Free Shipping on Orders over $100! Unisex Long Sleeve Tee

Regular price $29.99

Founders: Christopher Jaeb, Todd Wagner, Mark Cuban, Martin Woodall

Industry: Broadcasting, internet radio

Year Founded: 1995

Year Defunct: 2002 was founded in 1989 as Cameron Audio Networks, named after its founder Cameron Christopher Jaeb, who received an initial investment from his father. Jaeb wanted a method for people to be able to listen to out of town sports games. The original idea, a shortwave radio that would receive broadcasts inside a sports venue, morphed into a hand-held device that would receive customized satellite broadcasts. With the support of his father Tom Jaeb, he incorporated. Jaeb then began soliciting the rights to broadcast radio and professional sports games live on the Internet, making 80-100 calls per day.

In 1994, through a class that his girlfriend was taking, Jaeb was introduced to Todd Wagner, an attorney at Akin Gump Strauss Hauer & Feld.[2] Wagner introduced Jaeb to Mark Cuban, who invested $10,000 in exchange for 2% of the company. Cuban wanted to listen to the basketball games of his alma mater, Indiana University. Cuban and Wagner worked out a deal whereby Jaeb would keep 10% of the company and would get a monthly salary of $2,500 but Cuban would take control of the company. The company was renamed in September 1995 in conjunction with the reorganization. At first Cuban picked up signals from KLIF (AM) in his bedroom and then streamed them on the internet. The company grew from mainly broadcasting sporting events to broadcasting U.S. presidential nominating conventions and many other events.

In 1998, AudioNet was renamed to and in July 1998, the company became a public company via an initial public offering. The stock price soared 250% on its first day of trading, a record for a newly issued public stock. After the IPO, the company was worth $1 billion, Mark Cuban was worth $300 million, and Todd Wagner was worth $170 million.

On April 1, 1999, less than 9 months after the IPO, Yahoo! announced the acquisition of for $5.7 billion in stock.At the time, had 570,000 users, and the purchase price was $10,000 per user. Cuban sold most of his Yahoo stock that same year, netting over $1 billion. Founder Chris Jaeb, whose stake was diluted to less than 1% of the company, received approximately $50 million from the sale.

The service became a part of Yahoo! Broadcast Services.

Comfortable and light, this premium fitted short sleeve is a classic choice. High quality print adds a statement to one's workout or everyday routine.

.: Premium fit
.: 100% Soft cotton (fiber content may vary for different colors)
.: Light fabric (4.3 oz/yd² (146 g/m²))
.: Tear away label

.: Runs bigger than usual

This unisex long sleeve is both cozy and stylish. Preshrunk 100% cotton tee with high quality print will serve as a style statement for years to come.

.: Classic fit
.: 100% Soft cotton (fibre content may vary for different colors)
.: Light fabric (5.2 oz /yd² (176 g/m²))
.: Tear away label
.: Runs true to size