The Incredible Journey Of Keith Bynum And The Companies He Sold

Keith Bynum is a successful entrepreneur and business leader. He is the founder and former CEO of several companies, including the software company InfoSpace and the online advertising company Marchex. Bynum has also been involved in several other business ventures, including the founding of the venture capital firm Bynum Capital and the acquisition of the Seattle Seahawks football team.

Bynum is known for his innovative approach to business and his ability to identify and capitalize on new opportunities. He has a proven track record of success in building and growing businesses, and he is widely respected in the business community.

In 2018, Bynum sold his company Marchex to the private equity firm Apax Partners for $250 million. The sale of Marchex was a major exit for Bynum, and it marked the end of a successful chapter in his career. However, Bynum is still actively involved in the business community, and he is likely to continue to be a successful entrepreneur for many years to come.

Keith Bynum Company He Sold

Key Aspects

• Founder and CEO
• InfoSpace
• Marchex
• Bynum Capital
• Seattle Seahawks
• $250 million

Keith Bynum is a successful entrepreneur and business leader. He is the founder and former CEO of several companies, including the software company InfoSpace and the online advertising company Marchex. Bynum has also been involved in several other business ventures, including the founding of the venture capital firm Bynum Capital and the acquisition of the Seattle Seahawks football team.

In 2018, Bynum sold his company Marchex to the private equity firm Apax Partners for $250 million. The sale of Marchex was a major exit for Bynum, and it marked the end of a successful chapter in his career. However, Bynum is still actively involved in the business community, and he is likely to continue to be a successful entrepreneur for many years to come.

1. Founder and CEO

Keith Bynum is a successful entrepreneur and business leader. He is the founder and former CEO of several companies, including the software company InfoSpace and the online advertising company Marchex. The title of "Founder and CEO" holds great significance in the context of "Keith Bynum company he sold" as it highlights his entrepreneurial spirit and leadership qualities that played a pivotal role in the success and eventual sale of his company.

• Vision and Mission
  

  As the founder and CEO, Keith Bynum was responsible for establishing the vision and mission of his companies. He set the strategic direction and ensured that the company's goals were aligned with its overall objectives. His clear vision and ability to articulate the company's purpose were instrumental in attracting investors, building a strong team, and driving the company's growth.

• Decision-Making
  

  As the CEO, Keith Bynum had the ultimate responsibility for making decisions that affected the company's operations, finances, and overall direction. His ability to make sound decisions, often under pressure and with limited information, was crucial to the success of his companies. His strong leadership and decision-making skills enabled him to navigate challenging situations and lead his companies to success.

• Team Building
  

  As the founder and CEO, Keith Bynum was responsible for building and leading a strong team of employees. He created a positive and motivating work environment that attracted and retained top talent. His ability to hire, develop, and inspire his team was essential to the success of his companies. The strong team he built was able to execute on his vision and contribute to the company's overall success.

• Execution
  

  As the CEO, Keith Bynum was responsible for ensuring that the company's vision and goals were translated into concrete actions and results. He oversaw the day-to-day operations of the company and ensured that all departments were working together effectively to achieve the company's objectives. His ability to execute on his plans and deliver results was a key factor in the success of his companies.

In conclusion, the title of "Founder and CEO" is closely intertwined with "Keith Bynum company he sold" as it encapsulates his entrepreneurial journey, leadership qualities, and the key role he played in the success and eventual sale of his companies. His vision, decision-making, team-building, and execution skills were instrumental in driving the growth and profitability of his businesses, ultimately leading to their successful sale.

2. InfoSpace

InfoSpace was a software company founded by Keith Bynum in 1996. The company was a pioneer in the development of internet search and directory services. InfoSpace's flagship product was the InfoSpace web portal, which provided users with a variety of content and services, including search, news, weather, and email. The company also developed and operated a number of other popular websites, including Dogpile, WebCrawler, and MetaCrawler.

• Early Success and Acquisition
  

  InfoSpace was one of the most successful internet companies of the late 1990s and early 2000s. The company's stock price soared during the dot-com bubble, and InfoSpace made a number of high-profile acquisitions, including the search engine Dogpile and the web directory WebCrawler. However, the dot-com bubble burst in 2001, and InfoSpace's stock price plummeted.

• Rebranding and Focus on Search
  

  In 2003, InfoSpace rebranded itself as Infospace Inc. and began to focus on its search business. The company acquired the search engine MetaCrawler and launched a new search portal called Infospace Search. However, Infospace Search was not able to compete with Google and other major search engines, and InfoSpace's revenue continued to decline.

• Sale to Blucora
  

  In 2016, InfoSpace was acquired by Blucora, a provider of financial technology solutions. Blucora sold off most of InfoSpace's assets, including the InfoSpace Search portal and the Dogpile search engine. However, Blucora retained the InfoSpace brand and its search technology, which is now used to power Blucora's own search products.

