In 1995, Richard Lau registered several domain names that he simply thought were cool, but never considered would be worth thousands of dollars. His portfolio attracted the attention of Microsoft, who tentatively agreed to pay $9,500 for one of his domains. That gave him an inkling he was on to something big.
Later, after spending 80 hours per week building one of the first 30 domain name registrars in the world, he was faced with stage A colon cancer and a series of unfortunate business liabilities.
In this biography, Richard Lau discusses how he learned the industry, tells some fantastic stories, and provides guidance to others that are just starting out.
April 1, 2013
More than 500,000 businesses are registered in the United States every year, with magnitudes more being contemplated and planned. As technology advances, more and more businesses are focused entirely online or at least need to be found online.
What do startups and entrepreneurs need to know about domain names? Find out in this interview with domain name veteran Steve Jones, including:
* The trends of premium domain name pricing and desirability
* Options for determining domain name valuation range
* The best way to initiate negotiations with a domain name owner
* Options for buying the “best” domain name for your business, product or service
* Why domain name owners are not motivated, and what to do about it
* Alternatives to premium domain names, including country codes and domain hacks
April 9, 2012