For those of you who did not have a chance to visit the Bido chatroom today, I went ahead and saved the log. I definitely had a great time being a Bido guest speaker and plan on doing it again in the near future. Not only was I able to share some of my experiences, I was also able to network with other domainers. It was a win win situation for all parties involved.
Welcome back!
[09:59] Art: Hi all
[09:59] Art: Jason, thx for being here
[10:00] Art: here we go…
[10:00] gentlesavage: @sanbio do you use whitelabel or banner ads with VS?
[10:00] Art: Please welcome Jason Thompson of Discredit.org, our special guest
[10:00] Jason Thompson: Hello
[10:01] Art: Jason Thompson, how long have you been in the domaining business?
[10:01] Sahar: hi guys
[10:01] Jason Thompson: I’ve been in the industry for around 10 years on and off.
[10:01] Art: hi Sahar
[10:01] sanbio: Whit label
[10:01] Jason Thompson: hey Sahar
[10:01] sanbio: white
[10:02] Jason Thompson: So since I was 18.
[10:02] Jason Thompson: 
[10:02] Art: Jason, what go you started?
[10:02] sanbio: @gentlesavage call them and get a rep
[10:02] gentlesavage: I did
[10:02] Jason Thompson: I initially wanted to create a search engine.
[10:02] Jason Thompson: With the likes of yahoo and others at the time
[10:02] Jason Thompson: getting a great deal of media attention
[10:02] Art: Is that someting you are still interested in?
[10:03] Art: could be rather lucrative
[10:03] Hinc: Howdy
[10:03] Jason Thompson: Definitely, but I realized over time I have more fun starting projects then finishing them
[10:03] Jason Thompson: 
[10:03] Jason Thompson: Domaining is perfect for me
[10:03] Art: Domaining is now your primary source of income?
[10:04] Jason Thompson: I also run a graphic design business which helps supplement my domain addiction
[10:04] Art: each of those businesses could help each other
[10:04] Jason Thompson: Definitely they’ve proven to go hand in hand
[10:05] sanbio: <—- away
[10:05] Art: start a dev shop and you are all set
[10:06] Art: Jason, what is your background (pre domaining, that is)?
[10:07] Jason Thompson: I hold a BS in Computer Information Systems
[10:07] Jason Thompson: I come from the IT industry
[10:07] Jason Thompson: mainly systems integration and networking
[10:07] Art: That is pretty handy in this industry
[10:08] Jason Thompson: I am actually prepping for law school soon
[10:08] Art: Do you do any development of your domains?
[10:08] Art: that is interesting
[10:08] Jason Thompson: The main domains that I develop are forum based
[10:08] Art: we have a few lawyers who are Bido memebers
[10:08] Jason Thompson: www.talkwebhosts.com is a domain I used to own
[10:09] Jason Thompson: I sold it to the maker’s of client exec a well known hosting billing panel
[10:09] Art: So it’s no longer a forum site?
[10:09] Jason Thompson: it now serves as a redirect
[10:09] bemarnet: Hi all
[10:09] Jason Thompson: for one of the largest hosting forums out there
[10:10] Art: bemarnet, hello
[10:10] Jason Thompson: that was my first x,xxx sale
[10:10] Art: nice
[10:11] Art: Jason, what are some of the domains you own?
[10:12] Jason Thompson: A few of my favorites are creditnews.us
[10:12] Jason Thompson: anxietytalk.net
[10:13] Jason Thompson: discounttalk.com
[10:13] Jason Thompson: nbaforum.info
[10:13] Jason Thompson: sportsmagazine.us
[10:14] Jason Thompson: starcrafttalk.com
[10:14] Art: are any of them developed at the moment?
[10:14] Jason Thompson: not at the moment
[10:14] bemarnet: as I can see, you are a great fan of .us
[10:14] Art: creditnews.us - could be a good time for that one
[10:14] Jason Thompson: definitely
[10:14] Jason Thompson: i get most of my domains off of drop lists
[10:15] Jason Thompson: creditnews was one of the lucky ones
[10:15] Bido: Current bid: US $22.00
[10:15] Art: any specific extensions that you favor?
[10:15] Jason Thompson: I tend to like .us and .info
[10:16] Jason Thompson: because it provides for a better selection of available premium names
[10:16] Art: that’s true
[10:16] Art: you see alot of growth potential in .us in the coming years?