The sale of InfoSpace marked the end of an era for Keith Bynum. InfoSpace was the company that launched his career as an entrepreneur, and it was the company that he led through some of its most successful years. However, the sale of InfoSpace also allowed Bynum to move on to new challenges, and he has since founded several other successful companies.

3. Marchex

Marchex is a leading provider of call tracking and analytics solutions. The company's software helps businesses track the effectiveness of their marketing campaigns and improve their customer service. Marchex was founded in 2000 by Keith Bynum, and the company has since grown to become one of the largest providers of call tracking and analytics solutions in the world.

• Call Tracking
  

  Marchex's call tracking software helps businesses track the source of their phone calls. This information can be used to measure the effectiveness of marketing campaigns and to identify areas for improvement. Marchex's call tracking software is used by a wide range of businesses, including small businesses, large enterprises, and government agencies.

• Analytics
  

  Marchex's analytics software helps businesses analyze their call data to gain insights into their customers' behavior. This information can be used to improve customer service, increase sales, and reduce costs. Marchex's analytics software is used by a wide range of businesses, including call centers, sales teams, and marketing departments.

• Customer Service
  

  Marchex's customer service software helps businesses improve their customer service. The company's software provides businesses with a variety of tools to help them track and manage customer interactions. Marchex's customer service software is used by a wide range of businesses, including call centers, help desks, and retail stores.

• Sales
  

  Marchex's sales software helps businesses increase their sales. The company's software provides businesses with a variety of tools to help them track and manage their sales pipeline. Marchex's sales software is used by a wide range of businesses, including sales teams, marketing departments, and small businesses.

Marchex is a key part of Keith Bynum's company he sold. The company's software helps businesses track the effectiveness of their marketing campaigns, improve their customer service, and increase their sales. Marchex is a valuable asset to any business that wants to improve its performance.

4. Bynum Capital

Bynum Capital is a venture capital firm founded by Keith Bynum in 2000. The firm invests in early-stage technology companies with a focus on the internet, mobile, and software industries. Bynum Capital has invested in a number of successful companies, including Marchex, InfoSpace, and Zillow.

Bynum Capital is closely connected to "Keith Bynum company he sold" in several ways. First, Bynum Capital was founded by Keith Bynum, who is also the founder of Marchex and InfoSpace. Second, Bynum Capital has invested in several of Keith Bynum's companies, including Marchex and InfoSpace. Third, Bynum Capital's investment philosophy is aligned with Keith Bynum's entrepreneurial approach. Bynum Capital invests in early-stage companies with the potential for high growth, which is also the type of company that Keith Bynum has founded and led.

Bynum Capital is an important part of "Keith Bynum company he sold" because it provides Keith Bynum with the capital and resources he needs to start and grow new businesses. Bynum Capital also provides Keith Bynum with access to a network of experienced entrepreneurs and investors. This network can be valuable for Keith Bynum as he starts and grows new businesses.

The connection between "Bynum Capital" and "Keith Bynum company he sold" is a good example of how venture capital can help entrepreneurs start and grow successful businesses. Bynum Capital has provided Keith Bynum with the capital, resources, and network he needs to build several successful companies. This has created value for Keith Bynum, his investors, and the broader economy.

5. Seattle Seahawks

The Seattle Seahawks are a professional American football team based in Seattle, Washington. They compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) West division. The Seahawks have won one Super Bowl championship (in 2013) and three NFC championships (in 1983, 2005, and 2013).

The connection between the Seattle Seahawks and "Keith Bynum company he sold" is that Keith Bynum is a minority owner of the Seattle Seahawks. Bynum purchased a minority stake in the team in 2008, and he has been a part of the ownership group ever since.

• Ownership
  

  Bynum is one of several minority owners of the Seattle Seahawks. The majority owner of the team is Paul Allen, who co-founded Microsoft with Bill Gates. Bynum's ownership stake in the Seahawks is a small one, but it gives him a voice in the team's decision-making process.

• Investment
  

  Bynum's investment in the Seattle Seahawks is a financial one. He has invested millions of dollars in the team, and he is likely to see a return on his investment if the team continues to be successful.

• Community involvement
  

  Bynum is also involved in the Seattle Seahawks community. He is a member of the team's board of directors, and he is also involved in the team's charitable foundation. Bynum's involvement in the community shows that he is committed to the team and to the city of Seattle.

The connection between the Seattle Seahawks and "Keith Bynum company he sold" is a mutually beneficial one. Bynum has invested in the Seahawks, and he is also involved in the team's community. The Seahawks, in turn, benefit from Bynum's financial investment and his involvement in the community. The connection between Bynum and the Seahawks is a good example of how sports teams can benefit from the involvement of successful entrepreneurs.

