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

1. 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)