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Ammar
Kubba
Brian
Harbin
Grit Brokerage Founder |
I
knew that a thought-provoking domain like Wisdom.ai
would be right up Ammar's alley because his
personal blog is at AfterTHOUGHT.com
and he describes himself as an entrepreneur,
investor, adviser and lifelong learner
(with the latter no doubt being the most important
to him of the four). While it is not
surprising that Wisdom.ai would catch his eye,
he did have some doubts about that
flirtation when it began seven years ago
- long before the current .ai boom.
Ammar told me,
"I acquired the domain in 2018 in a
Park.io auction. It was my first .ai acquisition, and I recall second-guessing my decision to spend that much on a
virtually unknown extension with no end user adoption. The domain only got a handful of inquiries over the first five years I owned it, and then
in 2023, interest started ramping up. That's around the time when Brian first reached out on behalf of his buyer. We weren't able to come to terms at that time, so I assumed his client had decided to move on. Then, a few months ago, Brian reached out again
and over the next few weeks, we had some good conversations and eventually arrived at a number that worked for everyone."
Before
that happy ending, Ammar re-priced the name
several times, showing how ambivalent
he was about letting go of a name that
encapsulated what he is all about. "I
originally bought Wisdom.ai because I
loved the connotation and the combination
of the SLD with the TLD, so I was
in no rush to sell," Ammar concurred.
"I suspect Brian (and his client) would
tell you that I was quite rigid. In
fact, I had originally priced the domain at $250,000
when I first acquired it, then raised it to $500,000,
then to $750,000, and finally to $990,000.
I saw the .ai market moving, and I adjusted
accordingly. I'm pretty sure I left some
money on the table, and I'm pretty sure the
buyer paid more than they wanted to, but that's
a win-win in my book. You can't always
get what you want, but if you try sometimes,
well, you just might find, you get what you
need!" (Apparently, Ammar also needs to
add "lifelong Rolling Stones fan"
to his resume)!
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