here is a little article I found...they are buying web sites...hey maybe I can sell him go2netstore.com and some other go2nets I registered
Russ Horowitz: Aging rock 'n' roll stars often reconnect for reunion tours. The same could be said for Marchex co-founder Russ Horowitz, 38, who assembled the "old band" from the days when he led Internet superstar Go2Net.
The 1984 graduate of Lakeside High School (the same school that produced technology entrepreneurs Gates and Paul Allen) created Marchex with four former Go2Net executives in January 2003. Since then, the chief executive of the online marketing firm has acquired three companies, conducted an initial public offering and increased staffing to 207 people.
It is on track to do more than $43 million in sales this year, and earlier this month, it announced plans for a $180 million public offering -- not bad for a company that didn't exist 24 months ago.
Horowitz, who sold Go2Net to InfoSpace four years ago in a $2.7 billion stock deal, appears to be taking a page out of the old playbook to build Marchex. Growing quickly through acquisitions and staying laser-focused on the bottom line, Horowitz is starting to make a mark in the highly lucrative online marketing and Internet search categories.
In the biggest acquisition in the company's history, Marchex recently announced the purchase of thousands of Web sites -- including VideoCamera.com, Debts.com and LasVegasVacations.com.
Horowitz, who also founded a sports apparel firm and a merchant bank, has the tendency to quietly -- and unconventionally -- build big companies in the shadows.
Whether he will hit the jackpot with Marchex remains to be seen. But some early investors, who have watched shares of the company more than triple since its IPO in March, are betting that he will. |
