Blue Lithium Goes To Yahoo For $300M

Gurbkash Chahal’s second successful online business venture, BlueLithium, has just been sold to Yahoo! for a staggering $300MM.Blue Lithium is a San Jose-based behavioral ad network that was founded in January 2004. BlueLithium was serving 100M+ unique users and reached more than 60% of US internet users. It is reported to have done $100M+ in revenue in 2006. The deal represents another big sale for CEO and Chairman Gurbaksh Chahal. this is also a great deal for Yahoo which is buying more great ad technology, advertiser and publisher reach and growth minded managers. Chahal, at 25 years old, has already accomplished more than most people do in their lifetime.Read more about Chahal's inventions at http://www.chahal.com