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Terra Networks
Terra is a Spanish Internet multinational company owned by Telefónica, with headquarters in Spain and offices in Brazil, Chile, Colombia, Mexico, the United States and Peru. Part of Telefónica Group (the former Spanish public telephone monopoly), Terra operates as a web portal or Internet access provider in the U.S., Spain, and 16 Latin American countries. Founded in 1999 as Terra Networks, S.A., a publicly traded company with Telefónica as its largest shareholder, all outstanding shares were purchased by Telefónica in 2017, making Terra a wholly owned subsidiary. History Terra was founded in 1999 as Terra Networks, S.A. by Juan Villalonga, Telefónica's president between 1996 and 2000, and grew in size through the acquisitions of several local startups in Spain and the main Latin American markets: Olé (Spain), ZAZ (Brazil), Mexico, Gauchonet, Donde (Argentina) and Chevere (Venezuela). Terra has created several digital portals, like Invertia, a successful finance ...
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Juan Villalonga
Juan Villalonga Navarro (born April 8, 1953) is a Spanish businessman. He was a partner at McKinsey & Company in the 1980s, CEO for Credit Suisse First Boston and Bankers Trust in Spain in the early 1990s, and CEO of Telefónica from 1996 to 2000. In 2010, ''Harvard Business Review'' named Villalonga one of the world's top 100 CEOs. Early life, education Juan Villalonga is a native of Madrid, Spain, and was born on April 8, 1953. He comes from an established Spanish family deeply entrenched in the economics and politics of the country. His paternal family owned the Tramway and Railway Company of Valencia from CTFV to 1917. His great uncle, Ignacio Villalonga, was Governor of Catalonia when Generalitat was suspended in 1935. His great uncle was also chairman for one of Spain's largest banks, Banco Central (1943–1970), and was an outspoken critic of Francoist Spain. Villalonga attended school at the Colegio Nuestra Senora del Pilar in Madrid. There, he became friends wit ...
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FC Barcelona
Futbol Club Barcelona (), commonly referred to as Barcelona and colloquially known as Barça (), is a professional football club based in Barcelona, Catalonia, Spain, that competes in La Liga, the top flight of Spanish football. Founded in 1899 by a group of Swiss, Catalan, German, and English footballers led by Joan Gamper, the club has become a symbol of Catalan culture and Catalanism, hence the motto ''"Més que un club"'' (''"More than a club"''). Unlike many other football clubs, the supporters own and operate Barcelona. It is the fourth-most valuable sports team in the world, worth $4.76 billion, and the world's fourth richest football club in terms of revenue, with an annual turnover of €582.1 million. The official Barcelona anthem is the "Cant del Barça", written by Jaume Picas and Josep Maria Espinàs. Barcelona traditionally play in dark shades of blue and garnet stripes, hence nicknamed ''Blaugrana''. Domestically, Barcelona has won a record 75 tr ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 202 ...
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Endemol
Endemol B.V. was a Dutch-based media company that produced and distributed multiplatform entertainment content. The company annually produced more than 15,000 hours of programming across scripted and non-scripted genres, including drama, reality TV, comedy, game shows, entertainment, factual and children's programming. Endemol, a global network of operations in more than 30 countries, worked with over 300 broadcasters, digital platforms and licensees worldwide. The business covered development, production, marketing, distribution, franchise management and multi-platform initiatives including digital video, gaming and apps. Endemol was merged into Endemol Shine Group (a joint-venture between The Walt Disney Company and Apollo Global Management) and headquartered in the Netherlands in 2015. Since the merger, Endemol is an in-name-only unit of Endemol Shine Group, and in the next years, Endemol's iconic eye logo was replaced with Endemol Shine Group's wordmark-only logo in the clo ...
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Daum Communications
Kakao ( ko, 카카오) is a South Korean internet company that was established in 2010. It formed as a result of a merger between Daum Communications and the original Kakao Inc. In 2014, the company was renamed Daum Kakao. The company rebranded once more in 2015, reverting simply to ''Kakao''. In May 2015, the company acquired Path, an American social media company that had become successful in Indonesia. In January 2016, Kakao acquired a 76.4% stake in LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion. It was later rebranded as Kakao M. The company has gained further prominence from KakaoTalk, a free mobile instant messaging application for smartphones with text and call features. By May 2017, the app had 220 million registered users and 47 million active monthly users. As of March 2022, the company is competing with Naver for No.1 position in the Japanese web comic and web novel market. History 2006-2014: Founding of Kakao Corp. Kakao C ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into ...
