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Right now, I'd be very happy with 1% of that.
That would be enough to give my woodworking business a good start.
Children are little angels, even when they are little devils.
They are also our future.Comment
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I'm ignorant about this kind of stuff. Can you explain what's different between purchasing, holding and selling a domain name, and purchasing, holding and selling a trademark? Please and thanksWait a second. I've been selling internet property for 20 years. No different than anybody else purchasing extra property to flip. Domain names are a lot like property but are virtual. I build businesses on them (Daycare.com) sell them (Whisky.com), rent them (Adopt.com) and park them.
If you are talking about cyber squatters who register a trademark to extort money, that's a whole different story.
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Congrats on the sale!!!Comment
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Here is my take. I've been paying lawyers for many years for intellectual property law matters. Trademarks are a different issue than generics. With a name like Rate.com, which is generic, there are few problems with trademarks as long as you are not infringing on one. Pepsi.com is not a generic and anyone that registers a name with it will automatically be considered a cybersquatter and get a Cease and Desist letter or get sued.
I use to own Igloo.com which is a generic name. As long as I didn't sell coolers, I was not infringing. I sold it to a Domain Name brokerage firm for good money.
I am using Daycare.com for daycare and childcare related business. No problems there. You can't get a trademark for what a name if defined as. If I were to get a trademark for the word Daycare. No one would be able to use it for business but me. So I can't get one. I can get a service mark for my Daycare.com logo though.
Last edited by Michael; 06-01-2016, 02:33 PM.Comment
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Thanks, that makes sense!Comment
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