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Back in 2000, Telefonica bought Lycos for 12,5B$... A few years later were sold again for a few millions
by Javimoya 5y ago
Back in 2000, Telefonica bought Lycos for 12,5B$... A few years later were sold again for a few millions
- mrweasel 5y agoThe owners of the Danish Yahoo clone Jubii got rich by selling to Lycos, who sold it back to a Danish media company. It’s now owned by a Norweigen company. With each sale the site loses value.
- Nition 5y ago2013: Yahoo buys Tumblr for $1.1B. 2017: Verizon buys Yahoo for $4.8B. 2019: Verizon sells Tumblr to Automattic for reportedly <$3M.