.
i got most of my info here:
http://annbrocklehurstjournalism.blogspot.com/
and i spent some time yesterday following links. at one point, i
checked out geosign's portfolio here:
http://www.geosign.com/portfolio.aspx
and noticed they apparently owned "hockey.com". wow, i think to
myself, that's a pretty desirable domain name, i wonder what they're
doing with it and how they're leveraging that name as a moneymaker.
go look:
http://www.hockey.com/
i don't believe that needs any further commentary from me.
rday
--
========================================================================
Robert P. J. Day
Linux Consulting, Training and Annoying Kernel Pedantry
Waterloo, Ontario, CANADA
http://crashcourse.ca
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