Bill Karamouzis - CEO of Hallpass Media
Canada-based games, video and entertainment company Hallpass Media has been acquired by gaming industry distributor giant Mindjolt.
Hallpass Media CEO Bill Kara is a known domain investor and developer, who turned Hallpass Media into a community of nearly 4 million members and provider of roughly 1,500 online games.
Details about the acquisition were not disclosed, but based on the amount of seed funding that Hallpass Media received three years ago, it could be in the 8 figure range!
The Hallpass Media profile:
Hallpass Media is a collection of highly entertaining gaming and virtual world websites. Hallpass Media starts with premium brand domains and develops them into highly engaging portals with a strong focus on user experience, great navigation and premium content.
In January 2010 we had an exclusive interview with Bill Karamouzis (Bill Kara) the company CEO, here on DomainGang.
Congratulations Bill! 😀
Doesn’t Fusible have an “exclusive” on HallPass news?
Congrats to Bill for the sale. An interview about his future domain endeavors may be in order.
Yanni – Exclusivity exists only when you can get to the source of the news first 😉
Bill is a world class entrepreneur and this is definitely big news for his future endeavors!
Great News – that should be a motivation to many domain name (website) owners / investors
It’s easier to sell your company like Bill Kara did when you don’t even need the money. Bill is already rich.
Gaming domains have been selling real well lately, and it’s no surprise when you think how much time people spend gaming online now. I think we will continue to see quality game domains and companies get bought up. I wasn’t expecting to see Hallpass get acquired but they have built a great game company so I guess it’s no surprise!
Anastasia – That’s not the point, is it? What is the definition of “rich” anyway. Selling a successful enterprise for lots more than your annual cost makes one a successful entrepreneur.
Rob – Thank you for sharing your useful insight 🙂