March 30, 1999 |
Idealab's Pet Project: Idealab, the Pasadena-based technology incubator, has appointed Tom McGovern chief executive and co-president of an Internet site that markets pet supplies, the company will announce today. The site, which has yet to be named, will launch in the next 45 days, joining other Idealab ventures such as EToys, Cooking.com and the WeddingChannel. The new venture, however, will face heavy competition, given Amazon.com's announcement that it had bought half of Pets.com.
July 21, 1997 |
It's easy to see what excites people about Idealab, Bill Gross' Internet start-up factory. Known and respected as an idea machine, crackerjack technologist and marketing marvel, Gross is the quintessential computer industry entrepreneur. The Caltech grad and Pasadena resident sold his first software company to Lotus and went on to found Knowledge Adventure, the children's software publisher that CUC International snapped up in March for $100 million.
December 9, 1996 |
Bill Gross had a problem. It was the kind of problem most entrepreneurs would welcome, and Gross wasn't missing any meals as a result, but it was a problem nonetheless: too many ideas. They poured forth constantly from the Caltech graduate's peripatetic mind, ideas for new high-tech companies, for the products and services they might sell and for the business strategies they should employ.