If I wanted an original web site, I wouldn't go to a designer whose own page was one big cliché.
If I wanted serious software for my business, I wouldn't go to a site whose first impression is one big cliché. If they can't even come up with a clever/meaningful name for their own brand, it screams "I'm a 20-something wannabe with no real ideas" to me.
YMMV, just my $c, I'm sure there are exceptions, etc.
And if you want a good name, *.com is already saturated, you have to get really creative and you most likely cannot find domains from single words unless you're lucky.
Speaking for myself, it was painful for me to waist time on finding a good .com when the implementation was far from ready and I didn't have a marketing plan.
"They offered him [previous owner of mint.com] equity in the company's Series A funding round rather than a cash payment, and assured him that he'd be the only New York financier they'd let in."[0]
"I said, “I will give you $181 thousand in Series A equity. If we do well, you’ll get an asymmetric upside. If we go bankrupt, you’ll be in the situation as a preferred investor to get your money out first. I won’t let anyone else from New York into this round of financing"[1]
[0]: http://news.cnet.com/8301-13577_3-10457870-36.html
[1]: http://thinkvitamin.com/asides/aaron-patzer-on-how-to-take-y...
- Early adopters will immediately know you're a cool startup.
- Easier to find an available domain.
Cons:
- In a few years, the exact opposite will happen, "<verb>ly is so 2010".
- Libya might might delete your domain name[1].
[1] http://thenextweb.com/me/2010/10/06/libya-deletes-ly-domain-...
You want to be ahead of the next trend? Find a proxy in Albania.
I have half a mind to just rename the service to historius and use historius.com for it, although my inner grammar Nazi won't let me. Having historious.com (along with historius.com, of course) would be ideal.
As naming trends go, I'm not terribly impressed by this one; but, if you're willing to submit to the vagaries of Libyan law, meaningful .ly domains are much easier to come by than .coms, I suppose.
What should be of far more concern is the risk that startups are taking with these TLDs. Example:
http://www.thedomains.com/2010/10/08/days-after-vb-ly-was-se...
.com domains are more expensive but are far less risky.
This is exactly the situation I was in. I needed a domain name, so I found what I could for $10. That meant I had a sub-optimal name for the time being.
Since startups are now funded with far less cash than 5+ years ago the cost of a domain name is a significant factor.
Personally if I were to use domain.ly as my domain name I'd make sure I got domainly.com too.
http://twitter.com/amyhoy/status/26565875780
I thought she had a good point.
These people are not your friends, do not care that you paid for service and are not bound by their ToS. Further, you have zero recourse if they screw you.
Nissan Motors, MikeRoweSoft, etc..
(Similarly, I get the feeling that some of the sexist attitudes in the startup world doesn't come from people actually being sexist, but instead from a need to signal that they too are beyond the shackles of Political Correctness.)
Resourceful? Maybe. Amateurish? Maybe not.
If young people are finding an ecosystem and getting inspired and innovating, great!
It sounds wimpy and it's incredibly Web 2.0-ish. It's also so startup community-like, meaning that I can't think of the last startup with such a name that actually got significant traction and has entered the mainstream.
That comment was a knee-jerk reaction to so much of the copycatting and lack of originality that's so prevalent in the startup community, hate it.