Chandler bought Goodreads.com for $5,000 after goodread.com was priced at $50,000
Otis Chandler · Goodreads: Otis and Elizabeth Chandler · Feb 7, 2022 · at 29:56
Otis Chandler is the co-founder of Goodreads. He describes naming the social book platform and negotiating the purchase of its domain name in 2006 out of his personal savings.
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“And then I tried to go buy good read, singular, and it was like 50,000 dollars, and I was like, okay, forget that. And then I tried the plural, good reads, and it was not available. So I just bought goodreads with a z dot com for, you know, just to use while I built it. But then I went and negotiated for Goodreads with an S, and I think the negotiation over email went like this. It's 5000 dollars, and I said, well, that's a lot of money working out of my savings here, so how about 2500? Like, a few days later, 5000. And I said, how about 3500? A few days later, 5000.”
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