Cobb.com Valuation Backed by Domain Name Expert

Interesting article came out in print on Friday, now online under headline "Cobb.com domain name worth at least $45K, experts say." [Sorry, subscription required.]

The writer of the article spoke to Ron Jackson, publisher of Domain Name Journal who had this to say: "As difficult as it is to quantify the industry, so too is appraising a name's value. Like real estate, its value often depends on someone's imagination for how it can be used. But unlike appraising real estate, it's often difficult to base estimates on comparable sales."

"Still, Jackson said cobb.com could reasonably bring $50,000 to $150,000. "It could go for more.""

Here's hoping...I don't have many finger nails left!

Religious Groups Granted Millions for Pet Projects

An interesting story about how churches are employing lobbyists in DC to obtain "ear-marked" appropriations appeared in the New York Times but alas won't be freely readable for long due to the new archive policy.

Blair to Leave in June: Too late for some

According to the BBC Blair will stand down on 27 June. Here's what Socialism's greatest traitor had to say:

"I came into office with high hopes for Britain's future, and, you know, I leave it with even higher hopes for Britain's future."

Yeah, right. Off to a cushy overpaid consulting job, no doubt. Leaving Gordon Brown to deal with the aftermath of the worst foreign policy blunder in modern British history: Defying the will of the British people and dragging the country into Iraq, thereby pissing off a. 80 percent of the country, b. a large and growing Muslim population.

VW Jet: Cool project, hot subject

I mentioned this amazing VW jet project recently, in a completely different context, over on my information security blog. as something of a joke.

The joke was NOT about the street legal JET-IN-A-VW project (I think there's an old proverb that goes something like "Jest not about a man who can fit a jet engine into car and live to drive it about"). Indeed, I urge you to read Ron Patrick's account of the project--it's fascinating stuff, especially the matter-of-fact manner in which he says things like "The first thing I did when I got the car was to cut the hole in the back for the engine. Made a fancy jig out of a tripod, a rod, and a lawnmower wheel to mark out the cut and went at it with a pneumatic saw" and "Air for the jet enters the car through the two side windows and the sunroof. It's a little windy inside but not unbearable." Amazing!

My infosec joke was about VW, which used [allegedly] a VW corporate jet [aircraft] to steal a bunch of secret documents from GM. And herein lies the automotive angle, something I have not heard anyone speculate about before. As part of the settlement of the ensuing industrial espionage lawsuit, VW agreed to buy more than a billion dollars worth of parts from General Motors over 7 years. That agreement was around 1997. So we can assume VW used a lot of GM made parts in its vehicles between 1997 and 2004.

Now, have you experienced reliability problems with a VW during that time period? I know my daughter has, on two different vehicles (kid can be such slow learners sometimes). And I seem to recall that VW has consistently had at least one model in the Consumer Reports "least reliable" list every year during that time, and still does today....do I need to connect the dots?

Let me drop another hint, outside the auto field. In the last year, Dell, Apple, IBM, Toshiba and others have all had to issue recalls on notebook computers with batteries made by Sony. All the numbers I have been able to find [as a blogger, not a paid journalist with a fact-checking department at my fingertips] seem to indicate that a smaller percentage of Sony Vaio computers shipped with the defective batteries than Toshibas, Dells, etc. Hmmmmmm....

Five Figures by Thursday

The bid price on cobb.com passed the $10,000 mark some time on Thursday afternoon. Perhaps the PR is working, but I am still worried that the only bidders right now are domain name speculators, not serious end-users. Maybe the problem is that the various companies that identify themselves as "Cobb" are not Web 2.0 companies. I still believe that the one-time purchase of cobb.com would do more for a 'cobb-related/named company' seeking web visibility than a one-time $100K print/media campaign. (Disclaimer: that's what they call a self-serving statement--albeit one that I believe in).

