Purchase Pro
PurchasePro was a business-to-business Internet startup company founded in Las Vegas, Nevada in 1997 by Charles E. "Junior" Johnson, originally to help hotels and casinos pool their purchase power via an online exchange. The company's accounting practices and subsequent bankruptcy became a scandal resulting in criminal charges, convictions, and fines for a number of executives at the company and at AOL.
Read more about Purchase Pro: Business Model and Early Success, Problems and Bankruptcy, Legal Problems and Founder's Fraud Conviction
Famous quotes containing the words purchase and/or pro:
“O, let us have him, for his silver hairs
Will purchase us a good opinion,
And buy men’s voices to commend our deeds.”
—William Shakespeare (1564–1616)
“It is sweet and honourable to die for one’s country.
[Dulce et decorum est pro patria mori.]”
—Horace [Quintus Horatius Flaccus] (65–8 B.C.)