 | |
| Founded | 1999 |
|---|---|
| Founder | Andrew Filipowski |
| Defunct | April 2003 |
| Fate | Bankruptcy and liquidation |
| Headquarters | Chicago |
| Revenue |  $199 million (2001) |
| -$369 million (2001) | |
| Total assets | $874 million (2001) |
| Total equity |  $251 million (2001) |
Number of employees | 3,600 (2001) |
| Footnotes / references [1] | |
Divine, Inc. (stylized in lowercase), originally Divine Interventures, was a company that invested in internet companies during the dot-com bubble. The company was originally modeled after CMGI but changed its business plan after the bubble burst.[2]
The company's tagline was "an Internet Zaibatsu" and the company's goal was to create "a family of businesses that work collaboratively to create mutual opportunity and gain."[3]
In 2003, it filed bankruptcy and underwent liquidation after executives were accused of looting a subsidiary.
- ^ "divine, inc. 2001 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ Cite error: The named reference
planwas invoked but never defined (see the help page). - ^ Rose, Barbara (January 22, 2000). "Divining Divine InterVentures". Crain Communications.