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VentureBeat: Once worth $31B, Infospace mobile service sold for $135M
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anon · 2 years agoMotricity looks like a sham to me. It has raised an ungodly amount of money already despite being unable to generate organic growth. Icahn may be a super-star financier but is really that useful of an investor beyond providing cash at terms favorable to him?
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Michael Kantor · 2 years agoInfoSpace the company was once worth $31b, NOT it's mobile unit. The company was divided into 3 distinct units for which the web group generated the majority of revenue. The mobile unit was an important division, but only one division and not the whole.
