Lycos Acquired By Ybrant Digital

W. David Gardner: Lycos Inc., one of the early Internet companies that soared into the stratasphere before falling to the earth, has been acquired by an Indian company for $36 million. Lycos once commanded a valuation of $12.5 billion before Internet companies began unraveling more than a decade ago. Read that again, from $12.5 billion […]

W. David Gardner:

Lycos Inc., one of the early Internet companies that soared into the stratasphere before falling to the earth, has been acquired by an Indian company for $36 million. Lycos once commanded a valuation of $12.5 billion before Internet companies began unraveling more than a decade ago.

Read that again, from $12.5 billion to $36 million – that’s a drop.

Note: This site makes use of affiliate links where and when possible. These links may earn this site money when utilized. 

BECOME A MEMBER

Join Today, for Exclusive Access.


Posted

in

by