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El Sitio
{{Infobox settlement , name = El Sitio , native_name = , native_name_lang = , settlement_type = town , image_skyline = , image_alt = , image_caption = , image_flag = , flag_alt = , image_seal = , seal_alt = , image_shield = , shield_alt = , etymology = , nickname = , motto = , image_map = , map_alt = , map_caption = , pushpin_map = , pushpin_label_position = , pushpin_map_alt = , pushpin_map_caption = , coordinates = {{coord, 21.9667, -101.5833, display=inline,title , coor_pinpoint = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = Mexico , subdivision_type1 = Municipality A municipality is ...
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Starmedia
StarMedia (stylized as starMedia) is a Latin American Internet brand, co-founded in August 1996 by Fernando Espuelas and Jack Chen as the first pan-regional Internet portal for Spanish and Portuguese speaking audiences. During the dot.com boom of the 1990s, StarMedia raised the first dollar of venture capital for a Latin Internet company, and then did the first IPO in the sector, while becoming one of the top 10 biggest sites on the Internet, measured by audience, and is the only one not in English.Fortune Magazine article, Going Global With StarMedia Chief Fernando Espuelas, April 2000 http://money.cnn.com/magazines/fortune/fortune_archive/2000/04/03/277174/index.htm Under Espuelas' leadership, StarMedia launched a massive marketing effort to attract the very first Internet users, advertisers, and e-commerce companies across the Latin world. Called the "Espuelas Effect" by leading Brazilian news weekly ''Exame'', StarMedia was the catalyst for the Internet industry through ...
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Quepasa
Quepasa Corporation was a US-based social media technology company catering to Latino Audiences worldwide. Quepasa owned and operated Quepasa.com, a social network, Quepasa Games (formerly Techfront), a social game development studio, and Quepasa Contests, a social media advertising solution (formerly Quepasa DSM). Initially founded as a Hispanic web portal and later revived by its founder as a social network that grew to over 30 million users, Quepasa was the first publicly traded company focused on the bilingual English/ Spanish language U.S. Hispanic internet demographic. In 2012, Quepasa suspended operations after a $100 million acquisition, name change and sale to MeetMe. About Founded in Phoenix, Arizona, and later with headquarters in West Palm Beach, Florida (with offices in Scottsdale, Dallas, Los Angeles, Miami and Mexico), Quepasa Corporation owned Quepasa.com, one of the world's largest, bicultural and bilingual Latino Social Networks on-line. Quepasa.com, and si ...
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Bertelsmann
Bertelsmann SE & Co. KGaA () is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates, and is also active in the service sector and education. Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. After World War II, Bertelsmann, under the leadership of Reinhard Mohn, went from being a medium-sized enterprise to a major conglomerate, offering not only books but also television, radio, music, magazines and services. Its principal divisions include the RTL Group, Penguin Random House, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. Bertelsmann is an unlisted and capital market-oriented company, which remains primarily controlled by the Mohn family. History 1835 to 1933 The nucleus of the corporation is the ''C. Bertelsmann Verlag'', a publishing house established on July 1, 183 ...
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Bob Davis (businessman)
Robert J. ("Bob") Davis (born 1956) is a managing partner of Highland Capital Partners. He is the former chief executive officer of Lycos, which he led since its inception and through its acquisition by Terra at the peak of the dot-com bubble. Early life and education Davis was born in Dorchester, Massachusetts in 1956. At the age of 10, Davis sold newspapers at a street corner and sold from mail order catalogs as a teenager. In 1979, he received a Bachelor of Science degree in Business Administration from Northeastern University, graduating with highest honors. In 1985, he received an MBA from Babson College. In 1999, he received an Honorary Doctorate of Commercial Sciences from Bentley College. He also received an Honorary Doctorate from Northeastern University in 2000. Career From January 1982 to January 1993, Davis worked for Wang Laboratories, a computer manufacturer, as Director of United States Commercial Sales and Marketing and Director of Worldwide Marketing. From Ja ...
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Stock Swap
In corporate finance a stock swap is the exchange of one equity-based asset for another, where, during the merger or acquisition, the swap provides an opportunity to pay with stock rather than with cash; see . Overview The acquiring company essentially uses its own stock as cash to purchase the business. Each shareholder of the acquired company will receive a pre-determined number of shares from the acquiring company. Before the swap occurs each party must accurately value their company so that a fair "swap ratio" can be calculated. The valuation of a company is complicated in general; here though, additional to fair market value, the investment- and intrinsic value are to be determined as well. After the valuation is complete, the parties will agree upon the swap ratio; this will determine the number of shares that each shareholder will receive. In theory, a fair ratio is such that shareholders in both previous companies now own a pro-rated share of the new company: v ...
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