8 of 10
BACKNEXT
Drkoop.com
Drkoop.com
Before there was WebMd, there was drkoop.com.

The health information Web site co-founded in 1998 by Reagan administration Surgeon General Dr. C. Everett Koop made a splash when it raked in $88.5 million in its June 1999 initial public offering.

The site was quickly ranked the No. 1 health care content site on the Internet, with an average of about 1.4 million unique visitors per month in 1999.

Drkoop.com attracted the attention of AOL a month after going public when the drkoop.com's stock hit a high of $45.75 a share. The two companies entered a $89 million four-year strategic partnership to display drkoop.com content on AOL's portal.

But drkoop.com didn't last quite that long. The dot.com bubble burst, and investors became increasingly skeptical about the prospects of a health content provider that relied on advertising revenue to build its business.

The company began to lose tens of millions of dollars per quarter in 2000, and it announced it would shut down its operations in December 2001.

NEXT: Kozmo.com
Last updated March 10 2010: 9:38 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Graffiti about crisis fills Athens' streets Artists are taking to the streets to express their views on the Greek crisis. More
My whirlwind 24 hours in Taiwan as a bridal supermodel Unlike the West, Taiwanese brides-to-be sit for hun sha ?? photo sessions before their actual wedding day. The photos are seen as a status symbol as well as a way to capture the brides' youth and glamor. More
8 startups that'll make your travel experience so much better Here are the new travel apps and services that will make trips easier, less time-consuming, and more fun for the every day business traveler. More

Special Offer