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Interview With Bhavin Turakhia of Directi on the Domain Name Industry and a WATBlog View
(2 votes, average: 3 out of 5)
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At Proto 4, we had Bhavin Turakhia of Directi talking about how to manage and scale a fast growing business. Heading a $300 million dollar business as one of the largest players in the domain name industry worldwide, in a relatively short span of 10 years he certainly knew his stuff and gave an excellent presentation. WATShow did an interview with Bhavin right after his presentation and had a quick talk on:
- His thoughts on the .ME Top Level Domain
- Domains selling at a premium and regular domain name buyers
- About Skenzo and Directi’s take on whether parking programs compromise the quality of the Internet
- And about their plans with the .PW domain
In the interview, Bhavin spoke about vanity ccTLDs. Essentially they are ccTLD’s that have a more generic and broader meaning, for instance, .TV is the ccTLD assigned to the Tuvalu Islands, much like .UK for United Kingdom, however unlike .UK which is associated with domain names from Great Britain, .TV is widely used to promote video websites like 12seconds.tv going by the acronym of Television. There are quite a few other TLDs that are used beyond their geographic sense like .BZ, . CC, . IN and now .ME.
He also gave an interesting insight on the nearly 200 new registries coming up which he believes will open up the domain name market like never before. We think that this can certainly add a lot of value to the domain name industry which seemed to have stagnated after its initial burst of growth.
Regarding Skenzo and domain parking programs affecting the quality of the web in general, Bhavin opined that it actually improves the quality by offering quality links to non existent sites i.e domains which haven’t been developed, rather than a 404 page. While we can agree on the ‘something better than nothing‘ way of thought, it still doesn’t take away the fact that perhaps most of these non existent sites exist because of parking programs offering a way out of site development.
From being a domain reseller to becoming the 10th largest registrar, Directi has definitely come a long way, and now in its latest venture as the registry for the .PW TLD, it will be interesting to see its strategy, especially considering the response that GoDaddy’s .ME domains found.
We certainly hope you guys gained a lot more insights into some aspects of the way the domain name industry functions. And we send our thanks to Bhavin for the interview and the wonderful presentation.
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“$300 million dollar business” doesn’t mean anything. What is the basis of this valuation?
How much is the annual revenue.
Kudos to Bhavin on achieving so much at such a young age.
@junk
300 million dollars in 8 years without any external funding is commendable I’d say.. but more importantly it is creating a globally viable business model that directi deserves credit for.. and the revenue and basis of valuation WAT isn’t the best place to answer any of that… thanks for commenting mate..
@seo comp.. pragmites dude… thanks for commenting..