Related Stories
LookSmart CEO Hits The Eject Button
Interview With Dakota Sullivan of LookSmart
LookSmart CEO and CFO to Present at Kaufman Brothers Conference
LookSmart's New CEO
Interview: Michael Rotkin President/CEO Universityloveconnection.com
Looksmart CEO at Search Engine Strategies
LookSmart Puts AdCenter Into Context
LookSmart and Blinkx Team Up
MSN Still Showing Looksmart Results
CEO Blogging? Don't Hold Your Breath




Comments
"Signs of an avalanche"
Hi Doug ....
I guess you can only report it as you see it. But as a keen researcher of both the Co and the "space" it is now operating in, the story is the complete opposite .....
The previous writer (Mark) is "spot on" in relation to the potential of a "back door" listing through Network Solutions. But there are many others (including the WPP Group, Wikia, Lycos, NWS and a few, that you may even laugh at), that would ALL sign given half a chance, tomorrow.
Looksmart will prove something "special" in years to come, as will be witnessed, I'm sure.
Cheers!
:)
Ross
For Sale
Your post paints LookSmart in a poor light but then again no one writes with complete objectivity when it comes to LookSmart. I can see how you might conclude the ship is sinking but it is not.
It is clearly for sale. LookSmart offers great private label solutions including their AdCenter and Furl. Their verticals are now in use by the company who owns Network Solutions. Furl is used by NYTimes and of course ASK uses their AdCenter.
They hire a venture capital oriented law firm over the summer so you can guess the company is being shopped .
Sterling may also have mentioned if he wanted that LookSmart's main institutional owner and 10% owner Sidus Investments is advising West now.
the author of the article
the author of the article was being objective,your post is subjective which would suggest you are an investor in LOOK.
i might add even more to the authors comments.
LOOK has lost its CEO,CFO,COO and CTO in the last few months.
LOOK is still burning cash and revenues are less now then when Hills took over in 2004.
The exit of senior management in isolation would not be noteworthy,however when you see three senior people leave in a hurry this suggests something more more serious is taking place inside LOOK.
Its current business model is not showing any traction in a market place dominated by Google,MSN and Yahoo with the impact of many smaller players trying to make a living on what is left over from the major 3.
LOOK could indeed be for sale as you suggest,but it is a notion i reject.
LOOK has nothing of any value anyone would want.
Its last technology platform left is Wisenut and it is so poorly used would represent a poor option for those invading the search sector.
Better technology out there for less money and would represent a much better option for others then LOOK.
LOOK might survive but will in my view die a very slow death.
Senior management leaving are the first warning signs and this is what the author was trying to highlight.
Post new comment