True.com Sells for $350,000 at Sedo

Sedo broker Dave Evanson announced on his Twitter page that he co-brokered (with Ngear Hakikhani) the sale of the domain name True.com for $350,000.

True.com was acquired by TrueCar Inc. and at the time of writing this article it displays the following message :

”    We are True. An ecosystem of data driven companies committed to bringing transparency to complex marketplaces.

    See our first expression of this at
    TrueCar.com
    And stay tuned for what’s next.”

According to whois records, the domain name was first registered in 1994.

Congratulations to both the seller and the buyer.