sales Facebook buys a domain name from an Indian student for $700 only

[AlokDomain]

Facebook CEO, Mark Zuckerberg buys domain name maxchanzuckerberg.org
from an Indian student only in $700.
Get the complete news here​

 

[HUKU]

Awesome...... I'm just left wondering why he paid so much for it.

All the talk about why the domain name should have sold for for much more than $700 USD because Zuckerberg is a billionaire, is complete drivel. No matter what we're talking about whether its a commodity or a domain name, the sale price is not (or at least should not) be based upon the bank balance of the acquirer.

I would add though, that in my experience of India, typically a "price" for anything depends on who is buying. There's one price for local people and there's one price for foreigners and wealthy people.

 

[ajaydz]

This news got wide coverage in indian media,Some other kids might be inspired from this and start off on wrong foot in domaining.

 

[Ram G.]

Why would someone register the daughter's name of a Billionaire? Such people bring bad publicity for domainers.

 

[wot]

Why are we discussing this? Zuckerberg buys lots of things. Let's discuss tomatoes next.

Because this is a domain forum not a fruit/ veggie forum perhaps?

 

[DomainVP]

Registering the name of a toddler, for profit, is highly questionable. I'm not going to diatribe about ethics here, but the whole thing just stinks; especially when you involve a child.

 

[trp3]

I would rather have taken:

http://maxchanzuckerberg.com/

 

[S-B]

Why are we discussing this? Zuckerberg buys lots of things. Let's discuss tomatoes next.

 

[Joseph Green]

The full name of their daughter is Maxima Chan Zuckerberg (not "Maxime" like the article says).

Due to the mistake in the article, both MaximeChanZuckerberg.com and MaximeChanZuckerberg.org were registered today after it was published.

The correct spelling, MaximaChanZuckerberg.com and MaximaChanZuckerberg.org, have yet to be acquired by the Zuckerberg family.

 

[johname]

Simple. $700 is less than a UDRP and Mark gets to feel like he helped someone in Indian improve their life.

But the dot com is owned by a dude in USA. Better to wait for him to screw up, than to pay money to a bad American capitalist.

But the most likely answer is Org=Charity = Wants son to have a giving website in future so Org more important to Mark.

No worry about full name org charity scams from india

 

[Samujjal]

Man..it was way low...he could hit it more had he known that it was FB..before he told the price of the domain...should have left some room for negotiation..

..sAm

 

[Zeal]

Lol. Congrats to the Indian student. Making such amount as a student is Promising.

I think i'd be bugging the name of billionaires.

 

[tiawalling]

maybe its all a big plan of facebook to get indian people to buy domains. heard they just bought a registry.^^ 700$ is cheap compared to the free coverage the news is getting worldwide . free advertisement imo.

 

[Jeeps]

But this maverick internet entrepreneur surely didn't reckon with city boy Amal Augustine.

Amal has 'beaten' the master at his own game and closed a deal with FB, trading the registration rights of maxchanzuckerberg.org on Monday.

Hilarious...yes, Amal definitely beat him at the dignified game of cybersquatting. Huzzah, Amal, huzzah.

 

[deez007]

I think the kid sold himself short. I mean the folks representing FB didn't make him an offer of $700....they asked him HOW MUCH he would be willing to sell it for....he replied back asking for $700

Chances are if he asked for like $7500 they would have probably still taken it without batting an eyelid...

 

[Gobinath]

Simple. $700 is less than a UDRP and Mark gets to feel like he helped someone in Indian improve their life.

But the dot com is owned by a dude in USA. Better to wait for him to screw up, than to pay money to a bad American capitalist.

But the most likely answer is Org=Charity = Wants son to have a giving website in future so Org more important to Mark.

No worry about full name org charity scams from india

@johname
Mind your language . How dare you can generalize India.
The guy has done a great business.

 

[Doron Vermaat]

Very disappointing to see a cybersquatter is getting media coverage like this and I also get a feeling that most media in India seem to applaud this type of behavior. It reflects poorly on everyone in our industry.

 

[ZapNano]

Zuckerberg paid 65 million
because he stole the idea

http://www.geek.com/news/winklevoss...on-from-facebook-is-enough-after-all-1394663/

Already forgotten ?

I'm not sure if I read it right. It said it was settled for that amount; and they have received the funds. So, if they werent satisfied why are they accepted the money in the first place. Now they want to come back and ask for more? I hope not; the case was over and done deal! Move on greedy people!!

 

[johname]

maxchanzuckerberg.org
Max Chan Zuckerberg
Creation Date: 2015-12-02T05:30:01Z
Baby Announced Dec 1st
*************************************************
Facebook CEO Mark Zuckerberg said Tuesday he and his wife, Priscilla Chan, plan to give away 99 percent of their company stake to a new initiative. He also announced the birth of his first child.

In a post on the social network, Zuckerberg shared a photo of him and his wife with their newborn daughter, Max.

The couple plans to funnel about $45 billion in Facebook stock into the Chan Zuckerberg Initiative over their lifetimes. The organization will initially focus on education and disease.

This is why the baby's name on org is improtant to the parents.
**************************************************

CHAN ZUCKERBERG INITIATIVE is trademarked Dec 15 2015

**************************************************
While the creation date predates the filing date by 13 some days, it does not predate the announcement of the baby (giving differences in California to Indian time zones)

************************************************
Squatting ruled in favor of the complaint. Next!

 

[wot]

funny ,,fake,, IDN,s ?

you know nothing about your history


don,t try
do or do not
there is no try

all lessons for free

Weren't you one of those pimping garbage worthless names,the name rings a bell?

 

[AlokDomain]

Lol... That is his Daughter's name

 

[Joseph Green]

Mark Zuckerberg must really not care about the .com because the registrant of it is offering to give it to him for free, yet $700 was spent on the .org to acquire it.

But, if you visit MaxChanZuckerberg.org it redirects to ChanZuckerberg.com immediately.

*Scratches head*

 

[trp3]

just promo ...

 

[sofiapartner]

This guy is strange.

 

[Magicpig2]

Someone should set up a poll to see how much people would have asked for if they'd received the same email from Zuckerberg's 'Wealth Manager'. I reckon if he'd been silly there'd have been a UDRP on the way..