Auction Fun: In a nail biting, nerve-racking kind of way

So, the auctioning of cobb.com got under way at noon on Monday. By Tuesday evening it had barely met the reserve price. This was set at $5,000 on the recommendations of Sedo, the auctioneers, whose position is as follows:

Our experience has shown that the more accessible you set the reserve, the greater the degree of competitive interest and the earlier bidding wars are likely to begin. I would strongly suggest setting the reserve as low as possible.

By Wednesday night the price had not budged from $5,000.00 and I was "too bummed to blog." (Anyone else out there ever get that feeling? You just can't find it in you to post something, even though part of you is itching to type?)

I had spent much of Tuesday emailing...

Countdown to cobb.com Auction at Sedo.com

Just under an hour to go until the start of the cobb.com auction, that is, the auctioning of the domain name "cobb.com" to the highest bidder. It should show up here under Auction Listings.

Not sure if anyone has ever blogged the auctioning of their domain name before (although, given the size of the blogosphere today, it has probably been done many times already).

I did quite a bit of research ahead of time and found a great blog about domain names, Frank Schilling's Seven Mile. Here's an interesting discussion that took place there relative to the value of cobb.com. (And here's Frank's listing in Wikipedia, just in case you don't know who he is, and I admit I didn't until I started looking at the domain market.)

What prompted the discussion was a somewhat embarrassing lack of clarity on my part when I put out a press release about recent domain name values, like strauss.com selling for $50,000 and walkers.com going for $175,000. My intention had been to show the range of values for recent sales of 'last name' domains and perhaps my mistake was to list Tandberg.com going for $1.5M. Some people took that to mean I was asking $1.5M for cobb.com when I would be happy with something closer to walkers.com or maybe even moka.com ($72K). The latter is a good example of a four-letter dot-com name. Even better might be blue.com which was purchased for $500K, but has a more generic appeal.

Anyway, as it turns out, the only reliable way to put a price on a domain name is to sell it. "As in real estate, so in virtual real estate." Even among experts there is a huge range of pre-sale valuations (e.g. I got responses ranging from $40K to $600K in the valuations I commissioned).

So, let the bidding begin. And stay tuned for my reports on how this kind of auction feels when you are on the 'receiving end' so to speak.

Pentagon to Merge Next-Gen Binoculars With Soldiers' Brains

Words fail me at this point...

Pentagon to Merge Next-Gen Binoculars With Soldiers' Brains

Are you someone like me who assumed [erroneously] that the military switched from Jeeps to Humvees because Humvees were armored [and that is why they cost so much more than Jeeps]? Then you probably think hooking binocs to brains should come somewhere after putting armor on the bottom of army vehicles. I mean, did nobody in America notice the way the British had modified their Land Rovers for anti-terrorist duty in the seventies?

Technologically this next-gen stuff is cool. But I vote not to fund it until someone in that great big five-sided building stands up and says "It's about the people, stupid!"

Freesound: A cool site for people with ears

If you are fascinated by sounds then check out the freesound home page. This is the home of a project to make sounds available under Creative Commons licensing. What's cool about that? Well there are times when you want a sound, maybe for a movie or a music project. This site is working to make sounds searchable so that you can find the sound you need, then use it under a Creative Commons license.

I used the sound of a film projector from this library in my first video on YouTube. I am in the process of uploading some of my own sounds, things like dogs barking, rain on a tin roof, frogs doing what frogs do, and so on. In fact, I sometimes carry a small digital recorder with me just to capture sounds.

Is it art? Well, there is an art in the use of sounds, as many a motion picture sound track reveals. And there is an art in the capture of sounds. Creating sounds is also an art form. Some of the sounds on this site are generated from chips. Maybe you need to have grown up with radio drama as a major form of entertainment to get same the kick out of sound that some of us old folk do. Few things have sparked my imagination like listening to BBC radio plays on an earpiece under the covers after bedtime using a crystal radio attached to the drain pipe with an alligator clip.

Cobb.com Goes to Auction: Hot Domain Market Puts Venerable Name In Play

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