We all know the pains that are happening at EarthLink and it is quite a shame. I, like many of you, remember the old days of MindSpring. In fact MindSpring was my first ISP after I left Georgia Tech.
So I started trolling around EarthLink’s career site and found something very surprising and possibly telling. First, EarthLink has 21 open job requisitions. Not a large number given the massive layoffs they’ve experienced lately. But the most recent posting piqued my curiosity.
Posted on December 21, 2007 is an opening for a Director of Corporate Development. This position is said to be the
most senior level solely focused on Corporate Development, a Director of Corporate Development is responsible for managing all facets of Earthlink’s merger, acquisition & investment processes from start to finish for one or more designated segments of Earthlink’s targeted growth areas
Could it be? Sounds to me like EarthLink may soon take some of that $300 million of cash on hand and start spending it to acquire companies. This may be a really good thing for startups on the East Coast if what you do makes strategic sense to EarthLink.
We’ll have to keep a close eye on who gets this position because their background could determine how good this is for Atlanta and the East Coast. Not to mention EarthLink’s future as a functioning public company.
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