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Price Paid for Chat.com Last Year Confirmed to Be $15.5 Million Making It One of Top 2 All-Time Publicly Reported Domain Sales 

Last year at this time Hilco Digital Assets Managing Director Andrew Miller and fellow pioneering domain broker Larry Fischer were busy helping Hubspot Co-Founder and CTO Dharmesh Shah put together a multi-million acquisition of the super-premium domain name Chat.com. Andrew and Larry represented the seller but Andrew also served as a facilitator in bringing both sides together - a role he frequently plays due to the extraordinary high level contact list he has developed over the past two decades.

Having a hand in historic sales is nothing new for any one of these three. In 2022 Dharmesh acquired Connect.com for $10 million in the year's highest publicly reported sale (and one of the five highest ever). Andrew and Larry, working individually, together or with other partners have closed hundreds of millions of dollars worth of sales in their illustrious careers.

The exact price paid in eight-figure domain sales rarely gets released to the public and up until a few days ago, it seemed unlikely we would ever learn what Chat.com sold for in the spring of 2023. However, as Andrew noted on his LinkedIn feed, Dharmesh, during an interview on the Lenny Rachitsky podcast, revealed he had paid "$15 million+" for Chat.com. Ever since, people have been speculating about what that + represented (we were among them as having the exact price would allow us to chart the sale and give the public another great example of just how valuable top tier domains can be).

This week I've been in daily contact with Andrew because we are working on a profile about him that will be our next cover story (due out by the end of the month). It gave me an opportunity to talk with him about the Chat.com sale and see if there was any way he could confirm the exact price for me. He always strictly adheres to any non-disclosure agreement that is in place but with Dharmesh opening the door, Andrew was able to share that the price of the domain was  $15.5 million net for the name plus escrow and related costs.

Andrew Miller and Larry Fischer speaking at NamesCon 
Global 2023
in Austin,Texas about some of the biockbuster 
deals they have done together including Chat.com and Home.com.

With that information we will be adding Chat.com to the 2023 Top 100 Chart in our Domain Sales Archive Wednesday evening (April 17) when our next bi-weekly domain sales report will be out. In addition to being the #1 sale of that year, it will also be added to our all-time Top 20 list where it will stand at #2 behind only the $30 million sale of Voice.com. Congratulations to everyone involved in this landmark sale!

(Posted April 16, 2024)  

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