Boo.com - Going, Going, Gone
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Online clothing retailer Boo.com crashed into the ground a couple of weeks ago, after riding the Internet company craze wave for a period of time. Today, a London paper reports the sale of the company for just 250,000 British pounds, or $372,500 USD. The founders of the company will not remain as employees, and 220 of the companies other staff have already packed their desks and started searching for new jobs. The buyer, a Internet service provider named Bright Station who is also in the midst of purchasing Net Imperative Ltd., a defunct financial and technological Internet news site.