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September 15, 2015

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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.

NamePros Auctions Raise Money for Medical Emergency - Nominations Open for Domainer's Choice Awards + Domains Loom Large at Medium.com

I have several things to share with you today. First, I got a note from NamePros.com forum administrator Eric Lyon telling me about a dire medical situation involving the wife of veteran domain investor Rami Steitiyeh. Unfortunately dire medical situations also often create dire financial circumstances, creating a disastrous double whammy for those involved, and such is the case here. The bottom line is Rami's wife is battling a potentially fatal Hepatitis C infection that will cost well into six figures to treat. Rami shares all of the details and documentation on this page at GoGetFunding.com. 

In addition to the crowd funding effort and taking out a large bank loan, Rami is trying to liquidate his entire domain portfolio as soon as possible to raise funds needed to help meet the medical

Rami Steitiyeh and his wife in happier times.
(Profile picture from Rami's 
Facebook community page)

bills. With his wife's condition deteriorating daily, time is of the essence. That's why the NamePros forum stepped in and offered to run a series of live and standard auctions (with no commissions or auction fees of any kind of) to expedite the effort. If you are in a position to help with any of the fundraising efforts or by simply spreading the word, the Steitiyeh family could certainly use that help now.

On another front, the Domainer's Choice Awards are officially back for 2015 with nominations for this year's award having opened today. You will find the complete list of 2015 Award categories here (and you can see a list of 2014 winners here). 

All nominations have to be in by October 1, 2015 and you must register during the nomination stage if you want to vote in the final balloting to choose the award winners. The final voting will be handled by a third party company - Votenet.com - who requires a list of voters before the election itself goes live. To compile that list your email address will be

needed when you place your nominations but DCA promises your information will never be released to any third party for advertising purposes. 

One final note, Morgan Linton, the FashionMetric.com Co-Founder who will be the keynote speaker at THE Domain Conference later this month, has authored a new article on domains that is getting a lot of attention at Medium.com. The piece, titled "What Every Startup Founder Should Know About Buying Domain Names" is aimed at one of the most active groups of end users (highly desired buyers that sellers want to reach most because end users will typically pay more to get a particular name for their enterprise than less motivated buyers will).

This is the kind of comprehensive well-written  educational piece - distributed on an a very widely read platform -  that is a huge help in building a better understanding of the high inherent value of quality domain assets in the mainstream business community. It is one worth bookmarking and sharing with potential buyers who, like all smart buyers, want to know they are making a good purchase decision based on sound business principals.

Morgan Linton
Co-Founder, FashionMetric.com

For inexperienced buyers, knowing how to buy a name is just as important as knowing what to pay. To many, buying on the aftermarket appears to be a very arcane and daunting process but Morgan addresses how to do that as well in an article that will be referred to over and over for a long time to come.

(Posted September 15, 2015) 


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