AllBusiness.com provides

business information Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include reporting, online analytical processing, ...

and resources for

small business Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being ...

es, those companies with fewer than 500 employees. The company also conducts

research Research is creative and systematic work undertaken to increase the stock of knowledge. It involves the collection, organization, and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness to ...

to measure the health and direction of the small business sector.

History

AllBusiness was cofounded in 1999 by San Francisco lawyer Richard Harroch, Keith Belling, and Jerry Engel. Harroch served as the company's chairman, Belling as CEO, and Engel as

chief financial officer A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, ...

. Within a year, AllBusiness grew to more than 100 employees and the company hired Teymour Boutros-Ghali (a nephew of former UN Secretary General

Boutros Boutros-Ghali Boutros Boutros-Ghali (14 November 1922 – 16 February 2016) was an Egyptian politician and diplomat who served as the sixth Secretary-General of the United Nations from 1992 to 1996. Prior to his appointment as secretary-general, Boutros-Gha ...

) as CEO and Belling moved to the position of President.

Acquisition

AllBusiness was acquired by

NBCi The National Broadcasting Company (NBC) is an American commercial broadcast television and radio network serving as the flagship property of the NBC Entertainment division of NBCUniversal, a subsidiary of Comcast. It is one of NBCUniversal's ...

, the Internet venture of

NBC The National Broadcasting Company (NBC) is an American commercial broadcast television and radio network serving as the flagship property of the NBC Entertainment division of NBCUniversal, a subsidiary of Comcast. It is one of NBCUniversal's ...

, a subsidiary of

General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...

, in March 2000 for $225 million USD. At the time, it was one of the largest purchases of a

dot-com company A dot-com company, or simply a dot-com (alternatively rendered dot.com, dot com, dotcom or .com), is a company that conducts most of its businesses on the Internet, usually through a website on the World Wide Web that uses the popular top-level dom ...

. NBCi merged AllBusiness with an independent Internet company, BigVine.com, in November 2000 and the combined entity assumed the name AllBusiness. The combined AllBusiness entity remained intact through April 2002 until being broken up and sold to various buyers, including Harroch, who bought back the original core assets of AllBusiness at that time. AllBusiness is one of the few companies that survived the early Internet frenzy, the burst of the

dot-com bubble The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Interne ...

and a slow recovery of the Internet publishing industry. AllBusiness raised $10 million USD in a series B round of venture capital funding in July 2004 (drawing only $5 million) and $12.4 million USD in a series C round of funding in February 2006. In December 2007,

Dun & Bradstreet The Dun & Bradstreet Holdings, Inc. (D&B) is an American company that provides commercial data, analytics, and insights for businesses. Headquartered in Jacksonville, Florida, the company offers a wide range of products and services for risk a ...

acquired AllBusiness for $55 million USD. Today AllBusiness.com is part of D&B Digital, a group responsible for the free, advertising-supported Web sites owned by D&B. The site provides business content including articles,

periodical Periodical literature (singularly called a periodical publication or simply a periodical) consists of Publication, published works that appear in new releases on a regular schedule (''issues'' or ''numbers'', often numerically divided into annu ...

s, videos, blogs and legal forms and agreements. In January 2012, AllBusiness laid off its staff and Dun and Bradstreet put the domain up for sale. On March 31, 2012, Dun and Bradstreet reported on their form 10-Q that they had sold the AllBusiness.com domain to e-personalfinance.com for $400,000.

References

External links

AllBusiness WebsiteDropshipping Business
{{DEFAULTSORT:Allbusiness.Com Small business Dun & Bradstreet 2007 mergers and acquisitions Companies based in San Francisco 1999 establishments in California Online companies of the United States Business services companies of the United States Business services companies established in 1999

History

Acquisition

See also

References

External links