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> Firmage rose to fame after founding a software company from his bedroom in Salt Lake City when he was a teenager, later selling it for $24 million to Novell a
by RestartKernel 2y ago
> Firmage rose to fame after founding a software company from his bedroom in Salt Lake City when he was a teenager, later selling it for $24 million to Novell and founding the digital design company USWeb in 1995.
https://www.axios.com/local/salt-lake-city/2024/02/29/joe-firmage-ponzi-scheme-lawsuit-elder-abuse-usweb-novell-utah https://www.axios.com/local/salt-lake-city/2024/02/29/joe-fi...
> USWeb's business model focused on acquisitions of small, independent web design firms and their client bases, with the company's public stock as payment; in all, it bought more than three dozen other companies
https://en.m.wikipedia.org/wiki/USWeb https://en.m.wikipedia.org/wiki/USWeb
The article is paywalled, but the "pioneer" moniker seems to stem from this business model?
- anotheruser13 2y agoWorked for Whittman-Hart, which merged with USWeb. Heard Firmage wasn't part of it because of his belief in space aliens. Good to finally get the whole story.