Adam Strong from Evergreen sent me a link to a video interview Jason Calacanis did with ROOM CEO Brian Chen, as part of his This Week In Startups series. In the interview, Jason asked Brian about the company’s brand match domain name (skip to 2:42 if that is the only aspect of the interview that interests you). The two discuss the value of the domain name and Brian discussed why his company felt the need to acquire this brand match .com domain name.
Here’s the interview:
While Brian did not reveal the purchase price for Room.com, he did share that the domain name was acquired using a 5 year payment plan. A quick Google search revealed that the purchase price of Room.com had already been shared: $1.5 million. Here’s an excerpt from Ron Jackson’s article, in which Michael Castello of CCIN revealed the sale price of Room.com:
“Now we can unveil, for the first time, another chapter in the Castello saga – this one centered on a $1.5 million deal Michael has just made to send Room.com to the owners of GetRoom.com, a well established corporation that helps companies find innovative ways to increase their available workspace. Room.com will give them the kind of unforgettable one-word .com brand that so many growing companies are looking for today.”