Affinity Internet helped small businesses establish an internet presence by selling packaged services that include website design, hosting, and marketing.
I co-founded Affinity Internet with my Harvard Business School classmate, John McIntyre. At our Christmas gathering in 1998, we conceptualized a web hosting rollup and then raised $60m from JPMorgan, Columbia Capital, and others in a single round. We acquired 4 companies within 6 months and grew to from 0 to 170 employees in the year following. We developed customer care and data centers, integrated operations, and raised an additional $13m to acquire the hosting division out of a bankrupt CLEC — nearly tripling revenue. We sold to Hostway in 2005 and became half of the largest web hosting company in the US at that time. [1]
References
Hostway Acquires Affinity Internet, netcraft.com
Creators
#johnmcintyre (See: John McIntyre)
#citizensofone (See: Citizens of One)
Contexts
#past-portfolio (See: BrightZen Portfolio)
#exited (See: My Exits)
#past-employer
#linkedin-position (See: My LinkedIn)
#index (See: Mythos Manual)