Comments on: Edgeio Assets Acquired By LookSmart http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/ Startup and Technology News Wed, 09 Jul 2008 05:05:42 +0000 http://wordpress.org/?v=2.5.1 By: What To Do With Failed Startup IP? http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-2273961 What To Do With Failed Startup IP? Tue, 06 May 2008 09:29:13 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-2273961 [...] example, a company that I co-founded and which failed late last year. Most of the IP assets were sold to third parties, and the proceeds went to pay off those who were entitled to the [...] [...] example, a company that I co-founded and which failed late last year. Most of the IP assets were sold to third parties, and the proceeds went to pay off those who were entitled to the [...]

]]> By: Anon http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1899695 Anon Sat, 05 Jan 2008 01:01:47 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1899695 They ARE powering Wikia's ad platform. They ARE powering Wikia’s ad platform.

]]> By: Neomeme » Pre-Revenue http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1871772 Neomeme » Pre-Revenue Tue, 25 Dec 2007 03:52:29 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1871772 [...] which, after tons of hype and TechCruch promotion, and burning through $6 million in funding, got acquired for a paltry $280,000 in a once again much-hyped online auction. I wanted to get in on the bidding, [...] [...] which, after tons of hype and TechCruch promotion, and burning through $6 million in funding, got acquired for a paltry $280,000 in a once again much-hyped online auction. I wanted to get in on the bidding, [...]

]]> By: Willem http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1871203 Willem Mon, 24 Dec 2007 23:04:55 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1871203 I am happy for the founders and Keith, good luck with the next phase I am happy for the founders and Keith, good luck with the next phase

]]> By: Mike http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866563 Mike Sun, 23 Dec 2007 14:36:29 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866563 "I didn’t even know Looksmart was still in business." 55 mil. in the bank, no debt, powers many high profile website PPC platforms like ASK.com. They will be powering the ad platform for Wikia. Not dead by a long shot. “I didn’t even know Looksmart was still in business.”

55 mil. in the bank, no debt, powers many high profile website PPC platforms like ASK.com.
They will be powering the ad platform for Wikia.
Not dead by a long shot.

]]> By: Keith Teare http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866137 Keith Teare Sun, 23 Dec 2007 08:43:32 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866137 @Josh Couldn't agree more. But our primary investor was not willing to see beyond the end of January and so your approach would not have been viable. I continue to believe edgeio is focused on a huge opportunity that can be delivered relatively inexpensively. At some point soon I will tell the whole story. Keith Teare ceo/edgeio @Josh

Couldn’t agree more. But our primary investor was not willing to see beyond the end of January and so your approach would not have been viable. I continue to believe edgeio is focused on a huge opportunity that can be delivered relatively inexpensively.

At some point soon I will tell the whole story.

Keith Teare
ceo/edgeio

]]> By: Keith Teare http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866134 Keith Teare Sun, 23 Dec 2007 08:40:59 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866134 @iwantaiphone There is more of a conversation here than on my blog. This seems a more effective way to communicate. @iwantaiphone

There is more of a conversation here than on my blog. This seems a more effective way to communicate.

]]> By: Clyde Smith http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866094 Clyde Smith Sun, 23 Dec 2007 08:08:02 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1866094 That's a positive turn of events in many ways. I'm glad to see that. That’s a positive turn of events in many ways. I’m glad to see that.

]]> By: iwantaiphone http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1865006 iwantaiphone Sat, 22 Dec 2007 22:54:35 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1865006 @ keith You find time to come on here and post comments but your own blog hasnt been updated since sept 7, what gives. CEO lmao. @ keith

You find time to come on here and post comments but your own blog hasnt been updated since sept 7, what gives. CEO lmao.

]]> By: Deal-maker Strategies http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1864584 Deal-maker Strategies Sat, 22 Dec 2007 19:14:42 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1864584 Wow, talk about a name from the last millenium! I didn't even know Looksmart was still in business. Wow, talk about a name from the last millenium! I didn’t even know Looksmart was still in business.

]]> By: Looksmart Acquires Edgeio’s Assets « Classifieds FreeAdLists http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1864040 Looksmart Acquires Edgeio’s Assets « Classifieds FreeAdLists Sat, 22 Dec 2007 13:30:33 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1864040 [...] Acquires Edgeio’s Assets Edgeio.com finally found a suitor for its assets. TechCrunch reported Looksmart.com, a provider of advertising solutions, made the winning bid of $280K. By the [...] [...] Acquires Edgeio’s Assets Edgeio.com finally found a suitor for its assets. TechCrunch reported Looksmart.com, a provider of advertising solutions, made the winning bid of $280K. By the [...]

]]> By: Josh http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863950 Josh Sat, 22 Dec 2007 12:46:21 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863950 I spent some time going through the Edgeio documentation. For the life of me I do not understand why they decided to shut the company down. Costs could easily have been trimmed to several grand a month or even less. Downsizing the operation and bootstrapping it from then on would have been the way to protect your investment. I spent some time going through the Edgeio documentation. For the life of me I do not understand why they decided to shut the company down. Costs could easily have been trimmed to several grand a month or even less. Downsizing the operation and bootstrapping it from then on would have been the way to protect your investment.

