I don’t love the social networking sites such as Twitter, LinkedIn, Facebook and MySpace. I do understand the importance of their presence though. It is moderately important to VERY important (depending on your web presence and its importance to your income) for you to do the land grab and get your name, nickname, or company name out there. Don’t let a cybersquatter get in your way!
If you want to follow me on Twitter, please do so: @soshaughnessey
The Wall Street Journal has an excellent article on the subject. I don’t like to reproduce whole articles here (due to copyright issues) so here are the highlights.
Nowhere is this fact more evident than in the doling out of domain names. On the Web, domain names are available for sale on a first-come, first-serve basis. If someone else buys your name first, you can try to buy it from them. If you’ve trademarked a name, you can fight for the name in the Internet Corporation for Assigned Names and Numbers’ domain-name court system. This makes sense: money and the law are acceptable remedies in our capitalist democracy.