How much did it cost for Facebook to acquire the pithy fb.com URL? A cool $8.5 million. But don’t worry, that money went to a good cause–the American Farm Bureau. With a few extra million in its budget, the Farm Bureau moved over to fb.org–all said, probably a more appropriate for a nonprofit aimed at protecting the interests of American farmers.
We could probably think up a few more inappropriate organizations that might want use of those five letters…
Zuckerberg announced the purchase back in November, but didn’t release any financial information. It was the Farm Bureau that let slip the price tag during an annual meeting. The company is “barred from identifying the buyer,” but well, TechCrunch put two and two together.
The site also picked out this choice quote, “At their annual meeting in Atlanta, Farm Bureau officials on Tuesday said the organization earned $8.5 million by selling a couple of domain names but is barred from identifying the buyer.”
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