was an email list
management web site
. The site allowed users to create their own mailing lists and allowed others to sign up for membership on the list. The web site provided archives
of the messages as well as list management functionality. Each group also had a shared calendar, file space, group chat, and a simple database
. It was bought by Yahoo!
and became part of Yahoo! Groups
The company originally started by Scott Hassan
in January, 1997, as an email archiving service called FindMail. Carl B. Page
joined the company part-time in May 1997. In December, 1997, Scott decided to add the ability to host free mailing lists and called the new product MakeList.com. Martin Roscheisen
joined as CEO in March 1998. Makelist.com quickly grew to 250,000 users before taking funding of $810K from Atlas Venture
in May 1998. The post-money valuation
was set at $4.5M. In June, 1998, the company was renamed to eGroups.com. In October, 1998, with 1.2 million users (growing at 12,000 users per day), the company had an offer on the table from Excite
for $40M but decided to take $5.1M more investment money from Sequoia Capital
In November 1999, ONElist
and eGroups merged and started work on going public
. The combined company was called eGroups.com, and it had 13 million users exchanging more than 1.3 billion email messages per month. In January 2000, the company raised another $42M and filed a S1
with the SEC in March 23, 2000.
In August 2000 with 18 million users, the company was purchased by Yahoo! for $413M in a stock deal and became part of Yahoo! Groups .
On December 23, 2007 the former CEO and president of ONElist (and eGroups after the merger), Michael Klein, was killed when his airplane crashed in Panama while vacationing with his daughter and his daughter's friend. His daughter's friend was the only survivor.