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Kochi Techie Who Sold Web Domain to Mark Zuckerberg

The 21-year-old had a deal with Zuckerberg, but narrowly missed a golden opportunity to make big money from it.

Published: 17th April 2016 04:52 AM  |   Last Updated: 17th April 2016 09:04 AM   |  A+A-

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KOCHI: A 21-year-old Angamaly-native has struck an unexpected deal with none other than Facebook founder Mark Zuckerberg, but narrowly missed a golden opportunity to make big money from it.

Amal Augustine, a final year Electronics and Communications student of Edathala KMEA Engineering College, sold the domain ‘maxchanzuckerberg.com,’ which was acquired by him in December last year, to Zuckerberg for a meager $700 (Rs 46,480). He could not use the opportunity to make big money as initially he did not realise that he was dealing with the billionaire businessman.

“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,” says Amal.

Amal had sold domains earlier also. But, this is the first time someone is approaching him to buy one.Son of Augustine and Treesa, Amal also owns the domain electronicsandcommunication.com, which he registered 11 years ago. He calls himself an ‘Internet entrepreneur,’ and his other interests include IT quiz and aviation.



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