One individual with direct knowledge of Xiaomi’s fundraising said the mooted Facebook investment was “not huge”, but the talks underscore how ties between U.S. The discussions, at a private dinner when Zuckerberg visited Beijing in October, were never formalised, three of those people said, as the two CEOs weighed the political and commercial implications of Facebook - which has been banned in China since 2009 - buying into the Chinese tech star now valued at $45 billion. But, this is my first deal and I have no regrets.”Īmal was not available for comments.HONG KONG/BEIJING, Jan 12 (Reuters) - Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China’s top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialised, several people with knowledge of the matter told Reuters. In fact, my friends later told me I could have made a better deal. To my surprise, they agreed to the amount which I demanded. “They asked me what my purchase amount is and I said $700, thinking they would agree for at least $500. But that would make $700 too meagre a sum, right? Especially when you strike a deal with the wealth management of one of the richest men on earth? Amal begs to differ The domain now redirects to īut little did Amal know that it was Sarah Kim from ICONIQ Capital, the wealth manager of Mark Zuckerberg who contacted him through GoDaddy and this domain could be used by max in the future. Surprisingly, no negotiations were made and the deal was closed at 700 $.
He quoted a decent 700$ hoping to close the deal at 500$.
However, he was pleasantly surprised when contacted by GoDaddy expressing interest in buying the domain. Well, was hoping to sell it of to MarkZuckerberg, someday? We don't know but all gamblers should bet on their luck, shouldn’t they? A frequent cybersquatter, it was among the many other domains that he bought. While all this happened, Amal Augustine, a 21-year-old electronic and communication engineering student at KMEA Engineering College, Aluva, bought a domain named ‘’. Well, all this made Max arguably the most famous toddler on earth. On December 1, Mark Zuckerberg announced the birth of his daughter Maxima Chan Zuckerberg and then wrote an emotional letter to her promising to use 99% percent of Facebook's share (valued at $45 Billion) for social initiatives. And what's more, it is totally legal, of course! You can buy a domain for less than Rs 100 and sell it off to the buyer, easily making a profit of 400 to 500 percent on more. It involves buying domains with names of important person or events and selling them off to someone who would actually want them. Have you heard of cybersquatting? Cybersquatting is the tech-geek version of gambling. But what is it that Amal had that got no less than Mark Zuckerberg interested? But yes, he did sell something that was bought by Zuckerberg’s Asset Management firm ICONIQ Capital. If that’s what you were expecting, sorry to disappoint you.
Amal Agustine didn’t sit across the table, shake hands with Mike and say “ it was nice doing business with you” at the end of the meeting.
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