| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 66728 | 2006-03-05 21:03:00 | TradeMe sold | Tukapa (62) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 435730 | 2006-03-05 21:03:00 | It may have been the butt of a few bad comments over the years in this forum but Sam Morgan has ensured he doesn't have to work ever again. $700 million. That's a fair amount of interest. Good on him! |
Tukapa (62) | ||
| 435731 | 2006-03-05 21:32:00 | I agree - good on him. I wouldn't really call it a surprise. Sam won't be pocketing the $700m - he owns 32% of the company, his father Gareth owns just under 7% and there are a number of other investors & friends etc who own the rest (source : Companies Office records as at 10.30am this morning). In any case, there will be many happy investors tonight! So long as nothing significant changes from a users perspective, hopefully it is business as usual! | andrew93 (249) | ||
| 435732 | 2006-03-05 21:46:00 | Who bought it? Telescum? |
netchicken (4843) | ||
| 435733 | 2006-03-05 21:47:00 | Fairfax NZ Ltd | Tukapa (62) | ||
| 435734 | 2006-03-05 21:52:00 | Metla will be staying by the phone today in case Fairfax want to add TradeF1 to the stable | Dally (6292) | ||
| 435735 | 2006-03-05 22:14:00 | Metla will be staying by the phone today in case Fairfax want to add TradeF1 to the stableExcellent! :lol: | Greg (193) | ||
| 435736 | 2006-03-05 22:27:00 | I often wondered when it would happen, that business was always prime pickings for the big boys Good on him, hope the new owners make a decent job of it |
bartsdadhomer (80) | ||
| 435737 | 2006-03-05 23:42:00 | Good on him for getting $700mil for it. Pity another NZ company sold off shore and run by the ozzys.. | paulw (1826) | ||
| 435738 | 2006-03-06 01:42:00 | Same here Good on him! :) & Well Done for getting $700 million! | stu161204 (123) | ||
| 435739 | 2006-03-06 04:28:00 | As nice as the money is...wish he refused... keep it a kiwi owned company... bloody aussies! as long they keep it exactly the same then all good.. and hope they dont increase prices or anything! oh well good on him...700million, nice, 32% of that..is still 224million, surely set up for life on that anyway...just live off the interest... :D that guy deserves a applause too, setting up a company from stratch, making it one of the most popular sites around...and selling it for that amount... |
csinclair83 (200) | ||
| 1 2 3 | |||||