Teachable Sold for $250MM in 2020, Purchased Teachable.com for $25K in 2015
Teachable just sold for a reported $250 million but what did they pay for their domain name Teachable.com? A cool $25,000 in 2015. Here are the details.
Mixergy continues to be one of my favorite entrepreneur-focused podcast shows because the host, Andrew Warner, never holds back asking the questions we want to hear as entrepreneurs.
Not surprisingly, I find it most interesting how entrepreneurs and founders think about branding, how much they pay for their domain names, and what they think about that price.
On a recent show, Andrew Warner interviewed Ankur Nagpal, the founder of Teachable.com. Teachable was recently purchased by Hotmart — a larger education technology platform — in March, 2020 for a reported 250 million dollars.
Andrew Warner, who has interviewed hundreds of leading companies and founders has a good pulse on what makes a good brand:
Andrew Warner: I wonder if they’ll change name to teachable. Hotmart — it’s a good brand, but teachable is great name.
Ankur Nagpal: Yeah, I love it and obviously you know I have I feel about that in a certain way but we’ll see how it goes. So it was a merger acquisition. Yeah, go ahead.
Andrew Warner then moves right into what Teachable used to be called, and his mind immediately switches to the question everyone wants to know: how much did Ankur Nagpal pay for the domain name Teachable.com.
Andrew Warner: You used to be called Fedora. What did you pay for Teachable.com?
Ankur Nagpal: 25k or so [$25,000] — it was in the 20s. It was not a bad deal, right?
Andrew Warner: Not at all. That’s a great name, yeah.
Andrew Warner: And when it was Fedora, wasn’t it called like GetFedora.com for the domain name or something?
Ankur Nagpal: UseFedora.com. Yeah, it was a good time.
Knowing the price paid is only half the data needed for other founders and entrepreneurs to put the story together. They also need to know the date it was purchased, because premium domain names — like rare artwork, collectables, and classic cars — increase in value over time.
So I went to my go-to source, DomainIQ.com, where I look at the Whois historical report and see that the email address, registrant and organization all changed in 2015 from the prior owner to Teachable.
Congratulations to Ankar Nagpal, the Teachable team, and the Hotmart team on their acquisition. And keep up the good work, Andrew Warner.
Listen to the full interview episode: https://mixergy.com/interviews/teachable-with-ankur-nagpal/