Ask HN: Good Time to Acquire Domain?

2 points by zkirill ↗ HN
We currently use "theapp.com" instead of "app.com" and it works well enough so as not to justify paying a domain squatter (BODIS/SecuredOffers).

Having said that, given that fewer startups are getting funded and tech companies are reigning in their spending, isn't this the perfect time to make a bid?

If so, when would be the most advantageous time to start the negotiation process with the squatter? I realize that it's impossible to "time the bottom" but perhaps someone out there has a better crystal ball.

4 comments

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I would limit the purchase to be a percentage of the company’s profit. A good thing about a domain, however, is that it’s not really a sunk cost. You can recover the price of the domain if you ever decide to sell it.
Don't obsess over it, theapp.com is good enough.

I suggest instead focusing on your product, team, and creative marketing (in that order).

IANAL, but if you have (or could easily get) any sort of trademark on "App", then the squatter may have to give you the domain for ~free (or face a slam-dunk-lost legal case, penalties, etc.).
Look into all those new gTLDs being released lately. .party .club .blog etc Snap up the shortest one you can. This is a golden age to snap up short domains since the squatters will catch on to this and snap up short ones in bulk as an 'investment'.