The Twitter IPO is about to rejuvenate the already flourishing stock market.
It’s not even noon, and the stock value of the newest NYSE player has almost doubled; the initial offer of $26 reached a high of $50 before settling above $45 dollars per share.
With a valuation of $14+ billion dollars, Twitter is now officially a megacorporation.
In an analogy, the expected proliferation of gTLDs will help rejuvenate the entire domain industry. One does not need an IPO to achieve this, but the healthy movement of capital, funds, and other investments will most definitely do that.
Donuts, Inc., Google, Amazon and Uniregistry have invested an astounding $99,160,000 combined – that’s more than the top #13 .com domain sales ever recorded.
Just like any smart investor, these companies are in for the long haul; these types of investments pay handsome returns when treated as such.
In a similar analogy, domain flippers are day traders, while domain investors carefully acquire and project a multi-year holding of premium domain assets.
The process of launching the new gTLDs will require patience and attention from all; even if you don’t have faith in their success, gTLDs are here to stay. It’s the new reality in the changing Internet landscape.
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