[10:17] Jason Thompson: I do see a great deal of potential in the .us extension
[10:17] Art: All, any questions for Jason, please fire away…
[10:17] bemarnet: how do you see the potencial of .us?
[10:18] Bido: Current bid: US $32.00
[10:18] Jason Thompson: As far as the .us extension is concerned I see the potential for both geo and categorey killer based keywords.
[10:18] Jason Thompson: If you focus on those two targets the potential is limitless
[10:19] Art: Jason, other than .us, what other ccTLDs do you like?
[10:19] Adnan: how you see .in or .co.in domains
[10:19] Jason Thompson: i think .in will have its day
[10:20] Jason Thompson: its a little soon to tell thus far
[10:20] Adnan: far future or near future
[10:20] Jason Thompson: near future
[10:20] Art: Jason Thompson, do you own any .co or .co.ins?
[10:20] Jason Thompson: i used to own a .co.uk
[10:20] Jason Thompson: that’s when I was developing a site named clubberlist
[10:20] Adnan: I registered scary.in not sure if it has any value though
[10:21] Jason Thompson: i think that is a great domain name
[10:21] Jason Thompson: but then again i feel to take advantage of .in
[10:21] Jason Thompson: you need to focus in on the region
[10:21] Jason Thompson: too many generic domain names are being registered for .in which have little to no substance
[10:21] Jason Thompson: as the india’s economy grows
[10:22] Jason Thompson: so will the in extension
[10:22] Adnan: will you explain a bit “region” or geo
[10:22] Jason Thompson: sure
[10:22] Jason Thompson: When you zone in on the region of an extension
[10:22] Jason Thompson: lets say for .us
[10:22] Jason Thompson: it can be anything from a particular landmark
[10:22] Jason Thompson: to the section of a city
[10:23] Jason Thompson: and for me a street name
[10:23] Adnan: i have a domain myny.us, does it fall in your region definition?
[10:23] Jason Thompson: it does with the exception of my
[10:23] Jason Thompson:
[10:23] Adnan:
[10:23] Jason Thompson: i own 4ny.us
[10:23] Adnan: cool
[10:23] Art: Jason, how about .mobi? You a fan?
[10:23] Jason Thompson: i am a fan of .mobi when it comes to his music
[10:24] Jason Thompson: hehe
[10:24] Jason Thompson: and maybe the book
[10:24] Art: ha ha
[10:24] Adnan:
[10:24] Jason Thompson: other than that i don’t see .mobi going too far
[10:24] Val: Hello
[10:24] Jason Thompson: Hi Val
[10:24] Art: In some parts of the world, many people have web enabled phones
[10:24] Art: and no pcs
[10:25] Jason Thompson: Very true
[10:25] Val: not Val here today, her husband. Is that ok?
[10:25] Jason Thompson: then the extension should be .web
[10:25] Jason Thompson:
[10:25] Jason Thompson: haha
[10:25] Art: sure, “Val”, welcome
[10:25] Jason Thompson: there is something about the 4 letter extension
[10:25] Jason Thompson: which throws domains off for me
[10:25] Jason Thompson: less conventiant
[10:25] Jason Thompson: conveniant
[10:25] Val: my name is Algis sorry for this confussion, I was thinking making another account just for a chat would be too much.
[10:26] Art: Not a problem, Algis
[10:26] Val: is there a chance to register .con ?
[10:26] Art: got any questions for Jason?
[10:26] sanbio: I do
[10:26] igar2k: yeah, jason, what do you think about IdentitySearch.us or IDSearch.us?
[10:27] sanbio: Jason how did you start your network of buyers>
[10:27] Jason Thompson: I will answer sanbio’s first
[10:27] Jason Thompson: and igar second
[10:27] Jason Thompson: sanbio as far as the network of buyers
[10:27] Jason Thompson: i started a blog
[10:27] Jason Thompson: called discredit.org
[10:28] Jason Thompson: i literally purchased this domain name from a user on namepros because it is easy to remember and represents my writing style
[10:28] Jason Thompson: after frequently posting on the blog
[10:28] Jason Thompson: and connecting with a few other domainers with blogs
[10:28] Jason Thompson: i received a small following
[10:28] Jason Thompson: which i shop my domains to
[10:28] Bido: Current bid: US $32.00
[10:28] Jason Thompson: in addition to posting on both dnforum, domainstate and namepros
[10:29] Art: Do you sell your names on any other venues, like say, Bido?
