3 ms·
I love how he's only who he is today because he was lucky and picked the right time to sell his business. Same business would not be worth as much today.
by xasos 12y ago
I love how he's only who he is today because he was lucky and picked the right time to sell his business. Same business would not be worth as much today.
- adventured 12y agoTo be more specific, Broadcast.com would have likely went bankrupt very rapidly during the period of the dotcom bust (it would have been sold off for a small fraction of the Yahoo acquisition price). Financing would have disappeared, and Broadcast.com was losing as much money annually as it was doing in revenue, that bleed would have gotten much worse as advertisers disappeared. Yahoo ended up shuttering the business not long after the purchase. They couldn't make it work.