Meet the Team - May 2012
Get to know Thies Lindenthal
Name: Thies Lindenthal
Official Title: Product Manager - Domain Pricing
Q: When did you join the Sedo team, and how did you discover Sedo?
A: I joined Sedo in August 2011 after launching the internet domain name index, IDNX, which is a research project based entirely on Sedo’s sales data from January 2006 until now.
Q: How did you come to work with Sedo on IDNX?
A: Sedo was actually the only place that had the data I was looking for to start a real and representative domain name price index. So I sent a mail to Tim [Schumacher], describing the research project I was envisioning. This was an "out of the blue" contact, but just a few emails later, we were collaborating to build the framework of IDNX.
Q: Did you know about Sedo or domains before starting?
A: I think I got my first domains in 1997. Since then, I have been developing web-based projects. During my dissertation in Real Estate Finance, I began linking academic estimation techniques with domain data, and the rest is history.
Q: What caused you to begin linking the two?
A: It was an obvious thing to do. Domains and real estate have so much in common. Just think of words like “domain”, “site”, and ”visitors”, which show how much people think about land and location when describing the internet.
Q: What is your role at Sedo?
A: I am heading the development of services around domain pricing.
Q: What does that role entail?
A: It is a versatile role, ranging from speaking to customers and partners, to leading a development team, to serious number crunching. This variety is what makes this job so interesting.
Q: What does a typical day at Sedo look like for you?
A: I usually start the day with talking to the development team and partners from Europe. The afternoons are quality time for research and American contacts.
Q: And are there any upcoming projects you can tell us about?
A: We are working hard on building tools that help buyers and sellers to assess the quality of domains and assist them in setting prices. Coming up with fair prices for single domains can be demanding, and even moreso for large portfolios. We want to make this process less strenuous for all domain owners.
Q: What’s your favorite aspect of your job?
A: Bridging research and business, and virtual and real economy, like with IDNX and the NASDAQ 100 – it simply never gets boring. And I love that IDNX is now on Bloomberg and Reuters to help bring domains to mainstream investment.
Q: If you were a domain extension, which would you be and why?
A: I’d have to be a mix between a COM and an EDU. I simply love both product development and academia.
Q: If you could register or buy any domain, what would it be, and why?
A: Shouldn't the question rather be: “Which new TLD would I love to own?” Aren't TLDs the new big gamble? I would love to develop .DATA as a space for trusted and verified numbers for use in research, academics, and business.
Q: What advice would you give to people who are interested in buying, parking, or selling domains for the first time?
A: Treat your domain investments like any other investment you make. Have courage - a good domain will not let you down. Be cautious, since domains are not “a new economy”, in which things happen that lack a common sense basis. And last: let go more often. If you want to realize the gains in domain value, you have to sell.
Q: What’s on your desk at Sedo?
A: Not much. A keyboard, too many empty coffee mugs, and even more research papers.
Q: What do you enjoy doing in your free time?
A: All things outdoors. Also cooking, reading, and coding.
Q: The one thing you have with you at all times is…?
A: I don’t go anywhere without my laptop and my Opinel knife, which is not so good for travel.
Q: What’s your favorite quote?
A: “So it goes,” by Kurt Vonnegut.
Is there someone at Sedo you’d like to know more about? Email shout[at]sedo.com!