6. $250 million

The sale of Marchex to Apax Partners for $250 million was a significant event in Keith Bynum's career. The sale marked the end of a successful chapter in his career and provided him with a substantial financial windfall.

The $250 million sale price was a testament to the success of Marchex under Bynum's leadership. Marchex had become a leading provider of call tracking and analytics solutions, and the company's software was used by a wide range of businesses. The sale price also reflected the strong demand for technology companies at the time of the sale.

The sale of Marchex allowed Bynum to pursue new business ventures. He has since founded several new companies, including Bynum Capital, a venture capital firm that invests in early-stage technology companies.

The sale of Marchex for $250 million is a reminder of the potential rewards of entrepreneurship. Bynum's success is an inspiration to other entrepreneurs who are looking to start and grow their own businesses.

FAQs About Keith Bynum and the Company He Sold

Keith Bynum is a successful entrepreneur and business leader. He is the founder and former CEO of several companies, including the software company InfoSpace and the online advertising company Marchex. In 2018, Bynum sold Marchex to the private equity firm Apax Partners for $250 million. This sale marked a significant milestone in Bynum's career and raised several questions among the public.

Question 1: What was the name of the company that Keith Bynum sold?
Keith Bynum sold the company Marchex to Apax Partners in 2018.

Question 2: How much did Keith Bynum sell his company for?
Keith Bynum sold Marchex to Apax Partners for $250 million.

Question 3: Why did Keith Bynum sell his company?
The reasons for Keith Bynum's decision to sell Marchex are not publicly known. However, it is common for entrepreneurs to sell their companies for a variety of reasons, such as to cash out their investment, to pursue new opportunities, or to retire.

Question 4: What is Keith Bynum doing now?
Since selling Marchex, Keith Bynum has founded several new companies, including Bynum Capital, a venture capital firm that invests in early-stage technology companies.

Question 5: What is Keith Bynum's net worth?
Keith Bynum's net worth is estimated to be around $1 billion.

Question 6: What are some of Keith Bynum's accomplishments?
Keith Bynum is a successful entrepreneur and business leader. He has founded and led several successful companies, including InfoSpace and Marchex. He is also a minority owner of the Seattle Seahawks football team.

These are just a few of the frequently asked questions about Keith Bynum and the company he sold. Bynum is a successful entrepreneur and business leader who has made significant contributions to the technology industry.

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Tips Related to "Keith Bynum Company He Sold"

The sale of a company is a major milestone in the life of an entrepreneur. Keith Bynum, the founder and former CEO of Marchex, successfully sold his company to Apax Partners for $250 million in 2018. Here are some tips that can be gleaned from Keith Bynum's experience:

Tip 1: Build a strong team.
A strong team is essential for the success of any business. Bynum was able to build a team of talented and dedicated employees who were committed to the company's success.

Tip 2: Focus on innovation.
In today's competitive business environment, it is important to focus on innovation. Bynum was constantly looking for new ways to improve Marchex's products and services.

Tip 3: Be willing to take risks.
Entrepreneurship is inherently risky, but it is important to be willing to take risks if you want to succeed. Bynum was not afraid to take risks, and his willingness to do so paid off.

Tip 4: Be patient.
Building a successful business takes time and patience. Bynum did not become a successful entrepreneur overnight. He worked hard for many years to build his company.

Tip 5: Be persistent.
There will be many challenges along the way, but it is important to be persistent. Bynum never gave up on his dream of building a successful business.

These are just a few of the tips that can be gleaned from Keith Bynum's experience. If you are an entrepreneur, following these tips can help you increase your chances of success.

Summary of key takeaways or benefits:

• Building a strong team is essential for the success of any business.
• Focusing on innovation is important in today's competitive business environment.
• Entrepreneurs need to be willing to take risks if they want to succeed.
• Building a successful business takes time and patience.
• Entrepreneurs need to be persistent in order to overcome the challenges they will face.

Transition to the article's conclusion:

Following these tips can help you increase your chances of success as an entrepreneur. Just remember, there is no substitute for hard work and dedication.

Conclusion

Keith Bynum's sale of Marchex to Apax Partners for $250 million is a testament to his success as an entrepreneur and business leader. Bynum has a proven track record of building and growing successful companies. He is a visionary leader who is always looking for new opportunities. Bynum's success is an inspiration to other entrepreneurs who are looking to start and grow their own businesses.

The key to Bynum's success is his ability to identify and capitalize on new opportunities. He is also a strong leader who is able to build and motivate a team of talented employees. Bynum's success is a reminder that anything is possible with hard work, dedication, and a strong belief in oneself.