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Topic: iStock nearly purchased by Jupiterimages  

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donnelt
« on: March 13, 2009, 12:18 »


According to Alan Meckler's blog, he was talked out of purchasing iStock in late 2003. 

http://www.alanmecklerblog.com/2009/03/thoughts-from-a-sale.html



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ZymmMan



« Reply #1 on: March 14, 2009, 10:59 »

You should not beleive every word a CEO writes on his blog. If he was convinced by others not to purchase Istock, then he is a lousy CEO. He should not brag about his obvious lack of sills. He also later sold Jupiterimages, once valued at $400 million for a mere $96 million. That final sum barely covered the debt he had accumulated.
Obviously, he is allowed to feel sorry for himself, but as a leader of a company, he should stop blaming others.


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