TechCrunch See’s Huge Value In Very Short Domains

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A blog post yesterday in Tech Crunch, asks the question of how valuable short URL’s are, based on a Twitter society where shorter is not only better, but necessary.

The post pointed out the fact that bit.ly just got $2 million dollars in for 20% of the company, placing a value on the company of $8 million.

“”””In a world where everything is being jammed into 140 characters or less, shorter is better. That goes double (or is it half?) for lengthy URLs. So-called URL shortening services are increasingly becoming indispensable to anyone who uses Twitter. It is the only practical way to share links on the service.””””

So according to TechCrunch any two letter domain with a two letter country code has value if you use it as a URL shortening service.

Guess a one letter country code domain, would even be better.  I remember seeing one of those go at a TRAFFIC auction last year for a lot less than $2M, actually I think it was like $3,000.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Avi says

    hello,
    since last year i have been begging to sell off the domain name: in.vc – which is acronym for India’s Virtual Community but seems nobody’s interested.
    Even sedo, bido & ricklatona denied listing of that domain in their premium lists while premiumdomain & afternic gave me a premium domain certificate and a marketplace to sell it. Im totally confused.
    this proves that your theory is wrong. The domain “in” means india, internet, international and its short too but no buddy is buying it. do you have any suggestions for me in this regards? should i keep it for long term till i find a buyer or just develop it and prove all the people who didnt want buy it as they were totally wrong in their opinion.
    thanks

  2. MHB says

    Avi

    First of all this is not my theory but the author of Tech Crunch.

    Second, what the the price your putting on the domain?

  3. Avi says

    hi, i saw 2 letters going for $12.5k at domain marketplaces but i asked only for $3k which was merely very small amount and a reseller could afford to sell at higher rates too. but still there is no demand!

    tell me what you think could be a good price for selling it? i want to sell it urgently.
    thanks