[10:29] Jason Thompson: I have submitted a few domains into bido
[10:29] Jason Thompson: but none have received a response ;0
[10:29] Jason Thompson: i did sell a domain name to buydomains.com
[10:29] Art: The selection process can be rigorous
[10:29] Jason Thompson: the domain televise.org
[10:30] Art: Jason, what was your best purchase?
[10:30] Jason Thompson: There have been a couple
[10:30] Val: This is complicated. Bido don’t want low amount names listed, cause it gives low commissions. And users dont’ want to submit expensive games and gamble if it will bid up high or not
[10:31] Val: not sure how you call this circle in English
[10:31] Jason Thompson: I have registered stockmarkettalk.com
[10:31] Jason Thompson: and proxynames.com
[10:31] Jason Thompson: those were my two favorites
[10:31] Jason Thompson: which i no longer own
[10:31] Val: I suppose art was asking about the names you purchased on aftermarket, not hand registered
[10:32] Art: either way
[10:32] Jason Thompson: I don’t really purchase domain names on aftermarket
[10:32] theoretical: how do I submit domains to bido if I own multiple extensions/variations and I want them to be sold as a pair/group?
[10:32] Sahar: Val, we’re not concerned about low amount names right now. Our main concern is to make sure things work and dont break, that market decides, and that auctions get extreme exposure within the community to command the most they will today. It doesnt matter if name goes for 30$ or 3K, as long as the rest fits well.
[10:33] Val: Sahar I can say that getting things work and dont break is accomplished. It’s time to get serious names and buyers on bido.
[10:33] Adnan: Jason Thompson, how will be a domain like citydirectory.cctld
[10:34] Art: theoretical, we aren’t yet set up for selling pairs
[10:34] Sahar: Val, we can only deal with what is being submitted. If the community want better names they should submit them.
[10:34] Art: but stay tuned
[10:34] Val: after all users are interested in good deals and not stable backend. from users perspective
[10:34] Jason Thompson: Adnan I think city directories are great investments
[10:34] Jason Thompson: are you currently working on one?
[10:34] igar2k: I agree with Sahar
[10:34] Val: Sahar you think names like FitnessVacation.net or YogaVacation.net are ok for bido?
[10:35] Adnan: will you repfer .com or cctld when the doamin name is in the language of that country
[10:35] Sahar: Val, i dont know, im not the one deciding
[10:35] Sahar: you can submit and see
[10:35] Jason Thompson: i prefer the .cctld
[10:35] Bido: Current bid: US $36.00
[10:35] Val: I am just asking for your own opinion if I may
[10:35] ZandyMan: Sahar, can you share the decision making process in terms of what names are accepted?
[10:35] ZandyMan: is it done by 1 person, by committe? are certain extensions given preference?
[10:35] Adnan: i am interested in above question too
[10:35] Sahar: I have no opinion on this really, it’s not what I do or good at, evaluating domains
[10:35] ZandyMan: Big up everyone by the way
[10:36] igar2k: ok, talking about the change of .co.in, and now .in taking hold… how do you see .com.mx fairing against its new .mx branding? This is for Jason
[10:36] Sahar: ZandyMan, bido team.. few decide, not one person
[10:36] Art: theoretical, please email me about your question (art@bido.com)
[10:37] Art: The commitee has a little cabin behind Bido hq
[10:37] ZandyMan: Sahar, did you see yourself with hair this morning? That pic was hilarious
[10:37] Sahar:
[10:37] Art: we know they’ve decided on a name when the black smoke comes out of the chimney
[10:37] Jason Thompson: Whelp
[10:37] Sahar: ZandyMan, i saw.. its funny pic!
[10:37] Val: is bido team working on salary or percent from bido % from sales or for idea?
[10:37] Jason Thompson: .mx will definitely take a great deal of potential away from .com.mx
[10:37] theoretical: art - will do
[10:38] Art: Jason, are you more of a buyer, seller, or holder of domains?
