Cars direct…I Mean Internet Brands Files for IPO
- Posted by Howard
- on August 21st, 2007
Obviously I am happy that Internet Brands – formerly Cars Direct – has filed for an IPO . It is my ‘Bubble Boy’. I have an embarrassingly large/greedy amount of money invested in this pig. The deal that contributed to the final straw of the first bubble and I was a stupid..now smart? investor. I begged to get in on that deal. I had to take a darkhorse as a stub – Rent.com – to get my piece. Oh those were the days.
The real problem is, last time they filed for an IPO, the stock market imploded like a month later.
I have some news for you. It’s been a month since they filed.
I am chanting and talking to my Weeejeee board tonight.
Oh ‘Bubble Boy’…
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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