What is up with Internet Brands? The company that owns Lawyers.com, Avvo, Martindale-Hubble, and WebMD.
<p>Internet Brands is a consumer portal monster, valued at over $12B. I have a personal interest in this company since it owns WebMD, a group I used to work for just prior to the internet bubble in 2002. Actually, I spent more time working at the precursor company <a href="https://www.bloomberg.com/news/articles/1999-08-01/marty-wygod-rides-again" rel="noopener ugc nofollow" target="_blank">CareInsite</a> which was a company founded by Marty Wygod and his team after selling a PBM, Medco to Merck. There are lots of great stories, including how CareInsite did a Merger with Jeff Arnolds’ WebMD instead of taking the deal with IMS America (part of IQVIA) with a current market cap of $36B. Essentially, CareInsite decided to merge with a company that just lost $4.5B in its last quarter instead of hooking up with a company that just earned $320m. Yeah, I’m salty.</p>
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