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You are here: Home / Domain Names / If You Didn’t Already Know, Facebook.com Was Sold for Just $200,000 in 2005

If You Didn’t Already Know, Facebook.com Was Sold for Just $200,000 in 2005

April 28, 2018 By John Colascione 1 Comment

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NEW YORK, NY – Way back in 2005, the huge social networking website known today as ‘Facebook’ began getting serious and received its first financial investment  from PayPal co-founder Peter Thiel. Shortly thereafter, the dorm room social project which began as TheFacebook.com, recognized the need for a shorter and better domain name, dropping the word “The” and becoming simply Facebook.com – the cost was $200,000.00.

When asked in 2009 by a TechCrunch interviewer, what he might do differently today if he knew any better, CEO Mark Zuckerberg said he “would get the right domain name”.

The Facebook.com domain name was originally owned by About Face Directory Services.

Previously to this domain name change, Facebook was known as “The Facebook”

Facebook, the company, has been no stranger to domain name acquisitions during its growth to super-stardom also acquiring the domains Messenger.com, Internet.org, and most notably, FB.com  for 8.5 Million from the  American Farm Bureau Federation.

Eliminating the word “The” from their domain was a good move. Amazingly, in 2000, someone actually paid $500,000.00 for the cool opportunity to own a domain which specifically included the word “The” when a private sale transpired for the domain ‘TheMortgage.com’. I’m not sure what that was all about, but it certainly makes the “Facebook.com” transaction look like a bargain for good ole Zuck.

John Colascione
John Colascione

About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®

Filed Under: Domain Names Tagged With: .mortgage, About Face, Directory, Domain Name, Facebook, Facebook.com, Farm Bureau, FB.com, Internet, Internet.org, Mark Zuckerberg, Messenger, Messenger.com, PayPal, Peter Thiel, Social Network, Social Networking, Social Networks, TechCrunch, The Mortgage, Zuckerberg

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Comments

  1. Leo Golan says

    April 30, 2018 at 6:40 am

    Yep, themortgage seems to be the most expensive “the” domain ever sold. But there are many others, in $5X range: https://namebio.com/?s==IDO3QDMycTM

    Reply

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John Colascione is Chief Executive of Internet Marketing Services Inc. He specializes in Website Monetization, authored a book called Mastering Your Website, and is a key player in several Internet businesses through his brand SEARCHEN®

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