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A British company upgraded to the coveted Hopin.com for $375,000!
Industry Information
24 May 2024 04:07:51 PM
Abstract:
British company Hopin has had its fair share of ups and downs in recent years, starting with Hopin.to and then "upgrading" to the shorter domain Hop.in.After closing a $6.5 million funding round, the company spent another $50,000 on the
British company Hopin has had its fair share of ups and downs in recent years, starting with Hopin.to and then "upgrading" to the shorter domain Hop.in.
After closing a $6.5 million funding round, the company spent another $50,000 on the 2020 transition to the Indian ccTLD.
But then they woke up: it was time to acquire the matching .com domain, Hopin.com.
The only problem: the domain was being used by a Greek travel service company founded in 1952. Hopin.com has been their domain name since 1998, along with its Greek counterpart in the country code top-level domain, Hopin.gr.
The British company Hopin recently relocated its headquarters to the United States.
Hopin.com upgraded from .to to .in to .com
Hopin co-founder DaveSchools shares a short but amazing story about how the company spent $375,000 to acquire the domain name Hopin.com from an Athens registrar.
Over the course of a year, they sent 12 emails, but most likely did not receive any substantial offers. Once a $50,000 offer was mentioned, the registrant responded.
Hopin needed to launch .com quickly and time was of the essence; being well funded helped seal the deal. According to Dave Schools, they got the domain 30 minutes before an important company meeting.
The sale of Hopin.com for $375,000 is certainly a huge cash injection for the Greek company, which operates through Hopin.gr but still displays .com in one of its graphics!
Source: domaingang
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