Press

Paltalk profits from winning combination

11 Aug 2009 | Network World

by Larry Hettick Last month, Paltalk announced it completed a buyback of its shares from investor Softbank Capital Partners after having achieved years of profitability. The Paltalk platform was launched in 1998 and has more than 4 million unique users a month with nearly 100,000 people simultaneously chatting in rooms at any given time. The company combines voice and video into instant messaging, and has enabled user-created chat rooms, supporting as many as 5,000 people in one live video chat room. Following the announcement, we interviewed CEO Jason Katz about his company. We asked Katz how a company that ... Read on »

• ARTICLES ARCHIVES »MORE RECENT ARTICLES
• » Payback time
• » Why good Web sites shouldn't be free.
• » Happy Chat: Paltalk Buys Back Its Shares From Softbank, at a Premium
• » Paltalk says it has settled suit with Microsoft