[10:38] Jason Thompson: I tend to hold onto my domain names
[10:38] Art: waiting for the right buyer?
[10:38] Jason Thompson: both waiting and developing are my main objectives
[10:38] Val: .mx will be a lesson to people who invested like mad in .com.***
[10:38] Sahar: In any event, Bido is evolving to serve the community better. We don’t like the process of us choosing what goes to auction just as much as any of you. So, things will change, and its in the works. It takes time though to work thigns out as we’re very tech driven, that is, a change has to be platform wide. So it takes a little longer, but it wil lbe done right.
[10:39] Art: Jason, how many domains do you currently have in your portfolio?
[10:39] Val: Sahar, just put it to a vote between submitted names. And allow relisting of names. making it social for what you want or don’t want
[10:39] Jason Thompson: I own just over 70 domain names currently
[10:39] Val: so say this Friday we vote for a name that will be up next Friday
[10:39] Val: if that makes sense
[10:40] sanbio: Can I ask a question please
[10:40] sanbio: ?
[10:40] Jason Thompson: sure
[10:40] Art: please do!
[10:40] Sahar: Val, we thought of that but its short term solution as we’re working hard on opening the platform. Resources, as with any company, are limited. Our focus is on whats most important and that is, opening the platform for multiple auctions and later for individuals to control their own auctions.
[10:40] ZandyMan: Sahar, I like that Bido picks the names…I just think some people don’t understand why some names are picked and others are not
[10:40] sanbio: I just started www.dnlivebid.com to build a community through video chat. WHat are your thoughts on that?
[10:40] Bido: Current bid: US $40.00
[10:40] ZandyMan: there seems to by no rhyme or reason
[10:40] Jason Thompson: I can tell you that the next step in domaining is video
[10:41] sanbio: I think so too Jason
[10:41] Jason Thompson: It’s interesting that you actually have gone that route sanbio
[10:41] sanbio: I would sure like your contact info
[10:41] Jason Thompson: you are definitely ahead of the curb with that
[10:41] Art: What do you mean by video? Live auctions?
[10:41] Sahar: ZandyMan, we can only pick from what is being submitted. Sometime in short period better names submitted, sometime the inventory is really bad. So you see few good days, few bad days, etc.
[10:41] Val: we were seriously considering buying videoblogs.com 2 years ago. but decided against it
[10:41] sanbio: Stickam offers video chat for fee that you can embed
[10:41] Jason Thompson: Art video used in many different implementations
[10:42] sanbio: free
[10:42] sanbio: I meant
[10:42] Jason Thompson: sanbio sure check my bio
[10:42] Art: but as far as domaining goes?
[10:42] sanbio: Tx Jason;)
[10:42] Jason Thompson: my information is there for you feel free to shoot me a domain name
[10:42] Jason Thompson: woops an email
[10:42] Jason Thompson:
[10:42] Sahar: Jason Thompson, we had one day a video here on Bido, it went great! This was when Rick Schwartz was on. We will do more of those.
[10:42] Sahar: Matter of fact, I just saw the name that will go on later today on Bido, talking about videos, you guys gonna like this one.
[10:42] sanbio: stickam.com is free Sahar
[10:42] Jason Thompson: Video in domaining has yet to really develop much
[10:42] Jason Thompson: Sahar that’s a great move
[10:42] sanbio: millions of viewers
[10:42] Val: Sahar, you have plans to develop a platform similar to sedo? name auction, focused not just on regular users but domainers as well. if you do - we can cooperate on creating that probably
[10:43] Hinc: Sounds like a brill idea Val, im sick of sedo lol
[10:43] sanbio: Anyway my dnlivebid.com is an idea
[10:43] sanbio: I think it would work for Bido too
[10:44] Art: Jason, what do you think of the state of the domain market today?
[10:44] Val: there is no good platform at this time. sedo, new namedrive ndx, afternic, tdnam. missed a good niche solution
[10:44] Val: even snapnames have weak points
[10:44] Sahar: Val, we’re very different than sedo and plan to stay that way. By end of year the picture should be clear of where we’re going with bido.