]]> By: Keith Teare http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863897 Keith Teare Sat, 22 Dec 2007 12:22:20 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863897 A couple of people have asked about the ARES sale. The reserve on ARES was $150,000. Despite a lot of interest in the assets nobody bid the reserve. As a result there was no buyer. In discussions today we have decided to re-auction the ARES assets, but with no reserve. The auction will run through next Wednesday. Keith Teare ceo/edgeio A couple of people have asked about the ARES sale.

The reserve on ARES was $150,000. Despite a lot of interest in the assets nobody bid the reserve. As a result there was no buyer.

In discussions today we have decided to re-auction the ARES assets, but with no reserve. The auction will run through next Wednesday.

Keith Teare
ceo/edgeio

]]> By: Ramblings of an entrepreneur » Looksmart acquires Edgeio http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863359 Ramblings of an entrepreneur » Looksmart acquires Edgeio Sat, 22 Dec 2007 08:24:22 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863359 [...] on the Nasdaq, today acquired most of the assets of Edgeio according to Michael Arrington of Techrunch. Edgeio, a company co-founded by Arrington provides online classified services that benefits [...] [...] on the Nasdaq, today acquired most of the assets of Edgeio according to Michael Arrington of Techrunch. Edgeio, a company co-founded by Arrington provides online classified services that benefits [...]

]]> By: elegance http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863357 elegance Sat, 22 Dec 2007 08:22:24 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863357 Oh what next Looksmart goes into dead pool? Is TC going to advertise the assets of all future companies that enter the dead pool? Inc Looksmart? Nice sale btw. 6 million investment = 280K return. Now that's what I call a good business investment. Oh what next Looksmart goes into dead pool?

Is TC going to advertise the assets of all future companies that enter the dead pool? Inc Looksmart?

Nice sale btw. 6 million investment = 280K return. Now that’s what I call a good business investment.

]]> By: David Mackey http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863077 David Mackey Sat, 22 Dec 2007 02:21:58 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1863077 Wow. Looksmart is still around? Didn't everything they ran die off? What are they doing these days? Wow. Looksmart is still around? Didn’t everything they ran die off? What are they doing these days?

]]> By: biggie http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862829 biggie Sat, 22 Dec 2007 00:36:11 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862829 I love the new media. You get to report on yourself. Is this news? Yawn. I love the new media. You get to report on yourself. Is this news? Yawn.

]]> By: LookMartti http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862770 LookMartti Sat, 22 Dec 2007 00:05:44 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862770 Looksmart looked like they were going somewhere with a money making idea when they started FindArticles. CNet bought FindArticles from LookSmart for $20.5 million not too long ago, and after that, I don't they have any real traction or real sense of direction as of now, public company or not. Looksmart looked like they were going somewhere with a money making idea when they started FindArticles.

CNet bought FindArticles from LookSmart for $20.5 million not too long ago, and after that, I don’t they have any real traction or real sense of direction as of now, public company or not.

]]> By: drew http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862742 drew Fri, 21 Dec 2007 23:52:34 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862742 here the wordpress plugin for edgeio. http://wordpress.org/extend/plugins/edgeio-classifieds/ too bad i finished it 1 day before we went bust :( its not even made to svn yet, so technically guys from looksmart need it.. drop me a line for details. here the wordpress plugin for edgeio. http://wordpress.org/extend/pl.....assifieds/
too bad i finished it 1 day before we went bust :(
its not even made to svn yet, so technically guys from looksmart need it.. drop me a line for details.

]]> By: loren nason http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862718 loren nason Fri, 21 Dec 2007 23:38:54 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862718 What about ARES???? What about ARES????

]]> By: Ballmer http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862683 Ballmer Fri, 21 Dec 2007 23:17:56 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862683 Some old comodore computers and office furniture! lol fakesteveballmer.blogspot.com Some old comodore computers and office furniture!

lol
fakesteveballmer.blogspot.com

]]> By: JasonMcIntyre http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862646 JasonMcIntyre Fri, 21 Dec 2007 22:52:58 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862646 Its hard to see Looksmart ever regaining ground from the heyday. The have tried to reinvent themselves 3 or 4 times now. Its hard to see Looksmart ever regaining ground from the heyday.

The have tried to reinvent themselves 3 or 4 times now.

]]> By: teddy http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862584 teddy Fri, 21 Dec 2007 22:20:41 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862584 Looksmart, huh? Blind leading the blind... Looksmart, huh? Blind leading the blind…

]]> By: Joel Cheesman http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862568 Joel Cheesman Fri, 21 Dec 2007 22:09:29 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862568 There are a lot of similar businesses who can't be too optimistic about the final bid amount. Hard to believe a company that raised $5 million - and was attached to Arrington - could go for such a meager sum. There are a lot of similar businesses who can’t be too optimistic about the final bid amount. Hard to believe a company that raised $5 million - and was attached to Arrington - could go for such a meager sum.

]]> By: Robin Wauters http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862553 Robin Wauters Fri, 21 Dec 2007 22:02:02 +0000 http://www.techcrunch.com/2007/12/21/edgeio-assets-acquired-by-looksmart/#comment-1862553 Well that should shut up all the people pointing to the fact that there was no bid on the public auction page so far. Good that someone picked up the assets, because the general idea was sound enough. Look forward to seeing what the future will bring for these types of websites. Well that should shut up all the people pointing to the fact that there was no bid on the public auction page so far. Good that someone picked up the assets, because the general idea was sound enough. Look forward to seeing what the future will bring for these types of websites.

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