"We sold the business in pieces to people we did business with over the years"
That doesn't sound like an acquisition
"that company made 38.5 million dollars a year"
No, they made $38.5 million dollars ONE YEAR. The year before, it was 5.5 ... the year after, who knows ...
I guess little semantic games like this are necessary when you need to position yourself as a seasoned expert–for the purposes of gaining readership to your blog or selling your book.
I think it's mentioned that part of his company was sold to brad greenspan of euniverse/intermix(myspace) fame. I don't know how much this reflects on Andrew and/or mailbits, but brad greenspan and euniverse are know for, among other things, 'legitimizing' the adware business, until most everyone realized it wasn't legitimate. Also euniverse and brad had a pretty well publicized accounting fraud scandal that resulted in him leaving euniverse. Anyone that worked in the LA online advertising business during the late 90s early 00s will know euniverse is about as shady as shady can get, without actually getting thrown in jail.
Some startups would be happy to get $38.5 M in revenue ANY YEAR. You can knock the guy all you like, but he's been through the trenches and his Mixergy content is pretty good.
Comments
"We sold the business in pieces to people we did business with over the years"
That doesn't sound like an acquisition
"that company made 38.5 million dollars a year"
No, they made $38.5 million dollars ONE YEAR. The year before, it was 5.5 ... the year after, who knows ...
I guess little semantic games like this are necessary when you need to position yourself as a seasoned expert–for the purposes of gaining readership to your blog or selling your book.
I think it's mentioned that part of his company was sold to brad greenspan of euniverse/intermix(myspace) fame. I don't know how much this reflects on Andrew and/or mailbits, but brad greenspan and euniverse are know for, among other things, 'legitimizing' the adware business, until most everyone realized it wasn't legitimate. Also euniverse and brad had a pretty well publicized accounting fraud scandal that resulted in him leaving euniverse. Anyone that worked in the LA online advertising business during the late 90s early 00s will know euniverse is about as shady as shady can get, without actually getting thrown in jail.
Some startups would be happy to get $38.5 M in revenue ANY YEAR. You can knock the guy all you like, but he's been through the trenches and his Mixergy content is pretty good.