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:
“Blessed assurance, Jesus is mine!
O what a foretaste of glory divine!
Heir of salvation, purchase of God,
born of the Spirit, washed in Christ’s blood.”
—Fanny J. Crosby (1820–1915)
“The upbeat lawyer/negotiator of preadolescence has become a real pro by now—cynical, shrewd, a tough cookie. You’re constantly embroiled in a match of wits. You’re exhausted.”
—Ron Taffel (20th century)