Paul’s still here.. and last night Larry popped onto the island.. He had dinner at my favorite spot (Pappagallo). The world seems to be decending on the island.. makes me wonder why I’m leaving for Christmas.
.. Rumor Oprah was here too.
http://en.wikipedia.org/wiki/Octopus_(yacht)
Floating/Anchored 5-700 feet offshore.. right in front of the Ritz Carlton here in Cayman.. I can see it right out my office window.. This is a seriously impressive ship. Second biggest yacht in the world (2nd biggest privately owned yacht, 6th overall if you count ‘royal’ yachts) Cost a rumored $200mm (back when the dollar was worth something.. figure 500mm today). Hard to believe a boat like this is worth more than a good domain portfolio.. There’s domain upside for you folks. Although, domain portfolios don’t come with regulation basketball courts or helicopters onboard.. Looks like he could land 2 choppers on that back pad alone if he wanted.
Russ Horowitz of Marchex mentioned flying aboard Paul’s 767, watching sportcenter on plasmas back in the late 90’s, before plasmas were available in every Walmart. You gotta know Paul has hot and cold running good stuff on board that boat. ;)
Pop over for a drink Paul, or send the tender and I’ll pop over there.
Andy sends Powepoint link… copy and paste this into your browser address bar … bring a change of underwear .. it’s good to be Paul Allen:
http://www.sailingscuttlebutt.com/photos/05/octopus.ppt
… "Springtime in Vienna" was the Tragically Hip’s first encore (it’s my favorite encore song next to "Gift Shop"). Gordon Downie is the dreamer’s poet. I love how he weaves thoughts together and makes you think hard against the backdrop of driving bass and hypnotic guitar riffs - All this happening in the warm, humid nightime Cayman breeze.
It was a fantastic show.
A paradox of sorts is illustrated on this story linked in a thread at domainstate: "Names without names" is how I see it..
Story shows how many great companies are using their brand logos as identities relating to their domain names. A really interesting trend actually. Of course the amount of money one needs to spend in order to achieve this outcome is astronomical and dwarfs the even the world’s most expensive domain names by many orders of magnitude.
As unbelievable as it sounds, the Tragically Hip are here and playing across from my place here (I have the equivalent of a stadium box for the show). All Canadians reading my blog will understand what this means.. these guys are to Canadians what the Grateful Dead are to Dead-heads. I’ll be unable to post for the balance of the day as I attend the before, during and after parties. C’ya tomorrow.
It’s Sunday!~ ..So I’m taking my family out to east-end for lunch.
For those of you who are bored, don’t already know the island or haven’t read this previously here’s a link to one of my earlier posts for a splash of Cayman color.
Looking south toward GeorgeTown. Water was a bit cloudy this AM because it rained last night. Fish were jumping. 82 in the shade .. hotter in the sun but not too humid. Water is warmer than the air. My parents are visiting. It’s a beautiful day to spend with family.
aTim Writes: "Were you here (in the Cayman Islands) when the late Ralph Engelstad (Imperial Palace Casino, Vegas) used to come down with his matching 727’s (I think they were 727s, it was a while back…)? He took me out to see one when he was here one time - very cool… Reconfigured to seat (only) 16, complete with full size master bedroom, shower (!) and the works. The main lounge had all the mod-cons - pop up TV’s, etc. (Bear in mind, this was before plasmas and LCD’s were mainstream - who knows what he would do with it these days!!!) Sadly, I saw it for sale in USA Today a short time after he passed away - he loved to point out that his dog actually owned the jet - it was right there on the plaque outside the cockpit…

Yes, I was here when Ralph came down. We were new to the island at the time, but I would
see his plane when picking up mail at the Airport.
Ralph Engelstad was famous for running the Imperial Palace Hotel and Casino in Las Vegas, he was
infamous for celebrating Hitler’s birthday. As a younger man he bought the worst piece of land on the Las Vegas Strip. A drainage ditch ran through it, and he built
a casino straddling that ditch. He ran the casino as an unincorporated business (if you can believe it), the largest proprietorship in the State of Nevada. Ralph Engelstad also liked the Cayman Islands.. He built a really big mysterious mansion called "the White House" in Bodden Town.
After he got cancer the house went for sale and my wife and I seriously talked about buying it in March of 2004. The White House was an odd place.. it was a private home out of town, but laid out inside like a casino with television cameras in every room. Steps led up to an elevated mega-king bed. The office had an old-school money counter on the desk, and the ubiquitous bank of little TV’s, otherwise it was sparsely furnished. The White House was located directly across from the police/fire station in Bodden Town so my wife and I came to the conclusion that Ralph had built himself a mini turn-key casino for the eventual day when laws in Cayman permitted gambling.
In May of 2004 I took the guys I work with on a team-building exercise to fabulous Las Vegas. We had a helicopter pick us up across from
the Four Seasons, took-off for a tour of Lake Mead and then landed inside the oval of the
Las Vegas Motor Speedway where we did the
Richard Petty Driving Experience. This was one of the coolest experiences of my life. The speedway is right next to
Nellis AFB . There we are — helicopter landing in the oval, racing 200mph in Nascar cars and I can only see my hood and the bumper of the next car in front of me, no road between. We are doing all this as a dozen F-16’s take turns hard banking for final approach into Nellis and I swear to God, I can see the goggles and helmets of the pilots in those planes they are so loud and low.. "Damn, this is what America is all about!", I thought… Let me back up a sec tho. It’s a slow (non-race) day when Richard Petty holds his driving experiences. After the helicopter landed the track manager picked us up in a white minivan.. She knew we were from the Cayman Islands. As she drove us to the Petty racing tent we had a chat about Ralph Engelstad who was instrumental in getting the LasVegas Motor Speedway built. It turns out this woman used to be his personal assistant (she was now manager of his track) and she knew all about the White House and what went into building it (so far as tacitly acknowledging it’s mini casino conversion potential). I’m really glad we never got around to buying that place. Hurricane Ivan hit Grand Cayman 4 months later and positively decimated Ralph’s White House. They put it back together and
it’s for sale now, but it is not the same.
