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2008

Royal Pingdom » Billion-dollar Web acquisitions that crashed and burned

by kasi77
By the end of the nineties the Web had risen to become a huge factor in the world economy, and we were at the height of the dot-com bubble. Billion-dollar acquisitions of Web companies were not uncommon. This article lists billion-dollar Web acquisitions that never delivered on their promise. Some companies and services dwindled away into obscurity, some were sold for significantly less money than they were bought for, and some just crashed and burned. Many of these brands are still in use today, though they don’t have the luster they once had.

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