Ok. how would you like to be part of a World Class Accelerator, working on businesses developed around key generic domains. Well now is your chance. Gary Millin, who is both a venture capitalist and a serial entrepreneur can make this happen. Gary is part of World.com. They own some of the most prime real estate on the web. His firm has built up businesses on such generic names as Doctor.com, Lawyer.com, India.com, USA.com, Popstar.com, London.com, Paris.com, and Madrid.com.
Now here is your chance. Go to http://www.worldaccelerator.com/ to see what needs to be done.
Congrats to Gary and Gerry.
Here is the full press release:
Domain-Driven Business Accelerator Unveiled
World Media Group has introduced into the ever-expanding accelerator marketplace, a first-of-its-kind accelerator that combines the inherent, powerful benefits of a premium domain name with winning development teams from all over the world.
New York, NY, November 14, 2012 (PRWeb) – Business incubators and accelerators have captured the imaginations of entrepreneurs worldwide, and these institutions have given birth to some of the most transformative Internet and technology businesses today. World Media Group, a company that specializes in bringing recognizable domain names to life in meaningful ways for online consumers, has announced the launch of World Accelerator (www.worldaccelerator.com)–a new business accelerator that utilizes a concept not yet seen in the burgeoning startup development marketplace.
In addition to offering traditional accelerator elements, such as seed capital and mentorship, World Accelerator offers teams the unique opportunity to build a thriving business on the foundation of a prominent and highly brandable domain name with access to a readily identifiable constituency of customers. Names such as alumni.com, comic.com, diploma.com, fight.com, fact.com, FAQ.com, Japan.com are just a few examples of the brands available via the accelerator. In real estate, billions are paid for premium locations. Online, your location is your domain name and a premier address can make the difference in giving you the credibility you need to open doors, improve conversions, improve retention and accelerate your business.
Led by Gary Millin as CEO, an industry maven responsible for turning World Media Group’s development of premium domain names into growing businesses, World Accelerator’s innovation is in providing startup companies with a valuable brand around which to build their businesses as a crucial starting point.
“Over the last ten years, the cost and time needed to bring exciting and disruptive businesses to market has dramatically compressed. However building credibility with customers, partners and your brand still takes time.” said Millin. “World Accelerator changes this paradigm, turning it upside down as companies can now start with a powerful existing brand on day one. With this business accelerator model we can empower the right teams – those with sound business plans, leadership and poised for action – to successfully develop these fertile domains into lucrative businesses.”
Since 2007, World Media Group has successfully developed numerous domain names into businesses, proving the model which is the foundation of the new accelerator. Millin, in his work with World Media Group and in collaboration with top management teams around the world, has achieved success with domain names such as Doctor.com, Lawyer.com, India.com, USA.com, Popstar.com, London.com, Paris.com, and Madrid.com. These, along with other World Media Group properties, have seen an average of 45% per annum revenue expansion and, today, generate over 20 million visitors a month.
Having outfitted his new business accelerator venture with a similar recipe for success, Millin is excited to start working now with even more top teams and entrepreneurs – stating that he has “extremely high hopes” for all of the businesses and people who will be seeking the services of World Accelerator – which is currently launching a beta site in order to generate interest and identify prospective participants for developing some of the most promising of its 1,000-plus internet domains.
“With our beta launch, World Accelerator will be seeking entrepreneurs and teams who have an interest and the capacity to develop these brands into successful sites. The criteria for acceptance into the program are pure and simple – a great idea that can leverage the brand, a solid leadership team, and an executable strategy,” said Millin. “Entrepreneur teams accepted into the World Accelerator program will have access to capital and mentoring, and of course a high visibility domain name – the key differentiator between World Accelerator’s services and those of other business accelerators.”
Millin has also drawn on his career, both as a venture capitalist and as a serial entrepreneur including founding and running a public company (Mail.com), to ensure that World Accelerator has a terrific team of mentors right out of the gate. The accelerator is headquartered in New York City and already has mentors from across the US, Europe and Asia.
What benefit(s) this brinks to domain owner(s)? I don’t get it…
They cant’ build every domain they have. Some of the smartest individuals are domainers, like them. Maybe you don’t own the name, but you have the capabilities that can be part of a team that could launch a business around these generics. They are putting together the current accelerator trend and topping it off with the cherry on the cake, the generic domain. It’s a different way to go about it and if they are able to prove success, domainers with strong generic domains will finally have a place to go where they can also be made into companies.
I also believe that once
So thay are looking just for developer, not for additional premium domain names, right?
Just back from trip and had no time to read the full press release nor visit the site but curious about who is the domainer who own all these world.com’s domains that every domainer has for sure seen many times.
Francois,
they are owned by World.com. World was founded by 2 long time internet pioneers, Gerry Gorman and Gary Millin. They both were from Mail.com.
It’s a cool idea. I’d think that this opportunity would be better served by promotion through Hacker News, Reddit and similar places where more entrepreneurs and technologists hang out. Mike Mann came on DomainSherpa about a year ago and offered a similar scenario albeit not as structured of a program (with multiple mentors, etc.).
Thank You Sir Postng This Post All about Domain Names It Is Very Useful Article..
Thanks to DirectNavigation for excellent responses and for the posting. We are excited by the launch of the program and the interest we are seeing in the community. The accelerator program is all about connecting great domain brands with great teams and providing the support to accelerate growth. Michael makes some good points and in 2013 you can expect to see many avenues from promotion including some mentioned by him and others that go even further to engage the right communities (such as university competitions).