purchases Recursion.com changed hands for $904,000 in Dec 2020

[GeorgeK]

As I noted on Twitter earlier today:

https://twitter.com/x/status/1375816903197925380

the Recursion.com domain name changed hands in December 2020 for USD $904,000. It's a nice public "comparable" for those who own superior and shorter one word dot-coms, given "recursion" is a relatively obscure 3-syllable and 9-letter word.

The purchaser was Recursion Pharmaceuticals, who is planning an IPO.

 

[GeorgeK]

By the way, Recursion Pharmaceuticals had already raised $239MM in a series D funding in Sept 2020:

https://www.recursion.com/news/series-d

so they invested less than 0.5% of that war chest on the domain name.

 

[namemarket]

By the way, Recursion Pharmaceuticals had already raised $239MM in a series D funding in Sept 2020

Can I please ask you how you know about funding and raising money, not just on Recursion but all of them?

 

[Reallybigidea.com]

is it was sold naked domain or with business?

 

[Kingslayer]

Great sale, thanks for the info.

 

[GeorgeK]

Can I please ask you how you know about funding and raising money, not just on Recursion but all of them?

One can do a search in Google, e.g. "company name funding" (without the quotes), and see if that reveals anything.

 

[GeorgeK]

is it was sold naked domain or with business?

Just the domain.

 

[tourismtourism]

Word domains are worth holding for a long time

 

[MadAboutDomains]

Word domains are worth holding for a long time

So the moral of the story is that we should renew our 1 word domains again and again?

Some would say we should do it recursively...

 

[PhongSGC]

may any1 know out/inbound? how long the deal lasts?