The Market

by Mike Masnick

From One Trillion Dollars To Delisting In Three Years Or Less

from the so-much-for-believers dept

InfoSpace is now facing delisting from the Nasdaq. If the stock doesn't improve in the next 90 days, they'll probably be kicked off. This wouldn't be all that interesting if a couple years back the CEO of the company hadn't promised to be the first trillion dollar company. Naveen Jain was quoted in early 2000 saying, "There are two kinds of people in this world... those who don't believe in God, and those who believe in God and InfoSpace. That's OK -- the nonbelievers will be converted when we become a trillion-dollar company." Athiests everywhere are rejoicing.

Reader Comments (rss)

(Flattened / Threaded)

  1. icon
    Robiin (profile), Jan 15th, 2013 @ 6:57am

    Investor beware

    We must verify the credentials of the company if hoping to make big gains by investing in highly touted ventures.
    Another must-read for those interested in investing: The Naveen Jain case

    reply to this | link to this | view in thread ]

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