Pay $2 million for Zoom.com? — Did Zoom

A clue in Zoom’s IPO filing hints at Zoom.com purchase price.

Late last year video conferencing firm Zoom purchased the domain name Zoom.com. A fresh clue suggests that the firm might have paid $2 million to acquire the domain name.

Media Options purchased the domain name last year and filed a trademark application to launch a domain name consulting service. Then it sold it to Zoom Communications, which uses the domain Zoom.us.

Zoom just filed to go public and its S-1 filing shows intangible asset purchases of $2.018 million in the fiscal year that ended January 31, 2019.

George Kirikos pointed out on twitter that $2.018 million is exactly what the firm would have paid if it used Escrow.com to complete a $2.0 million transaction:

For a $2,000,000 domain name transaction paid via wire at https://t.co/i8MQK0GIO6 , the fees just happen to be $17,800.00. $2,000,000 + $17,800 = $2,017,800 which is the same as $2,018,000 when rounded to the nearest $1,000. Coincidence? @andrewrosener @MediaOptions @zoom_us

— George Kirikos (@GeorgeKirikos) March 23, 2019

It’s possible that Zoom purchased other IP last year, but $2 million seems regarding right for this domain name given the circumstances.

The last known sales price for Zoom.com was $350,000 in equity back in 2010. That included the domain name and some intellectual property.