History
Fast Company was launched in November 1995 by Alan Webber and Bill Taylor, two former Harvard Business Review editors, and publisher Mortimer Zuckerman.
In 1997, Fast Company created an online social network, the "Company of Friends" which spawned a number of groups that began meeting in person.
In 2000, Zuckerman sold Fast Company to Gruner + Jahr, majority owned by media giant Bertelsmann, for $350 million. At the time this was the second largest amount for any US magazine in history. In 2005 G&J sold the magazine, as well as Inc. magazine, to Joe Mansueto's company Mansueto Ventures for $35 million.
Read more about this topic: Fast Company (magazine)
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