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No fucking duh ... the dude sold his website for a LOT of money (wich never made it back btw) just before the dot com boom.
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I wouldn't say it never made it back. Yahoo! used the technology for their launch cast stuff and a lot of other crap. Yahoo! was acquiring services to get people to Yahoo.com and to signup for accounts. I believe the sale was also primarily in stock, which isn't as big a hit as cash to the company.