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.