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People are paying for them.

The buyer for this domain isn't in the milk business, they're in the technology business. Few names worth US$ 10M or higher, Milk.com is one of them.

best search interface in the domain industry. Sedo/Afternic sucks and this one covers both.

Smart move to secure .com beforehand.

1. You are trading very closely to their mark (financial services), leaving yourself open to these litigation issues from day one.

2. If you succeed, you'll have to rebrand. You have a lousy and confusing name and domain (sorry for being brutally honest). We see this all the time. Rebrands are expensive as hell.

3. If you fail, it will be largely due to naming.

Can't believe YC didn't tell you that ahead.

As well as https://www.pointbank.com/

Rebrand in the making.

Point.com is in the business of financial services. Sounds like you chose a terrible name.

The top dogs like HugeDomains own hundreds of registrars and using their connections to chase domains. These are not resellers, the registrars are there only to catch domains. Your chance of winning the drop game is near zero if they want it.

If you want to scoop up free names, there's lots of bulk tools on registrars to let you buy in bulk.

http://domainincite.com/21309-dropcatch-spends-millions-to-b...

In theory its all great until you get punched in the face. Meaning, reserve cash isn't important - until it is.

The UDRP process is a joke and they got lucky with one panelist. Best go with three and an attorney.

They're easily leaving over US$ 500 a day on the table, for many years. Even if you hate advertising, take the money and donate to some charity. There are many who can use that kind of funds.

Wasteful.

One word: Telegram.

I own over 50,000 domains, mostly generics or short 3-6 letter .com. Sales revenues last year was few millions US$ and we had over 20M in offers, offers which we decided to wait on. Good .Com domains aren't cheap, anything decent is over 10K and anything good is over 50K. You can always start with .Junk (that's what they really are) but when you make it, in all likelihood you'll end up upgrading to a good .Com. I know because I see it every single day.

I had a WSJ journalist threaten me if I don't participate he'll write whatever he wants. Another NY Times journalists wrote completely made up stories and sold their version of it to the public. I really don't like the media, a bunch of bullies and slimeballs.

You are only as old as you believe you are. I'm 42 and won't trade spot with any 20-something for a job. The knowledge and experience I have today, most 20-something would love to have but.. they have to live some 20 years to now gain.

WTG putting this message together, good luck!

Domain sales, over US$ 2M/yr that could have been mid 7 figures easily but still holding onto those other gems. With all the new extensions valuable .com domains is where it is. Brokers managing sales. Also not sure if falls into passive or not, sold a business few years ago and did the financing, still getting paid monthly for few more years.