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So, who profited in 1999 when Lycos was sold for $5+B? Some quick Googling didn't result in any answers.
by ShabbyDoo 16y ago
So, who profited in 1999 when Lycos was sold for $5+B? Some quick Googling didn't result in any answers.
- olegk 16y agoIt was sold for $12.5 billion (in stock) to Terra Networks (Telefonica) in May 2000 (Telefonica stock is worth more now than it used to in 2000) So it looks like Lycos investors made a brilliant move.