[10:44] Jason Thompson: I think the state of the domain market today reflects that of the real world markets
[10:44] Hinc: Indeed
[10:44] Jason Thompson: currently I have noticed a decline in domain purchases
[10:44] sanbio: BIDO is a good business model
[10:44] Val: Sahar, I am not talking about bido. but another startup. separate project
[10:45] Jason Thompson: as well as the prices that domains are going for
[10:45] Jason Thompson: people have less money to spend on domaining
[10:45] sanbio: I agree Jason
[10:45] Art: it’s a good time to buy then
[10:45] Jason Thompson: definitely
[10:45] sanbio: I am buying like crazy
[10:45] sanbio: Bought 500 i past two weeks
[10:45] Sahar: Val, we’re not building any other auction platform right now.. if thats the question. No interest either, need to stay on track with what we have started
[10:45] Jason Thompson: there are some great domains dropping daily
[10:45] sanbio: Jason I agree
[10:45] Jason Thompson: the domaining industry is like realestate
[10:46] sanbio: I picked up elosangeles.net
[10:46] Art: Yeah, I suppose people who are short on cash let the name registrations go
[10:46] sanbio: for $9
[10:46] Jason Thompson: east los angeles nice
[10:46] Jason Thompson:
[10:46] Art: good one
[10:46] Hinc: Just submitted some domains for a potential Bido debut
[10:46] sanbio: If it sells for over $1K I am happy
[10:46] Jason Thompson: i say it will go for mid xxx to low x,xxx
[10:46] Art: Good luck, Hinc
[10:46] Jason Thompson: good domain name indeed
[10:46] Art: Jason, where to you see the domain name industry going over the next few years?
[10:47] Jason Thompson: Right now major industry players are dictating this market
[10:47] Art: How so?
[10:47] Jason Thompson: Because in this market
[10:47] Adnan: do you see a place for a newcomer with little investment to be successfull in domaining?
[10:48] Jason Thompson: the domainers who get the most attention tend to have the most connections to sell a domain name
[10:48] Jason Thompson: its only right that a major industry player like Rick will not only receive the best domain names
[10:48] Bido: Current bid: US $40.00 - 12 minutes to go
[10:48] Jason Thompson: but will also have the ability to sell them just as quick
[10:48] Jason Thompson: to the highest bidder
[10:48] Jason Thompson: i feel newcomers will have to work harder
[10:48] sanbio: I agree Jason
[10:48] Jason Thompson: and focus in on building domain portfolios
[10:49] sanbio: and developing them into sites
[10:49] Jason Thompson: instead of selling domain names on namepros for reg fees
[10:49] Adnan: raw domains or developed domains?
[10:49] Adnan: ok
[10:49] Jason Thompson: both are great, but developing domains is where it is at
[10:49] sanbio: May I share an experience similiar to your blog Jason and Bido?
[10:49] Jason Thompson: sure
[10:50] sanbio: I own www.seniorcitizens.org
[10:50] sanbio: I have grown it to over 5000 members
[10:50] sanbio: AARP has approched me to buy it
[10:50] sanbio: approached
[10:50] sanbio: I have declined
[10:50] sanbio: I think 2-3 years
[10:50] sanbio: it will be worth much more
[10:50] sanbio: but started as a blog
[10:51] sanbio: Done
[10:51] Jason Thompson: that’s the perfect domain name
[10:51] Jason Thompson: and the .org extension suits it well
[10:51] Art: nice, sanbio!
[10:51] sanbio: tx guys
[10:51] Jason Thompson: you made a great decision holding onto it
[10:51] Jason Thompson: ask me about future projects Art
[10:51] Jason Thompson:
[10:51] Adnan: do you guys ever tried ppc to promote your domains for selling?
[10:52] Art: Jason, what are your future plans? any new projects?
[10:52] Jason Thompson: Adnan I haven;t
[10:52] Jason Thompson: Good Question!
[10:52] Jason Thompson: I currently am working on a project which will increase the publicity and selling potential for domain names
[10:52] Art: sounds interesting
[10:53] Jason Thompson: I am going to bring a twist that the industry has never seen before
[10:53] sanbio: nice Jason
[10:53] ZandyMan: Random question…anyone here have any experience buying or selling large targeted consumer email lists?
[10:53] Adnan: wow
[10:53] sanbio: Like out of the box stuff
[10:53] Jason Thompson: definitely
[10:53] sanbio: Emails lists don’t work
[10:53] Art: Jason Thompson, what is your time frame to roll this out?
