Chat Is Cheap But Not Any More. Expensive Domain Names.

Dharmesh Shah CTO of HubSpot spotted an opportunity, buying domain name Chat.com $15.5m!

Less than a year later he sold it again for $20m!

The buyer none less than Open AI CEO Sam Altman!

Shah got a pretty healthy return on his investment, even accepting 50% of the sale price as Open AI stock! This may well turn out be an even better deal.

Speculation in the domain name market faded years ago when trademark rights top trumped just owning the domain name. Four letter domains are increasingly rare thus pushing up the prices in the secondary market.

We can only assume that Sam Altman prefers chat.com to chatgpt.com, and in his view that change is worth $20m plus all the associated rebranding and PR costs!

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I am a strategy consultant focussed on intellectual property and dedicated to helping people and business to make the best use of all available IP to compete and win in the marketplace.

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