Economy Hits Domainer Oversee.net; Lays Off 10 Percent Of Staff
Oversee.net, a heavily-funded domain-focused firm, has laid off 10 percent of its staff, the company confirmed to socalTech. The LA-based company raised a huge, $150 million round back in January led by PE firm Oak Hill Capital Partners. With the raise, the company indicated it would likely make various domain-related acquisitions, though it now says that the economy is hampering its business. We\’ve sent an email to the company for more information, including the exact numbers, and will update
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title=”Economy Hits Domainer Oversee.net; Lays Off 10 Percent Of Staff”>Economy Hits Domainer Oversee.net; Lays Off 10 Percent Of Staff