Shane Cultra breaks down what he saw last week.
Last week was unlike any I can recall in my lifetime. People are understandably scared and anxious. This was obvious to Shane Cultra, who saw an immediate drop in aftermarket domain sales through his daily list last Thursday. On today’s show, Shane discusses what he saw from his vantage point, what it might mean for the domain aftermarket, and how he’s also coping as a small business owner with dozens of employees.
Also: Lotto Sport’s own goal, Fox’s domain choices, and more.
Sponsor: Name.com.
Podcast: Play in new window | Download (Duration: 47:21 — 38.0MB) | Embed
Subscribe via Apple Podcasts to listen to the Domain Name Wire podcast on your iPhone or iPad, or click play above or download to begin listening. (Listen to previous podcasts here.)
James says
Shane really shows his ignorance when he blasts President Trump for trying to reduce payroll taxes. He says that dosent help those who are out of work. Well no one thing is going to benefit everyone in every situation but there are just as many people if bot more who are getting reduced hours. Putting more of their gross pay in their picket IS helpful. Reducing employers taxes so they can afford to give more hours or more sick time IS helpful. Sounds more like hes decided anything Trump does is no good because his politics than any realistic complaints about what he is doing. That’s just plain ignorant and I was disappointed to hear Andrew just go along with it, I expected better of you.
Andrew Allemann says
I believe what Shane was indicating is that there are better ways to help the people that will be hurt the most. Shane owns a small business. He would benefit from a payroll tax cut if it extends to employers (which I believe has been proposed). There are more direct ways to help people who are suddenly out of work or have reduced hours than a <8% cut in the tax rate.
Shane Cultra says
James, I think you’ve got it backwards. I am a Republican. I think you are the one that defends Trump whether its a good or bad decision. I appreciate the tax breaks the Republican party gives our company. Breaks that allow us to build a better company which I hope leads to being able to pay better wages. That being said the tax break is absolutely a terrible idea.
If I get laid off because my company shuts down and I get no paycheck how does a tax cut help me? You can’t reduce zero to less than zero. If you are a company and had to lay off your employees then what good does a tax break of giving the employer a break on matching taxes? None
If you want to help with sick time then give them sick time.
The difference between you and I James is actual use. I get to see what the policies do for the company and the employees. I don’t run my business on rhetoric. I run it on money and action. If politicians make bad choices I base it on those choices, not parties. And not people. Of course all politicians lie but that’s a different issue.
In short, I AM smarter than that, am not ignorant, and can definitely say that I understand real business much better than you do
James says
Of course. Clearly you know better and I’m just an idot who dosent know what I am talking about.
Unlike you I dont make hundreds or thousands of dollars each year in my domain names. It’s more of a hobby where I’m just breaking even. My real income comes from a day job once which is getting less hours now. More of my gross pay in my pocket WOULD help me. Less taxes for my employer WOULD help them br able to get me more hours in spite of reduced revenue during this time. It’s not misguided its help that some of us desperately need. So when you join the real world where this is the difference between paying your Bill’s or not then you can talk.
Snoopy says
It’s clear that Carona is having a big effect on the domain market. News of one word .com upgrades seems to have slowed to a trickle also.