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#271 - Peter Askew - Founder of Deep South Ventures - Investing in Domain Names
The Fort - An Entrepreneurship Podcast
How to License a Domain Name
When you have a really valuable domain, you have the ability to license it. If I own nuts.com or Vadalia onions.com, can I just license it to the actual Vadalia onion business and they just pay me a fee every year to use my domain? Oh, yeah, you can. Some of these folks with really good domain name assets and special like Rick Schwartz who refuses to accept anything less than what the domain name is worth. One guy had 70,000 domain names in his portfolio, which is amazing. You think roughly 10, 15 bucks renewal price in every single domain, every single year? It's truly mailbox money.
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