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Old 23rd April 2011, 11:17 PM
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11 years old but interesting read and possibly more relevant then ever before

Not sure about the execution but the vision is certainly there.
I never came across this prior, anyone saw this before?


“Over the past five years, investing in English-language domain names has yielded exceptionally high returns. GoldNames expects that we will see the same dramatic explosion in values in the world of non-English domain names.”

http://www.teten.com/goldnames-media...m_8_14_00.htm/

Last edited by 555; 23rd April 2011 at 11:17 PM..
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Old 24th April 2011, 12:02 AM
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Re: 11 years old but interesting read and possibly more relevant then ever before

Never heard of them, i had a look at goldnames_com didnt see idns there
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Old 24th April 2011, 01:16 AM
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Re: 11 years old but interesting read and possibly more relevant then ever before

Looks like he started it, got funding and either sold it or it petered out in original vision. Says they had 450 clients worldwide.

Current domain owner for "goldnames" shows who.is from Estonia, but website sells only ascii names.

Here is bio on David Teten the guys who founded the company. Personally, I have never seen his name nor goldnames in the who.is of IDNs.

http://www.linkedin.com/in/teten?gob...pvan_%2Fpeyyen

CEO GoldNames
Privately Held; 51-200 employees; Financial Services industry
August 1999 – September 2001 (2 years 2 months)

First investment bank for the internet domain name asset class.
- Built 5 revenue streams: internet domain name sales, leasing, valuation/transaction advisory, domain name registrations, and internet advertising. Over 450 clients worldwide.
- Recruited team of 54 professionals (at peak), natives of 19 countries and alumni of 18 leading banks (Goldman Sachs, Credit Suisse, Salomon, Merrill Lynch, Deutsche Bank)
- Raised $2.25m from venture capitalists and angels. Signed $10m fundraising agreement with Credit Suisse in June 2000 at $25m pre-money valuation (unconsummated due to market).
- Candidate for Board of ICANN (Asia/Australia/Pacific seat). Endorsed by Afternic.

Last edited by bwhhisc; 24th April 2011 at 01:24 AM..
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Old 24th April 2011, 04:03 AM
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Re: 11 years old but interesting read and possibly more relevant then ever before

Quote:
Endorsed by Afternic.
Ah well.
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Old 24th April 2011, 12:09 PM
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Re: 11 years old but interesting read and possibly more relevant then ever before

"Raised $2.25m from venture capitalists and angels".

I wonder what he bought with that...I sure didn't see much 'gold' in the current portfolio at goldnames.
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Old 24th April 2011, 02:33 PM
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Re: 11 years old but interesting read and possibly more relevant then ever before

Here's their website from 2000. It looks like it was active from 2000 until 2009 with few changes. Domain probably changed hands and now has a new owner as there are no records after 2009.

http://replay.web.archive.org/200008...goldnames.com/ This link takes a few seconds to load

GoldNames helps business people solve three key difficulties.
First, we help domain name holders get cash for their names. Second, we help companies market themselves more effectively with higher quality domain names, particularly in languages besides English. Third, we help people brainstorm and register domain names outside of the English language. aug 2000

Last edited by Kent99; 24th April 2011 at 02:35 PM..
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Old 24th April 2011, 03:19 PM
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Re: 11 years old but interesting read and possibly more relevant then ever before

The press release from 11 years ago i think is a reminder that being too early at times is an obstacle, and the chart here (http://en.wikipedia.org/wiki/.com) is really why i can't understand the current situation...

It took more then 2.5 years to get the first 100 domains registered and today, 26 years after, there are more then 200 Million names as no one knew the internet will become what it has become with almost 50% of total domains in the .com tld (more then 200 tld's exist http://www.norid.no/domenenavnbaser/domreg.html)

How do you not immediately make the connection and see that by buying the very same thing in the very same brand is really pretty much the least speculative investment around and you are giving yourself an opportunity very few could dream of...

Last edited by 555; 24th April 2011 at 03:24 PM..
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Old 24th April 2011, 07:41 PM
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Re: 11 years old but interesting read and possibly more relevant then ever before

I am not sure he is talking about IDNs themselves, More like MDNs.

Looks like English translits.

knopka.com - button (russian)
klubnika.com - strawberry (russian) - regged in 2000
zona.org Generic word in many languages.

Last edited by DktoInc; 24th April 2011 at 07:50 PM..
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Old 29th April 2011, 11:20 AM
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Re: 11 years old but interesting read and possibly more relevant then ever before

Certainly no IDNs. Goldnames arrived with a bang, and then disappeared pretty soon after. Probably "took the money and ran" as it were.
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