Gator gears up for IPO

Matt Lincoln Russell (Lincoln) Everybody's favorite adware company wants to go public and recently filed the papers to do so. It's now called "Claria", but it's still the same company.

April 9, 2004 12:58 AM ET in News,

Everybody’s favorite adware company wants to go public and recently filed the papers to do so. It’s now called “Claria”, but it’s still the same company.

Claria, whose advertising platform (or adware) has come under legal fire from multiple Web site operators, filed an S-1 document with the SEC, seeking to raise an unspecified sum through an initial public offering. According to its filing, the company said it had a net income of about $35 million on revenue of $90 million in 2003.

Source: CNET

2 Comments:

  1. primesuspect
    9 Apr '04, 5:00 am

    /me sets out to destroy Claria.

    How scummy can you get... I can't believe these people. They make $90 million using MALICIOUS SOFTWARE (oh they sure try to claim "value") and then they want the public to buy into it..

    Of course, the public WILL buy into it, but I feel sorry for anyone who buys stock in this company. They are destined to tank.

  2. KingFish
    9 Apr '04, 2:50 pm

    I'll have to time the market right on this one to SHORT SELL it.

    KingFish

Troll-free since 2003 ®