A Brief History of Webshots

1995 –  Webshots was initially a sports oriented screen saver for desktop computers. Founders  Andrew Laakmann, Danna Laakmann, Nick Wilder, and Narendra Rocherolle migrated the software to the Web and the photo sharing website was born.

1999 – Founders sell Webshots to Excite@Home for $82.5 million in stock.

2001 – Excite@Home declares bankruptcy. Webshots assets purchased back by the founders for $2.5 million cash.

2004 – Webshots is the #1 photo sharing site with 200,000 paid subscribers grossing $15 million annually. Founders sell Webshots to CNET Networks for $71 million.

2007 – CNET sells Webshots to American Greetings for $45 million in cash.

2012 – Threefold Photos, whose Board of Directors include original founders Narendra Rocherolle and Nick Wilder, purchase Webshots from American Greetings for an undisclosed sum. Webshots is replaced entirely by Smile by Webshots, a cloud-based photo management application.

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