Masters in Business

Howard Lindzon on Business Ideas Before the Internet

May 12, 2023
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ANECDOTE

QVC Success

  • The Grip stress ball was a hit on QVC, selling tens of millions of units.
  • This success generated significant cash flow, leading Lindzon to manage the company's investments.
ANECDOTE

Internet Awakening

  • Lindzon's first internet experience involved a domain squatter owning "gripp.com".
  • QVC customers complaining about the missing website taught him the internet's importance.
ANECDOTE

Accidental Win

  • Lindzon invested in CarsDirect at the peak of the dot-com bubble, receiving Viva.com as a bonus.
  • Viva.com later became Rent.com and was acquired by eBay for $450 million, a surprise win for Lindzon.
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