#271 - Peter Askew - Founder of Deep South Ventures - Investing in Domain Names
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Peter Askew runs a bootstrapped, .com domain development business (often solo). He typically sources domains from the expired aftermarket and uses their descriptive nature as inspiration for each venture.
Current projects: VidaliaOnions.com | RanchWork.com | DudeRanch.com
On this episode Chris & Peter discuss:
- Investing in domains 101 and why ".com" is king
- How to build job boards & why they're so valuable
- How to build businesses from purchased domains
Key Takeaways:
(2:05) - How did you become a failed domain investor?
(6:42) - What does “building a project” mean in your world?
(13:30) - How would a common person find these domain marketplaces?
(16:36) - How do you value Domains?
(21:47) - How did you get from buying a domain for onions to actually selling the onions?
(27:05) - Why aren’t you in a hurry to grow the business?
(28:30) - The domain industry
(31:24) - What makes an amazing domain investor?
(33:15) - Can I simply license out domain names?
(37:21) - Can people hack and steal domain names?
(39:04) - Does AI or Web3 disrupt this space?
(40:37) - What’s the most valuable domain name in the industry?
(42:14) - Do you have to have a site in order to monetize a domain?
(45:47) - How would you build a job board for an industry from scratch?
Additional Resources
👉 Peter on Twitter - https://twitter.com/searchbound
👉 Peter on how to build a niche job board
👉 Snap [NAMES] - https://www.snapnames.com/
👉 DropCatch - https://www.dropcatch.com/
👉 UDRP - https://www.icann.org/resources/pages/help/dndr/udrp-en
👉 NamesCon - https://namescon.com/
👉 NameBio - https://namebio.com/
👉 Sedo.com - https://sedo.com/us/
👉 Dan.com - https://dan.com/
👉 GoDaddy Auctions - https://auctions.godaddy.com/beta
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