[10:53] sanbio: IMHO
[10:53] Jason Thompson: it will make everyone become a domainer
[10:53] Jason Thompson: I give it 3 - 4 months
[10:53] Jason Thompson: the idea is simple
[10:53] ZandyMan: sanbio, what do you mean?
[10:54] Jason Thompson: but it adds much needed publicity for this industry
[10:54] Adnan: i hope it wont over saturate the market
[10:54] Jason Thompson: less technical and more visual
[10:54] Jason Thompson: no buy it might find you a buyer
[10:54] Jason Thompson:
[10:54] Art: Do you have a name for the project?
[10:54] sanbio: @ zandman offline ok?
[10:54] ZandyMan: sure
[10:54] sanbio: ty
[10:54] ZandyMan: you on gchat?
[10:55] Bido: Current bid: US $40.00 - five minutes left
[10:55] sanbio: 2PM dnlivebid.com today
[10:55] sanbio: I will be there
[10:55] ZandyMan: lol, ok
[10:55] Art: Jason Thompson, what are your thoughts on today’s name on auction, juera.com?
[10:55] Jason Thompson: My thoughts are that if it were guera
[10:56] Jason Thompson: there would be more bids
[10:56] Jason Thompson:
[10:56] Art: gotcha
[10:56] Jason Thompson: but none the less good luck to the buyer
[10:56] Art: we like transparancy here at Bido
[10:56] igar2k: the buyer should flip it to JueraLimited.com, that would be the best bet
[10:57] igar2k: sorry, Juera Limited
[10:57] Jason Thompson: that would be a good idea
[10:57] Jason Thompson: but i think in these times
[10:57] ZandyMan: potential trademark issue?
[10:57] Jason Thompson: less companies are spending money on such things
[10:57] Art: Jason, are you attending any industry events in the near future?
[10:57] sanbio: again, thnak you for your time and nic emeeting you Jason… tx BIDO
[10:57] sanbio: nice
[10:57] Jason Thompson: Art once I develop the new project
[10:57] igar2k: may be, however, it is a last name too… gray area
[10:57] Adnan: Jason Thompson, whats your opinion on premierdomains.org
[10:57] Art: I will emal you sandbio
[10:57] Jason Thompson: I definitey want to join you guys at events
[10:58] sanbio: tx Art
[10:58] Jason Thompson: Thanks sanbio nice meeting you also
[10:58] Jason Thompson: Andnan great name
[10:58] Adnan: thans
[10:58] Jason Thompson: straight and to the point
[10:58] Jason Thompson: has potential
[10:58] Art: Jason, we can do that. Keep us posted on the progress
[10:58] Art: Jason, how may the viewers get in contact with you?
[10:58] Jason Thompson: jason@eightmotives.com
[10:59] Jason Thompson: or check the bio here on bido
[10:59] Jason Thompson:
[10:59] theoretical: You hear stories from end users all the time though that even when they know how to buy a domain in the aftermarket, they just don’t value it appropriately. They don’t understand why a name is worth $1k or whatever.
[10:59] Adnan: will be in touch with Jason, if you dont mind
[10:59] Jason Thompson: sounds good
[10:59] Jason Thompson: no problem
[10:59] Bido: Current bid: US $40.00 Less than one minute
[10:59] Jason Thompson: theoretical very true
[10:59] theoretical: they just go and register the .net for a standard reg fee or add another word to the domain name.
[11:00] Bido: << SOLD >>
[11:00] Art: gavel has fallen
[11:00] Art: congrats to aZooZa!
[11:00] Jason Thompson: Always fun to watch the auctions
[11:00] Adnan: Congratulation Azooza
[11:00] Art: Thanks for joining us, Jason
[11:01] Art: Great chat everyone, good times
[11:01] Bido: See u guys Monday. Have a great weekend!
[11:01] Jason Thompson: Yes, thanks for having me Art and Sahar. I look forward to doing this again once the project I am working on is completed.
[11:02] Art: Our pleasure, Jason.
[11:02] Art: have a good weekend, everyone!
[11:02] theoretical: good luck with it jason
[11:02] Jason Thompson: thank you
Best Regards,
Jason Thompson
PS: Ignore the typos and enjoy the weekend!
