Twenty-one-year-old Amal Augustine, a final year student of Electronics and Communications Engineering at Edathala KMEA Engineering College, recently sold the domain ‘maxchanzuckerberg.com’ for Rs 46,480.
The buyer was a wealth management firm that represents Facebook’s Founder and CEO Mark Zuckerberg. Augustine feels he lost out on a big opportunity to make more money from the deal.
“I received an email from Sarah Kim of ICONIQ Capital, the wealth manager of Zuckerberg, stating that they were willing to purchase the domain. When they asked me what my amount for the deal was, I said US$700, thinking that they would agree for US$500. To my surprise, they agreed to the amount I demanded. Later, my friends told me that I could have made a much bigger deal. But, this is my first such deal, and I have no regrets,” Augustine told The New Indian Express.
The domain name refers to Zuckerberg’s daughter Maxima Chan.
In another incident, Sanmay Ved, a former Google employee, bought Google.com for a minute in October last year, although he was later informed he could not own the domain. Incidentally, Google doubled his reward amount when he announced that he would use the money for charity.