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Was GoTo still a private company?

April 26, 2017COMPANY goto private

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Was GoTo still a private company?

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SW: They were a public company by then. But they went public in late 1998. They had quite a bit of revenue compared to a lot of other Internet companies. They had a business model and were able to monetize. SM: How much you sell the option company for? SW: That was about $120 million. SM: Did you have revenue? SW: We didn’t have any revenue. SM: So you got the end of the bubble? SW: We did. SM: What was your next move? SW: We rode out the storm with GoTo.com, which was nice because we had a lot more resources. They took over the search engine part of what we did and integrated a lot of the technologies into their search experience. That left us with a large headcount and little work. We started to experiment a little bit. Initially AuctionRover had two business models, buying and selling. We had only been able to execute on the buying part, so we started experimenting on the selling side of things. We started focusing on helping eBay sellers. We came out with a small business selling a