Overstock.com, Inc. is an American internet retailer headquartered in Midvale, Utah, near Salt Lake City. Overstock.com was originally founded in 1997 by Robert Brazell as D2: Discounts Direct. Two years later, it was sold to Patrick M. Byrne who renamed it Overstock.com.

On November 1, 1999, the company purchased the domain names “Overstock.com,” “Overstocked.com,” and “Over-stock.com” for $111,000 from Haverford-Valley, L.C. d/b/a/ The Haverford Group, which is controlled by Patrick M. Byrne, then current President, Chief Executive Officer and a member of the board of directors.

On October 1, 1999, the company  entered into a Separation Agreement and Release with Mr. Robert Brazell, former President and Chief Executive Officer. Upon his resignation, the company paid Mr. Brazell a severance  and hired him as a consultant for approximately 18 months.