Generic domain offer business possibilities--Shanghai IDC Co., Ltd
Domain name news brought to you by Shanghai IDC Co., Ltd
An internet millionaire who was recently named in Forbes' 40 Wealthiest Americans Under Age 40
has highlighted the importance of generic domain names.
In an interview with domain industry news website DN Journal, Leland Hardy says that his
acquisition of NewYork.com
has led to him becoming the owner of "arguably, and certainly
potentially, the single most valuable domain in cyberspace".
Mr Hardy, who has previously enjoyed a career as a professional boxer, sports agent and Wall
Street trader, states that obtaining the right domain name is vital for business looking to
fully exploit the opportunities presented by a website.
He suggests that by studying the benefits of search engines his company was able to build a site which offered "maximal exploitation of the business model … all at one domain that happens to be the easiest name in the world to remember."
He adds that a solid web address such as a site with a generic domain name that is followed by a
.com is a more favourable acquisition than other top-level domains such as .net and .info.
Among the other generic sites whicjh have formed a part of Mr Hardy's portfolio is GolfSchools.com
which was sold this year for $70,000.