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Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

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Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#61
post #6

I have sympathy for Kneen, but do we really, as a society, benefit from people that buy useful domains and then sit on them for 16 years while doing nothing with them?

Same could be said about real estate or any kind of assets in that matter. Thesaurizing isn't and shouldn't be illegal, this is a cornerstone to the right to personal property.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#62
post #48

I think many of us have been looking for an available domain for a site and found all of them registered years before and parked since then. The normal way to proceed is look for another name and try again. Mehta is doing it wrong. However I don't like the general idea of squatting, also on domains. I'd be happy if there was an easy way to prevent it. Somebody suggested incremental renewal fees for unused domains, bu…

If you define "unused" domain as "doesn't have a working website associated to it" then this definition is (imo) wrong. The internet is more than just websites. I have several domains that don't have any websites associated with them, but I still use them for things such as email, hostnames, etc.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#63
post #41

Earlier quoted context omitted.

Is it society that would be benefiting from Harsh taking away Keen's domain? Or is it Harsh? By defining the benefit as being to "society" one might sound noble while masking the reality: Harsh is attempting to steal Keen's domain name in a sleazy and opportunistic fashion. Defining this kind of hijacking as a benefit to society is misdirection at best.

I'm absolutely not trying to defend Harsh Mehta's tactics. I'm just trying to start a conversation about the value of Kneen's sitting on a domain name he isn't using for 16 year.

It doesn't matter how long Kneen has sat on his domain. The only reason the domain has value is because Kneen found it worth registering, and Harsh now wants it. If Kneen had registered www.:-mgpdgwcpdgw.con instead, he'd have been perfectly in his right to do so, and no one (presumably) would be interested in taking his domain. So why should someone else get a chance to take it away just coz he wants to? As long as there is no company called workbetter, the domain might as well be gibberish, and gibberish.com is not valuable to society.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#64
post #28

The unfortunate thing about the case is that both parties are Internet natives and, Mehta especially, part of the startup ecosystem. What the fuck does this mean?

It's an odd statement, but I guess it means the author thinks they (or one of them) should know better.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#65
post #6

I have sympathy for Kneen, but do we really, as a society, benefit from people that buy useful domains and then sit on them for 16 years while doing nothing with them?

When we can't afford to buy something, do we then say that the seller is "sitting" on the product?

I would like to buy a cottage on the lakeshore, but the owner (who doesn't use it) won't sell it to me at the price I would like to pay. Perhaps I should sue him?

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#66
post #33

Earlier quoted context omitted.

isnt the renewal fee already enough "tax"?

No, the renewal fee is fixed. The comment you're responding to suggests taxation on an appraised value. If you're sitting on a domain name for which there are documented offers of, say, $100,000, an appraised tax would assess you annually N% of $100,000.

Sell me your domain for 5000 or I'll offer 100000...

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#67
I've also been sitting on a bunch of domainnames; all with the interest of "maybe some day" projects. One can hardly call that cybersquatting. It is, however very frustrating these days, .com is still king and for example I had whole dictionaries running for my keyword*.com -- and surprisingly enough, even the most insane combinations were taken. Ofcourse, selling a premium domain once in a while for 15k, makes it possible to hog 100's of other domains. Regardless of this frustrating setup, as it is now, I still prefer it over some kind of regulated way where people can just steal away your side-project's old domainname, just because they trademarked it. It's the wild west, yes for sure, but often, still it's better then an over-regulated state.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#68
post #33

Earlier quoted context omitted.

No, the renewal fee is fixed. The comment you're responding to suggests taxation on an appraised value. If you're sitting on a domain name for which there are documented offers of, say, $100,000, an appraised tax would assess you annually N% of $100,000.

Sell me your domain for 5000 or I'll offer 100000...

We manage to assess real estate without running into those problems. It definitely wouldn't be an easy policy to enact.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#69
post #56
post #52

Purchasing domain names is the most frustrating experience. Why there is no transparent market is beyond me. Mehta's tactics are clearly abusive, but if someone was holding onto a domain name for 16 years and not doing anything with it is more infuriating to me. There really needs to be a use it or lose it policy.

What other property rights should be under your "use it or lose it proposal"? Land? Housing?

We indeed do that with land and housing, aka real estate: https://en.wikipedia.org/wiki/Adverse_possession

But the Internet landscape is very different and less finite in nature.

Re: Startup Sues a Domain Name Owner to Grab a 16-Year-Old URL

#70
post #56
post #52

Purchasing domain names is the most frustrating experience. Why there is no transparent market is beyond me. Mehta's tactics are clearly abusive, but if someone was holding onto a domain name for 16 years and not doing anything with it is more infuriating to me. There really needs to be a use it or lose it policy.

What other property rights should be under your "use it or lose it proposal"? Land? Housing?

For the life of me every time this issue comes up there are people who end up saying the same thing as what you are replying to.

That is that it's just so unfair and unjust that the name they want was purchased by someone before them and that they can't use it or buy it cheaply or at all. [1] I don't know why people seem to think the Internet is different than other ways people make money buying and selling. For example coin collecting, art work, wine to name only a few things. And of course land and housing as you are mentioning.

[1] Try buying a domain name from google or a host of large "we don't need any more money" type of companies. You will learn to love anyone who is in the business of actually selling the domains that they own because given the right offer they will at least sell those names to you.

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