Dharmesh Shah made 126 crores by selling the domain and became a millionaire
To buy the chat.com domain, ChatGPT maker OpenAI has paid a hefty amount of 15 million US dollars, which is approximately 126 crores in Indian rupees. This domain is about 28 years old, it was registered in 1996. Dharmesh Shah has given information about the domain acquisition through his ex-handle. Along with this, Sam Altman has also posted.
A few days ago, there was a lot of discussion on the Internet about the JioHotstar domain. For this, the owner also demanded money from Reliance to release the domain. Recently, a domain was bought for an impressive amount of Rs 126 crore. OpenAI, the company that created ChatGPT, has purchased this domain.
The person selling this domain is Dharmesh Shah of Indian origin. Who is also the co-founder and CTO of HubSpot. What is there in this domain that OpenAI agreed to pay crores of rupees for it. Let's find out.
Indian-origin Dharmesh Shah himself has given information about the chat.com domain. According to him, OpenAI has paid a hefty amount of 15 million US dollars to buy this domain, which is approximately 126 crores in Indian rupees.
Many people have a question in their mind what is so special in this domain that Dharmesh Shah got crores of rupees for it. There are many reasons for this, firstly it is years old. Because of that, its credibility remains in the eyes of Google; it was registered in 1996, which means about 28 years older domain. Second, its simple name makes it special. A simple, old, and memorable domain usually has a high price.
Shah has provided information about the acquisition of this domain on his ex-handle. After that, he told me that chat.com is a brilliant domain and also very helpful in making the product successful. This deal has been completed for 15 million US dollars. The reason behind this purchase by OpenAI is to make its services easily available to the maximum number of people. The company wants its services to be accessible. Negotiations concerning this deal have been going on for quite some time now, and finally, it has been finalized.
Chat.com is a very short name and it is also easy to remember. This type of domain is called a "vanity domain". Nowadays the popularity of vanity domains is increasing a lot. Vanity domain is a domain that tells the identity of an individual or brand. It is a custom domain name that is easy to remember. This type of domain is also called a custom URL or branded URL.
