RecipeZaar.Com May Be Bought For $25M

July 19, 2007 at 8:31 am Leave a comment

Recipezaar, an online recipe site started in 1999 under the name Cookpoint.com, is in talks to be acquired for more than $25M by a large publishing company, reports the Seattle PI. RecipeZaar says its gets about 2.5M unique visitors. In addition to advertising, it also has a premium subscription plan. Last year, competitor (also in Seattle) AllRecipes.com was sold for $66M to Reader’s Digest.As with many Seattle startups, RecipeZaar was founded by a couple of Microsoft refugees who seem to have made the right decision to have left. RecipeZaar was founded by Troy Hakala and Gay Gilmore who never took funding so will pocket a substantial sum if the deal goes through.

recipezaar grab.png
Founders Hakala and Gilmore Bootstrapped RecipeZaar and Married Each Other Along The Way

See http://blog.seattlepi.nwsource.com/venture/archives/118242.asp#comments

form thealarmclock.com

Advertisements

Entry filed under: Internet Startup.

University Dropout becomes Billionaire MediaBistro.com sold for 23Million

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


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 .
July 2007
M T W T F S S
« Jun   Aug »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Blog Stats

  • 164,162 hits

Feeds


%d bloggers like this: