Look at this article from 2000 – How things have changed or Not

June 24, 2006 at 4:29 am Leave a comment

http://www.internet-law-firm.com/articles/LinkMag_may_2000_.htm

  Martin’s ragingbull.com was a force to be reckoned with in mere months. It caught the eye of CMGI, the world's largest and most diverse network of Internet companies. Its chairman, David Wetherthell, hammered out a deal to fund the site over pizzas with Martin and his two cofounders. In February, the start-up was acquired by portal and search engine behemoth AltaVista for an undisclosed sum. How much? A few months before the buyout, Martin turned down an offer of $200 million. Raging Bull currently controls about 5.6 million shares of AltaVista stock, according to Securities and Exhange Commission filings. So you do the math. "Now we’re playing in the big leagues," Martin quipped after clinching the deal.

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Entry filed under: Internet Startup.

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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