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by BreakoutList 3964 days ago
Was answering the question above and came across this so figured I'd share -- though maybe Patrick/Stripe has changed his/their mind since then :-)

> We'd rather not disclose the amount, but it was less than you might think.

http://www.quora.com/How-much-did-Stripe-com-spend-on-their-...

1 comments

Yeah, now the challenge is just that I don't remember the exact amount :-). I believe $20k or $30k. We'd raised ~$1.8M by this point and so it seemed like a reasonable amount to spend.
The domain owner initially asked for $30k. We negotiated him down to $12.5k up front and another $12.5k a year later. As an early-stage startup, this structure was a huge win, since we expected we'd either raise money or no longer exist within the next year.
That was 2010 right ? I'm going to throw this out there...The 2015 price point for a dictionary .com name of that caliber is double that at least.