Quote:
Originally Posted by bhutocracy
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I remember that article.
Funny that newspaper classifieds were dying as a business model even then...
"Kremen received only $50,000 cash from the Match sale. He retained stock in ECI, but that eventually became worthless, as the company went out of business in 2004 after continuing to pursue the flawed business model of providing back-end technology to newspapers.
Read more:
http://www.businessinsider.com/match...#ixzz2A6NECBq6