Last week the news broke about a group led by Facebook founder Mark Zuckerberg acquiring Internet.org.
Bloomberg Business Week did a story on the gentleman that sold Internet.org through the Media Options newsletter. The buyer was profiled by Mike Berkens at thedomains.com.
The Bloomberg piece focuses on Michael Bauer, a Denver entrepreneur who got the domain when Mark Zuckerberg was in elementary school. Bauer is a pretty bright guy who helped develop MapQuest as well as the technology that underpins Google’s chat service within Gmail.
From the article:
While Bauer made a profit off of Internet.org after getting it for free, it was an “insignificant amount” that was far less than $1 million, he said. Still, the sale provided a bit more fuel for his two-person Denver startup Brilliant Arc, which makes Facebook-connected software for small businesses.
You can read the full story here