Earlier quoted context omitted.
I think pg sums it up the best: http://www.paulgraham.com/name.html "The problem with not having the .com of your name is that it signals weakness. Unless you're so big that your reputation precedes you, a marginal domain suggests you're a marginal company." I'd say there's a few major reasons: protecting the name and signaling we're a real company to larger corporations. For us, we also host websites that allows JS/…
Whew, that is the sentiment of a true plutocrat and elitist. You're weak unless you're rich and pay to rent in the good part of town. Sure, it's desirable to look serious to commercial partners and investors, but mostly it's an Internet branding tax. Most of your customers will Google your site.
that's not the "sentiment of a true plutocrat and elitist" at all-- it's the sentiment of a realist. and what is a "true plutocrat", anyway? sounds like some "no true scotsman" / eye of the holder bs to me, honestly.