Big exits for New York consumer internet startups?
Dear lazyweb,
What was the last 9-figure ($100MM+) exit for a New York based company specializing in consumer internet?
For some reason, I'm having trouble thinking of one...
Thanks!
Andrew
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January 05, 2008
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quigo > $300MM
Posted by:amit shafrir | January 06, 2008 at 05:43 PM
Hmmm I know of Quigo, but it's not consumer internet - Quigo's an ad network. (By that count, Tacoda/Quigo/DCLK/etc are all winners..)
I'm just looking for straight consumer internet.
Posted by:Andrew Chen | January 06, 2008 at 06:31 PM
Andrew,
The last confirmed acquisition that I am aware of was Getty's purchase of WireImage for $200M in early 2007. Here are some other notable consumer internet acquisitions in 2007:
- TheStreet.com sells minority stake for $55M
- Hearst buys RealAge for a rumored $100M+
- Fotolog acquired for $90M
- Hearst buys UGO for a rumored $100M+
- Getty buys WireImage for $200M
Brian
Posted by:Brian Feinstein | January 06, 2008 at 11:31 PM
That's so cool. I haven't updated myself about all these lately. So, thanks for the heads up.
Posted by:Daniel Mcgonagle | January 07, 2008 at 05:01 AM