 Founded: 1997
Year of Sale: 2007
Approximate Daily Worth: $27,397
The website Ugo
was founded in 1997 as Unified Gamers Online (UGO) by Chris
Sherman.Action World Inc. bought them very early on and decided to
rename the business. They changed the name to UGO Networks, however the
name didn’t stick for long as it was once again changed to Online
Underground. Eventually it was sold on to the Hearst Corporation
approximately $100 million.
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