CGI Holding Raises $17M
Taking pages from the IAC playbook, CGI continues to gobble up companies and raise capital. With $17.5 million of fresh cash from Wachovia Bank, CGI has enough bank to continue the acquisition trend. Kowabunga is most well-know property and likely a cash cow, I know...Sex.com sells for $14M
BoingBoing says sex.com (not worksafe) has been picked up for a cool $14 million by a web development company called Escom. A social network is in the works. Owner Gary Kremen should be familiar, he founded Match.com. I’ve covered the backstory here a few times...Meetic invests in eFriendsNet
Meetic, the gigantic EU dating sites, has taken a 70% stake in EfriendsNet, the online dating leader in China. Founded in November 2003 and based in Beijing, eFriendsNet – the owner of efriendsnet.com web site launched in January 2004 – has rapidly become...Think Partnership to Acquire Litmus Media
CGI Holding Corporation, which plans to seek shareholder approval to change its name to Think Partnership Inc. (“THK”) today announced that the Company has entered into a letter of intent to acquire Litmus Media, Inc., which has developed and implemented...Myspace, the full story
Cliff Kurtzman sent me a link to his article, The Acquisition of MySpace. Great stuff, a must-read if you’re at all interested in the history of Myspace and want to know more about it’s financials. Also talks about Friendster. [tags: myspace]
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
