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Park.io – automating tasks to make $125k per month

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Re: Park.io – automating tasks to make $125k per month

#81

Post by mzarate06 »

jondot wrote: post #64

I might get downvoted for this, but here's a story. We just finished picking a brand name, after 2-3 months of intensive work. Being fond of .io's I naivly googled my .io, and found that park.io owns it - this happened last week. I immediately sent an email to inquire. We considered the price, and then when I came to buy it today, a week after, the price is tripled. This was a fixed price domain, NOT bid. That's clev…

That's clever price manipulation. Detect when someone wants something ... triple the price.

Some aspects are different, but reminds me of a similar tactic Network Solutions pulled back in 2008 wrt to listening to domain name searches then raising their price: https://techcrunch.com/2008/01/10/network-solutions-using-qu...

Re: Park.io – automating tasks to make $125k per month

#82

Post by giarc »

shostack wrote: post #71
ca98am79 wrote: post #67

Earlier quoted context omitted.

It is growing fast - avg of last 3 months is $125k. Yes it is revenue, not profit

Might I ask why you are trying to cash out so quickly? Do you not feel the business is sustainable?

Everyone's motivations are different, but seeing as though domains are always going to become available, it seems like a cash cow that requires minimal upkeep.

Re: Park.io – automating tasks to make $125k per month

#84

Post by dang »

asdfologist wrote: post #77
dang wrote: post #73

Earlier quoted context omitted.

I agree with you on the prevalence of envy in human nature (the real "hn" at work here), but using this community to diss the rest of the community is reliably a marker of a bad comment on Hacker News. Picking "humblebragging" and "prove that they're superior" as the points of dissage seems extra ironic. We detached this comment from https://news.ycombinator.com/item?id=12576182 and marked it off-topic.

So your solution to these problems that I raised is to sweep them under the rug.

You didn't raise any problems; you postured above others. I don't know if the bottom of the thread counts as 'under the rug', but it's a reasonable place for that sort of comment, since it's so off-topic, common, and generic. (I'm talking about just the second paragraph btw.) Snark is also deprecated.

I understand how frustrating HN can sometimes be, and how easy it is to get stuck on a picture of the community as a super-annoying arch-enemy, but it's incongruent to use HN to comment that way, since if you're commenting here, you're as much a part of the community as anyone else is.

Re: Park.io – automating tasks to make $125k per month

#86

Post by rtb »

20years wrote: post #35

I don't understand some of the negative comments here. This guy built a million dollar business in a year providing a service that people want to pay for. He did it all on his own with no other co-founders or employees. I say "Congrats!"

> This guy built a million dollar business in a year providing a service that people want to pay for... I say "Congrats!"

More like, this guy built a million dollar business that arbitrages the DNS renewal system by squatting desirable names that he has no plans to use, then rent-seeking from those who do want to use the names. This is not a value-creating enterprise, but a zero-sum trader making money by taking it from other people.

I say "why don't you take that ingenuity and use it for something productive."

Re: Park.io – automating tasks to make $125k per month

#88

Post by nojvek »

victor9000 wrote: post #80
20years wrote: post #35

I don't understand some of the negative comments here. This guy built a million dollar business in a year providing a service that people want to pay for. He did it all on his own with no other co-founders or employees. I say "Congrats!"

I think it has more to do with the fact that we've all wasted countless hours cycling through domain names only to encounter landing pages from squatters like park.io.

Squatters are the ultimate douchebags of the Internet era. I there should be some sort of tax for squatting a domain name. I.e first 10 domains names are cheap then they get expensive.

Re: Park.io – automating tasks to make $125k per month

#89

Post by [deleted] »

proksoup wrote: post #36
ca98am79 wrote: post #26

Earlier quoted context omitted.

Haha yes - that's my new religion based on consciousness. I thought there needed to be more innovation in religion, so I started one

As far as religions go it doesn't seem too bad at first glance. I like it. My current favorite quote about religion is from the pianist Seymour Bernstein (in the latest Documentary about him, from Ethan Hawke, titled "Seymour: An Introduction): "I don't call it god, I call it a spiritual reservoir. Most people don't tap that resource of the god within. What upsets me about religion is that the answers always seem to…

[deleted]

Re: Park.io – automating tasks to make $125k per month

#90

Post by csallen »

victor9000 wrote: post #80
20years wrote: post #35

I don't understand some of the negative comments here. This guy built a million dollar business in a year providing a service that people want to pay for. He did it all on his own with no other co-founders or employees. I say "Congrats!"

I think it has more to do with the fact that we've all wasted countless hours cycling through domain names only to encounter landing pages from squatters like park.io.

park.io is not at all a domain squatter. Read the other comments on this page: https://news.ycombinator.com/item?id=12575992

EDIT: Or just ignore the facts and downvote emotionally.

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