Meet the Guy Who bought for $12

Sanmay Ved became popular when he happened to buy the domain name. Sanmay Ved, later on, revealed all the details in a Linked In post.  It is a bit of an old story but fascinating to know if you have not come across it earlier.

Meet the Guy Who bought for $12 domain name is registered by Google, and the registering company is also Google.  If you are unaware of how domain names buy-sell process work, I will give a brief. You can buy any domain name for a specific period and own it say for ten years. At the end of the period, you have to pay again to the registrar if you wish to continue the domain name.

The domain name gets locked in your name, and no one else can buy it. For example, we have Candytech bought for next five years, and we can add some years whenever we want to, and in case we don’t do that at the end of 5 years the domain name will return to the public marketplace to be purchased by anyone.

Weirdly the became available on September 29, 2015, at 1:20 am, the became available. Sanmay Ved happens to be at the right place at the right time and spotted the opportunity and purchased the

The order went through thought the Google security team later canceled the order as in this case Google was the registration company if Google would not have been the registration company situation would have been more interesting.

It had happened before when the Hotmail UK domain accidentally got listed in public domain, and someone bought it from the marketplace.

The more exciting part is Google offered Sanmay Ved a reward for $6006.13 now it is fascinating and witty of Google to provide that value as it resembles GOOGLE ( 6006.13).  Sanmay Ved Plans to donate the amount he got from Google to Art of Living India foundation.

Quite fascinating you may too get lucky keep looking for domain names and may bag or

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