Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Pioneering Entrepreneur Gary Hoover January 4 Guest on Economic Perspectives

Posted by Hopeton on January 3, 2010

Gary Hoover, Entrepreneur-In-Residence at the Herb Kelleher Center for Entrepreneurship at the McCombs School of Business at The University of Texas will be the January 4 guest on Economic Perspectives on KAZI 88.7 FM., 5:30 p.m. – 6 p.m. You can listen live online at http://www.live365.com/stations/kazifm?site=pro&playfounder.

At the age of 30, Hoover created pioneering book superstore BOOKSTOP, which helped change the nature of book shopping in America. BOOKSTOP also won kudos for its preservation and restoration of historic buildings such as old movie theatres. This company was sold to Barnes & Noble for $41.5 million cash when it was 7 years old, and became a cornerstone for their industry-dominating superstore chain, which in 2007 did over $4.5 billion in sales out of 700-plus stores.

After he and his partners sold BOOKSTOP, Gary returned to his first love of understanding businesses, and (in 1990) began a small business information publisher, the Reference Press. This company evolved into Hoover’s, Inc., the world’s largest Internet-based provider of information about enterprises. Hoover’s Online, at http://www.hoovers.com, covers thousands of companies around the world, and includes private, public, and non-profit enterprises. Millions of users from all countries access Hoover’s every day for the site’s easy-to-use and easy-to-read information on enterprises, generating hundreds of millions of page views a year. In July of 1999, Hoover’s went public and in March of 2003, the company was purchased by Dun & Bradstreet for $117 million.

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