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  1. #1
    relledge
    Guest
    iNET Interactive Acquired By Private Equity Group
    Community Members:

    It is with great pleasure that I announce to you that effective November 1, 2005, iNET Interactive was acquired by Stoddard Hill Capital, and Troy Augustine has succeeded me as the President and Chief Executive Office of iNET Interactive. More details surrounding this transaction can be found in the press release which can be found at http://www.hostingtech.com/?m=show&id=980.

    We are excited about Troyís desire to continue operating iNET in the fashion we have and know he will bring the energy and capital necessary to continue growing iNET Interactive in the years to come.

    With this announcement the immediate questions that will undoubtedly be asked revolve around how this will impact this site, the community, and the advertisers. First, Troy and I want to assure you that he does not plan any immediate changes, and changes that do occur in the future will be discussed with community leaders and members in advance. Troy has agreed that he will continue with iNETís stance on separating advertising from editorial, meaning that the admins and moderators will continue operating as they have in the past. He has also indicated he will continue iNETís practice of not allowing intrusive pop-up and pop-under advertisements.

    You should know that iNET plans to upgrade all of itís vBulletin sites to the new 3.5 version in the near future. SwishTalk.com and WebHostingTalk.com have already been upgraded. The others will be done in the coming months.

    Also, we want to state that the current iNET team continues to operate the company, under the new direction of Troy. While some members of the iNET team will eventually move on to work with other Aberration! Venture investments, some will continue with iNET for the long haul. Gabriel Murphy, iNETís founder, and myself have committed to a long term consulting and advisory role with Troy.

    We anticipate there will be numerous questions with this announcement. As such, Troy and I will make ourselves available for an IRC chat today, Friday November 11, from 4:00 pm Eastern until 5:00 pm Eastern. You can join us at http://www.inetirc.com in the #INET channel during that time.

  2. #2

    Murlyn's Avatar
    Member Since
    Jun 11, 2003
    Location
    Mount Vernon, WA
    Posts
    4,915
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    MacBook Pro 2.6 GHz Core 2 Duo 4GB RAM OS 10.5.2
    Excellent! We get raises!

  3. #3


    Member Since
    Jul 22, 2003
    Location
    Hamilton College
    Posts
    6,999
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    20" iMac C2D 2.16ghz, 13" MacBook 2.0ghz, 60gb iPod vid, 1gb nano
    vBulletin 3.5 yummy
    Don't forget to use the new User Reputation System

  4. #4

    Graphite's Avatar
    Member Since
    Feb 25, 2003
    Location
    Tropical Island, Jealous?
    Posts
    5,279
    Specs:
    MacPro 3.0Ghz 16GB RAM, 4x256 Vid, 30''cinema display
    Finally my pocket book will get fatter.

  5. #5

    schweb's Avatar
    Member Since
    Oct 27, 2002
    Location
    Cleveland, Ohio
    Posts
    13,190
    Specs:
    MacBook Pro | LED Cinema Display | iPhone 4 | iPad 2
    Yes, your salary will be doubled!
    schweb | community leader
    flickr Ľ facebook Ľ twitter Ľ tumblr Ľ google+ Ľ about.me

    Mac-Forums: On Twitter | On Facebook | On Flickr


  6. #6

    muso's Avatar
    Member Since
    Jan 15, 2003
    Location
    Whangarei, New Zealand
    Posts
    2
    Specs:
    Pwnt
    Aww here I was hoping for a tripled salary.
    I'm in your forums, writing sentences in a grammatically acceptable manner.

  7. #7
    marcel
    Guest
    Congrats.

  8. #8

    DCraver's Avatar
    Member Since
    Aug 23, 2005
    Location
    Sacramento, CA
    Posts
    747
    Specs:
    iMac G5
    you guys get paid for this?

  9. #9


    Member Since
    Jul 22, 2003
    Location
    Hamilton College
    Posts
    6,999
    Specs:
    20" iMac C2D 2.16ghz, 13" MacBook 2.0ghz, 60gb iPod vid, 1gb nano
    base salary 50k/yr
    Don't forget to use the new User Reputation System

  10. #10
    Serious? How do I sign upo? Just kidding.
    DJ Lee

    Watts Up Productions
    www.wattsupproductions.com

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