Are domain names still undervalued or just misunderstood?

The internet’s real estate is strange. Some of the most powerful names are parked, unused, and often dismissed as "just a domain." But if naming matters in startups (and it does), why do most people still treat domains as an afterthought? One name, strategically placed, can signal funding, clarity, and momentum — before a single line of code is written. Curious where others stand. Are we underestimating the role of names in product-market fit?