Domain Names Over Ideas

Dharmesh shares his strategy of buying domain names as a way to capture and invest in business ideas. When he has an idea that interests him, instead of writing it in a notebook, he purchases related domain names.

Key Points:

• Domain Purchase Strategy:

  • Buy domains when an idea seems interesting ($15 if available)
  • Willing to spend more for particularly appealing domains
  • Uses domains as a way to bookmark business ideas

• Notable Domain Holdings:

  • Birmingham.alabama.com (estimated 7-figure value)
  • Humanism.com and Humanism.org
  • The Hustle.com (purchased as a gift)

• Investment Philosophy:

  • Doesn't typically sell domains
  • Holds onto domains long-term
  • Views domains as assets tied to potential business opportunities

• Domain Portfolio:

  • Owns hundreds of domain names
  • Mix of high-value and standard-priced domains
  • Each domain represents a potential business concept