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Domain names are virtual real estate

I haven’t come across examples of this before - where someone applies a metaphor for one sort of dereliction to the virtual, the webscape - other than my own thoughts on the topic. A bit of proof then, that I’m not the only one.

What happens in a recession when the company needs to raise more money? Suddenly there is no collateral upon which to borrow. In a public company, that leaves only the shareholders to go to with cap in hand for more money. In a private company, there aren’t many places to go at all. … It’s one of the reasons we are seeing so many large buildings falling empty and into dereliction at the moment.

Domain names are virtual real estate. It doesn’t matter if a domain name is left empty and disregarded in a portfolio, or if it’s parked, or if it’s simply left with a “for sale” sign on the front page, since it will still be worth more than it was when it was registered and the price is dependent upon who you sell it to and why they want it.

David Carter

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