From $12.5 Billion to $95 million in four years…

02004-07-31 | Uncategorized | 0 comments

logo_lycos.gif
Early reports indicate Terra has sold Lycos
to an unnamed South Korean company for $95 million. Terra bought the company for $12.5 billion in 2000. Holy sh*t. Reminds me of AltaVista….
[John Battelle’s Searchblog]

Thank you! That makes me feel better about buying an analog mixing console in 1994 for 160k and selling it last year for only 20k…

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