8 Most Infamous Tech IPO Failures
By
siliconindia | Monday, 21 May 2012, 13:50 Hrs
FreeInternet.com
FreeInternet.com was once the fifth largest internet provider in the U.S. It was famous for its commercials featuring the talking infant "Baby Bob." The service helped to bring internet more accessible to the people by competing with the companies that charged a huge monthly fee to connect to the web.
But the company was forced to cancel the planned IPO due to the huge loss created by the lavish spending and which eventually led to a bankruptcy in 2000.
