Sityodtong turned down an early AOL buyout offer before dot-com crash
Chatri Sityodtong · Chatri Sityodtong – Warrior Spirit (Capital Allocators, EP.22) · Aug 21, 2017 · at 15:02
Chatri Sityodtong, founder of ONE Championship, discusses launching his first venture-backed internet startup out of Harvard Business School during the late 1990s tech bubble.
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“We had actually received a verbal acquisition offer in early stages discussions for a buyout by AOL at the time, which is, you know, AOL at that time was massive, but we ended up turning it down and just focused, you know, we thought we were going to do much better, and then the Nasdaq bubble crashed, and, you know, so we sold the company, but it wasn't a, I wouldn't say it was a victory by any means.”
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