Inspired by success-How Marketing Strategies Work

By Erica Olsen

Inspired by success-How Marketing Strategies Work

In case you don’t think selling your business is likely or even possible, here are examples of some entrepreneurial companies who’ve sold their businesses (I hope you’re inspired by their success):

Catalytica Pharmaceuticals: A 1,700 employee, Mountain View, California-based pharmaceutical outsourcer that made the world’s supply of such drugs as AZT and Wellbutrin. The company was founded in 1993 and was sold to DSM of Holland for $800 million in 2000. Founded in 2000, this company, which sells online marketing programs and systems, was sold two years later to KMT Media for just under $250,000 in April 2002.

Paypal: An online payment service based in San Jose was sold to eBay three years after it was founded for $1.5 billion in stock in June 2002.

MySpace: A social networking website (the fourth most popular English language website as of May 2006), was sold to media giant News Corp for $580 million in 2006 three years after it was founded.




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