The number of .co domains is growing.
About 600,000 .co domains have been registered after nearly four months of availability. While that is paltry compared with some 90 million .com addresses spoken for already, the new domain is proving to be popular with startup entrepreneurs.
One San Francisco-based entrepreneur, who’s starting a travel-related site and is pitching angel investors to raise capital, told me that the .com domain she wanted was already taken. The domain owners wanted $80,000 to sell it to her.
“I’m in the middle of starting VC and angel funding pitches and including $80,000 in the financial plan looks ridiculous,†she told me.
So the budding online travel entrepreneur bought the .co version of her company name instead.
“The new domain has an edge to it that .com doesn’t,†she says. “It looks sexier and cooler, and it’s a lot cheaper than haggling for an existing .com domain.â€
Naval Ravikant, an angel investor and an early investor in Twitter, says that the registry is here to stay. Ravikant says he encourages all startups to register using the .co domain. And he recommended to Twitter that it register the t.co domain for its URL shortening service.
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