Hanging in there: Diller buys Lending Tree.com
I remember when my old friend Jamie Bennett and his pal Mitchell York left Cahners and CMP Media, respectively, to join Doug Lebda in a new venture called Lending Tree . That must have been about 1997, and those guys faced the challenge of building an online financial services firm from scratch. Here it is 2003, lots of folks have moved on, many companies have folded, and US Interactive’s bought Lending Tree for $734 million in stock. Congratulations, Doug!
News reports here .