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)
Famous quotes containing the word history:
“At present cats have more purchasing power and influence than the poor of this planet. Accidents of geography and colonial history should no longer determine who gets the fish.”
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“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
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“It takes a great deal of history to produce a little literature.”
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