Quote:
Originally Posted by HookUPcom
Yeah, remember the 23 year old kid from Boulder? He built and sold BlueMountainArts.com to Excite for $970,000,000.
It was an online greating card company that collected 13 million email addresses on Valantine's day, 1999 or 2000. No revenue... No value today.
He went on to build ProFlowers.com, and sold that for $500M when he was like 29.
But, once BlueMountain lost it's wave... It was gone.
I'm glad we haven't peaked.
|
Wow, interesting read! Did you know bluemountain sold again in 2001 for a "measle" 35 million? That's a drop from almost a BILLION dollars to 35 million. Ouch!
Can you imagine selling hookup.com for a billion, or even half a billion?
