Monday, June 23, 2008

Once an Internet Giant, InfoSpace Dismantles Itself - NYTimes.com

Ouch...

Anyone who took note of this might remember that InfoSpace was once an Internet juggernaut, worth $31 billion back in March 2000. Supporters said at the time that it was poised to dominate the market for local online advertising.

Today, the company’s share of the search industry does not even reach 1 percent, and its name joins the scrap heap of once-formidable Internet brands, like AltaVista, that did not make it through.

Once an Internet Giant, InfoSpace Dismantles Itself - NYTimes.com

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