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Encyclopedia > EGroups

eGroups.com was an email list management web site. The site allowed users to create their own mailing lists and allowed others to sign up for membership on the list. The web site provided archives of the messages as well as list management functionality. Each group also had a shared calendar, file space, group chat, and a simple database. Electronic mailing lists are a special usage of e-mail that allows for widespread distribution of information to many Internet users. ... A website, Web site or WWW site (often shortened to just site) is a collection of webpages, that is, HTML/XHTML documents accessible via HTTP on the Internet; all publicly accessible websites in existence comprise the World Wide Web. ... A mailing list archive is a collection of past messages from one or more electronic mailing lists. ... A database is an organized collection of data. ...


The company originally started by Scott Hassan in January, 1997, as an email archiving service called FindMail. Carl Page, the brother of Google co-founder Larry Page, joined the company part-time in May 1997. In December, 1997, Scott decided to add the ability to host free mailing lists and called the new product MakeList.com. Martin Roscheisen joined as CEO in March 1998. Makelist.com quickly grew to 250,000 users before taking funding of $810K from Atlas Venture in May 1998. The post-money valuation was set at $4.5M. In June, 1998, the company was renamed to eGroups.com. In October, 1998, with 1.2 million users (growing at 12,000 users per day), the company had an offer on the table from Excite for $40M but decided to take $5.1M more investment money from Sequoia Capital. Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. ... Excite Excite is an Internet portal with an included search engine. ... Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. ...


In November 1999, Onelist and eGroups merged and started work on going public. The combined company was called eGroups.com, and it had 13 million users exchanging more than 1.3 billion email messages per month. In January 2000, the company raised another $42M and filed a S1 with the SEC in March 23, 2000.[1] ONElist was a free mailing list service created by Mark Fletcher in August, 1997. ... An initial public offering (IPO) is the first sale of a corporations common shares to public investors. ... The SEC form S-1 is used by public companies to register their securities with the U.S. Securities and Exchange Commission (SEC). ...


In August 2000 with 18 million users, the company was purchased by Yahoo! for $432M in a stock deal and became part of Yahoo! Groups.[2] Yahoo! Inc. ... Yahoo! Groups is an electronic mailing list service provided by Yahoo!. Yahoo! has over the years bought many other mailing list providers, including the popular eGroups, and combined them into one system. ...


  Results from FactBites:
 
Yahoo buys email list service eGroups in stock deal | CNET News.com (665 words)
Yahoo said it eventually will include eGroups in Corporate Yahoo, the recently launched version of its service for internal company use.
For Yahoo, impetus for the acquisition stemmed from eGroups' lead in the marketplace and its audience of 17 million members and 800,000 email lists.
eGroups and Yahoo also share a common thread: Both companies have Sequoia Capital's Michael Moritz on their board of directors.
EGroups - Wikipedia, the free encyclopedia (332 words)
The title of this article should be eGroups.
The initial letter is capitalized due to technical restrictions.
In November 1999, Onelist and eGroups merged and started work on going public.
  More results at FactBites »


 

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