Internet
Nov 1, 1995Zip2 founded
Musk co-founds Zip2, an early online city-guide and business-directory platform for newspapers.
~$307M
Acquisition (1999)
Compaq (AltaVista)
Acquirer
In 1995 Elon Musk, his brother Kimbal, and Greg Kouri founded Zip2, which provided internet maps and business directories to newspapers including The New York Times and the Chicago Tribune. In 1999 Compaq acquired Zip2 for roughly $307 million in cash, then one of the largest cash sums paid for an internet company at the time.
Primary source
Encyclopaedia BritannicaShare:
Last updated Nov 1, 1995Comments(0)
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