Mark Zuckerberg pays $700 to Indian cybersquatter for rights to his domain name

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domainking131

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Mark Zuckerberg just paid $700 (around Rs 47,000) to an Indian cyber squatter for rights to maxchanzuckerberg.com.

Amal Augustine is a student at KMEA college at Kochi and apparently makes a habit of picking up domain names that he thinks will be relevant in the future. When GoDaddy sent Augustine a mail asking him if he was willing to sell the domain, he agreed and asked for $700. Only later did he realise that the domain was being purchased by ICONIQ capital, which manages Mark Zuckerberg’s assets.


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Well at least he got something from it, but I am wondering he must be thinking what if I had charge more.. But Mark saw something as he always do and took a chance..
 
He is lucky he got anything for it other than a fight he could never win.
 

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