anthonyjhicks.com

VeriSign Nabs NetSol for $21 Bil

Posted on 08 Mar 2000 in Internet

VeriSign buys Network Solutions in a $17.8 billion stock deal. Due to the fact that NetSol is probably profitable and has done very well over the past few years from its monopoly on Domain Name registrations it’s probably worth a bit, but $17.8 billion? Hurry up and burst bubble!

Very amusing quote from the article:

“With Network Solutions as the gateway to establishing online identity and Web presence, and VeriSign as the provider of Internet authentication, validation and payment services, our combined company will serve as the trust utility that will power the Internet economy,” Sclavos said.

http://www.wired.com/news/business/0,1367,34784,00.html

mySimon goes for US$700 million

Posted on 24 Jan 2000 in Internet

CNET purchased mySimon, a shopping comparison search engine, in a stock swap worth US$700 million. Damn!

http://www.mysimon.com

The Experience of Being Suddenly Rich

Posted on 06 Dec 1999 in Internet

“Many Internet execs eye the day when they’ll be worth millions of dollars. But when that day comes, it hits them like a train they never saw coming.” [TheStandard via ADH]

http://www.thestandard.com/article/display/0,1151,7812,00.html

pq

Posted on 04 Dec 1999 in Internet

Are all the good domains names for your latest ecommerce venture taken? No problems, just stick p and q around them: psearchq.com, pbooksq.com etc. [via MetaFilter]

http://piiq.com

Excite@Home buys Blue Mountain Arts

Posted on 26 Oct 1999 in Internet

This greeting card web site, one of my all time favorite Internet HATES, just sold for US$780 million in cash and stocks! Bloody hell.

http://www.bluemountain.com/

Salon article on Slashdot IPO

Posted on 21 Sep 1999 in Internet

“But what’s really remarkable is how little cash got this ball rolling. According to figures provided in the prospectus, from August to December 1998, Slashdot itself had net revenues of only $18,000. And yet its Internet profile was high enough to justify a selling price of $5 million in cash and $7 million worth of stock. Then, in turn, Andover.net’s purchase enabled it to go after $50 million in an IPO. Ya just gotta love the Internet economy.” (Salon Technology | Slashdot goes quiet)

http://www.salon.com/tech/log/1999/09/17/slashdot/index.html

Four IPOs Looking Smart

Posted on 24 Aug 1999 in Internet

Reports of the demise of the immensely profitable Internet stock debut evidently were greatly exaggerated. The Australian company LookSmart did very well today.

http://www.wired.com/news/news/business/story/21373.html

Be an Internet millionaire, and we may like you

Posted on 16 Aug 1999 in Internet

“We are constantly seeing stories in the media about young Internet entrepreneurs who look like they should be mowing lawns for spending money, except that they have the same net worth as Portugal”. Article in Miama Herald via slashdot.org