Chalk this vignette up to Cayman Islands legend.. I drive by the White House every Sunday on my way to lunch in East-end.. and each time I see its ivory roof tiles, I picture the ghost of Ralph Engelstad, smoking a Cubano, in a white linen shirt; running crisp bricks of hundred dollar bills (fresh from his casino’s count-room) through a money counter that no longer exists, in an office that isn’t there anymore.
You never know who you’re going to bump into in the Cayman Islands. I had my first brush with greatness a few years back at Edoardos one of my favorite Italian restaurants here.. My friend Vern and his wife Kari had come down for a visit. We were having wine (before appies) when suddenly ‘the man in the golden wheelchair’ rolled in. Say what you will about Larry Flynt but he is a fearless American legend. ‘The People vs Larry Flynt’ was more than a movie. It’s precedent continues to shape American democracy today. There he sat, with a smokin’ hot babe (his pilot) and a big tall beefy tough-guy (his bodyguard) at a small round table having dinner about 4 feet away from us. Cayman attracts a slightly older wealthier clientele and the folks around us obviously knew who he was. I just couldn’t resist reaching out to say something; so to break the ice and add levity I complimented Larry on his gubernatorial run in California and told him that I liked him much better in that race than Gary Coleman or Arnold Schwarzenegger. He laughed. His pilot and body guard laughed (I was really glad his body guard laughed). Then the older WASP folks at the next table complimented him and said they had always wanted to meet him (I thought to myself how they were probably happy to see him go to jail in the 70’s)…
Anyway.. Seeing Larry Flynt at dinner that night gave me a new sense of empowerment. I started to compare myself to him .. and suddenly felt very small. But I was bigger on the web. If you marshaled all the organic adult traffic we control (it came to nearly 100,000 unique visits a day back then [just adult]) we were surely bigger than LFP was online. Galvanized by my meeting I decided to cold-call Larry Flynt Publishing in Los Angeles. I am not a bad cold-caller and I have something tangible to offer (we were selling traffic to the intermediaries LFP was buying from at the time), so I navigated the phone system, assistants and managers to some guy (The Big Guy) who’s name I can not recall. I made my pitch about what we do and after enthusiastically explaining why we should partner with LFP on the adult vertical I got the following response:
"Oh you’re one of those squatters.. let me give you the name of the guy who runs the affiliate program". (insert the sound of the record needle ripping across the record-album here)
I was really put off.. Firstly, "squatters" deliberately target the trademarks of others. Here I am, a high minded internet entrepreneur who has cobbled together some very good organic traffic, generic adult domain names and " I " am a squatter!?! Secondly: the affiliate program?!? Here is Larry Flynt Publishing.. paying thousands of dollars a day to buy traffic on a per-click basis from the major search engines, but when I own a generic domain name with organic traffic (of higher quality than you can buy from the Search Engine’s search-box), I am relegated to some second-rate affiliate program where I don’t earn a nickel for my traffic until LFP’s slow loading websites manage to miraculously convert the visitor into a sale??! I hung up the phone with this "LFP thought leader" and resolved to continue selling my adult traffic to the Search Engines (Yahoo and Google) who could continue to let Mr. Flynt’s marketing department live under the illusion that the traffic they were buying was in fact coming "from" the search engines search-box (much of it came from ’syndication partners’ like me)… Then I tore down my People vs Larry Flynt movie poster.. Okay.. that movie poster part didn’t happen but everything else did.
The whole episode got me thinking about what a scam affiliate programs (in general) are for publishers. If the affiliate program is incompetent and can’t convert visitors to sales, the publisher doesn’t get paid. Where is the incentive for the affiliate manager or advertiser to create a better website that engages visitors and draws out a sale if they are getting the work-horse traffic for free? Compounding that is the fact that affiliate marketing is usually the first check-box on unsophisticated advertisers’ to-do lists. I understand that alot of domainers target their names within affiliate programs to make more than PPC, but those sophisticated and analytical folks (who are to be complimented) are basically doing ‘all the heavy lifting’. They shoud really be running the affiliate programs or selling the products themselves IMO. They don’t need the affiliate programs. JMO. I have tried affiliate programs (lots of them) and often been frustrated to see those same advertisers who are taking my traffic for free (on the affiliate side) be the very top paying bidder on the PPC side. Its almost as if they are dollar cost averaging.. getting the affiliate suckers to give them traffic for free and then offsetting against the top pay position in PPC… I’ll have more on this later…
If you weren’t on Grand Cayman today you didn’t see this.
I always get a kick out of driving to through the industrial park, because it winds by the airport. Recent visitor N247WE dropped Vince McMahon and some burly wrestler types. Saw them having libations at the Ritz. They look so much older in person. Props to photographer Bill Shull for permission on the pic. Funny that big burly guys like that would satisfy themselves with a plane that has such dinky little windows. If you’re flying private, fly on a Gulfstream baby.
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