Archive for the 'Inspiration' Category

Trade Me Sells for $670 Million

Tuesday, March 7th, 2006

The Fairfax publishing group continued the trend of Australia media companies pushing to acquire more of the web this week by purchasing New Zealand’s equivalent of eBay - Trade Me. eBay is present in NZ, but it doesn’t have the penetration that Trade Me has.
The sale of Trade Me netted it’s investors a cool $670 million. […]

The Hotmail Story

Friday, March 3rd, 2006

Sabeer Bhatia, the creator of Hotmail, was interviewed in 2004 on Triple J. You can hear the interview here:
http://www.abc.net.au/sydney/stories/s1240179.htm
It’s really worth a listen. I particularly love the part where Sabeer rejected a $140 million offer, then rejected a $350 million offer from Microsoft, and eventually pushed Bill Gates to $400 million.