DreamSha.re

DreamSha.re
Creating web tools for early-stage online businesses
Startup/business
Los Angeles, California, United States United States
http://gumbobeta.com
2
  • Overview
  • Team
  • Activities
  • Documents
Company description

We are dreamsha.re: an LA based start up intent on serving the online entrepreneur. Our aim is to help early stage companies get off the ground creatively and efficiently, so we are building innovative web applications to make that a reality. One of the first steps to starting any business is to establish your real estate, so our first tool, called Gum.bo, helps you do that in the online world. Gum.bo is a domain generator that quickly provides users with relevant, effective and creative names for their online businesses. There are many things that make Gum.bo the best domain tool on the market, but specifically our attention to new domain trends is our key differentiatior. Since 2008, ccTLD (country code top level domain) registrations have increased 61%, reducing the .com market share to less than 40%. Our tool's algorithm accounts for this shift and suggests the domain that will be most appropriate for your business in today's world. Also, within months we should be seeing ICANN's release of over 1800 new gTLDs (.kids, .beer, .movie). We have accounted for these new releases and can easily be the new hub for domain purchases.


Awards and Mentions
  • 13027_1385
    While still in the discovery phase of our start up we participated in AT&T's Mobile Education Hackathon. We came up with an innovative eReader, parigraf.com, that won the competition unanimously with votes from all judges.
  • Business model

    For our initial launch we will earn a premium, flat reseller rate for every domain sold on our site (~40%).

     

    Gum.bo 2.0 will incorporate an aspect of A/B testing for domains. For ~$30 we are able to let users rent domains for a period of 120 hours, during which we will run $100 worth of Google Adwords campains for each of the domains. The user generates identical campaigns to test which domain users are mostly to be clicked on with a set headline description. We're providing a $600 value for $30 at virtually no cost to us. 

    Competitive advantage

    With the perfect team we're able to take care of all our start up needs while staying as lean as possible. In addition to the top notch mentoring we get at StartEngine, we were also incredibly fortunate to go through their "Entrepreneur in Residence" program. We spent a month meeting with CEOs and Industry Leaders in a variety of fields to identify a project that would quickly and efficiently be able to generate revenue. 

    Our mission as a company is to serve early stage online entrepreneurs. LA based hosting company, Media Temple, pointed out to us the lack of valuable domain tools available on the market. In light of this, we chose Gum.bo, a domain generator, as our project. Our pre-established partnership with Media Temple allows us access to precisely the customers we are looking for, and lots of them. They currently host over 1.5M websites owned by 125,000 loyal customers. Recently, their partnership/acquisition of website-maker Virb created extreme mutual benefit and exposure for both entities. 

    Investors
    11730
    StartEngine (www.StartEngine.com) is a rapid accelerator focused on helping Los Angeles-based technology startups build a solid foundation for success in 90 days.  Created by Howard Marks, co-founder of Activision, and Paul Kessler, one of th...