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August 27, 2012

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Directi Co-Founder (and Founder/CEO of Skenzo) Divyank Turakhia Featured on Bloomberg's UTV  Network in India

We profiled Directi Founder and Skenzo Founder/CEO Divyank Turakhia in our September 2008 Cover Story and featured his company in our latest monthly newsletter (in a guest 

article called Inside Directi's India Based Domain Empire written by Gregg McNair). Turakhia is constantly on our radar screen because he (and his brother/business partner Bhavin) have created not only one of the most important companies in the domain industry, but one of the fastest growing technology companies in all of Asia. Deloitte & Touche has ranked Turakhia's companies among the Top 50 Fastest Growing Technology Companies in India and Top 500 Fastest Growing Companies in Asia for the past four years in a row.

As a result, the 28-year-old Turakhia has become an increasingly important mainstream business figure in India (Directi headquarters are located in Mumbai). That fact was underscored when Bloomberg's powerful UTV network put him on the air to discuss changes required in the Indian government's forthcoming budget for 2010.

Above and below: Screen captures of Divyank Turakhia 
from business giant Bloomberg's UTV Network in India

As McNair noted in the article he wrote for our newsletter, people outside of India would be stunned by the size and potential of the operation Directi has built in Mumbai. As just one example, McNair described his first visit to the company's new 7-story headquarters building this way, "Spread across 120,000 square feet, the Directiplex has a capacity of 1,500 seats and amenities that rival any contemporary Western IT business. From a staff restaurant employing highly credentialed chefs to a staff gaming room to a bowling alley in the soon to be completed basement, the staff in this company enjoys working conditions to be envied by most employees anywhere on this planet!"

If the domain industry eventually makes the breakthrough in mainstream business world recognition that many of us believe it one day will, odds are Turakhia and Directi (a company valued at more than $300 million) will be largely responsible for that.

Elsewhere today, Verisign has released their latest Domain Industry Brief, covering the 4th quarter of 2009. The report says The Internet added 11 million domain name registrations in 4Q/2009 sending the total number of active registrations in all extensions past the 192 million mark at the end of 2009. That represents an increase of 15 million registrations over the number in effect at the end of 2008 - a year over year growth rate of 8.5% in the middle of a severe recession.

The overall base of .com and .net domain names (the extensions operated by Verisign) grew to 96.7 million at the end of 2009, a 7% gain over the same quarter in 2008. There are many more interesting facts in this always useful quarterly report, so take some time to read it in its entirety.

Finally, I wrote last Thursday that my wife, Diana, and I were on our way out of town for an extended weekend mini-vacation (my way of making up for being away at domain conferences for three of the previous four weeks). Now that we are back I thought I would share some photos with you and let you know how it went. We took a trip to our favorite Central Florida resort town, Mount Dora, a charming place we first visited last July. This was the third time we've been back since that initial visit seven months ago.

 

Inexpensive horse and carriage rides are just one of the many delights to be found in Mount Dora. The photo above shows the carriage that Diana and I, along with T.R.A.F.F.I.C. Co-Founder Howard Neu and his wife Barbara had just stepped off of at the Lakeside Inn after driver Jason had given us a historical tour of the scenic town located at the foot of rolling hills (very unusual for Florida!) that rise up from the eastern shore of Lake Dora. We have raved so much about Mount Dora in the past that the Neus decided to drive up from Miami and meet us there for the weekend.

(Left to right in the photo above): Barbara Neu, Howard Neu, Ron Jackson and Diana Jackson.

One reason we wanted to go on this particular weekend was that Renningers was holding one of the biggest outdoor antique sales in the Eastern U.S. on a huge expanse of land they own just outside of Mount Dora. Diana once owned her own antique store and Barbara has also been bitten by the antiquing bug so they were both psyched up for this sale.

Above: A tiny fraction of the crowd that grew into the thousands by the end of 
opening day of the 3-day Renningers Antique Extravaganza in Mount Dora Friday. 

Below: Barbara and Diana check out one of the antique dealer's wares.

In addition to the antiquing we visited some excellent restaurants (the Goblin Market really stood out), Mount Dora's lakeside nature walk (taken on an elevated boardwalk that cuts through the dense tropical foliage) and the Lake Dora waterfront at sunset. 

Above: Barbara and Howard Neu on Mount Dora's nature walk.

Below: Sunset on Lake Dora.

Diana and I had to leave Mount Dora Saturday afternoon to attend a wedding but the Neus were so smitten with Mount Dora they refused to leave! They changed their plans and stayed over another night to enjoy concerts that were going on as part of an annual music festival there. When we got back to Tampa Saturday night, the two new converts were still in Mount Dora listening to 60's band Gary Lewis & the Playboys playing on an outdoor waterfront stage at the Lakeside Inn.

We all enjoy the domain business so much that it is hard to tear yourself away from it (neither Howard nor I probably would have taken the break without our wives' gentle persuasion), but excursions like this remind you that there is more to life than a computer screen, PPC stats and a registrar account!  

(Posted Feb. 22, 2010)


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