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Actually they sold it three times. First to Excite@Home, then CNET, then American Greetings.
by dcurtis 18y ago
Actually they sold it three times.
First to Excite@Home, then CNET, then American Greetings.
- fallentimes 18y agoExcite@Home also paid $780 million for Blue Mountain.com then sold it to American Greetings for $35 million.
- ShabbyDoo 18y agoIt was sold three times. AG bought it from CNET -- the founders had nothing to do with that. Founders buying back companies for pennies on the dollar is surprisingly common. There's a 300-ish person consultancy in Cleveland with such a history . The founder cashed out twice.