I am not sure if you guys know who Naveen Jain is. To learn about him, I suggest that you visit this page:
The Seattle Times: Dot-Con job (http://seattletimes.com/news/business/infospace/)
To make a long story short: he was the owner of Info Space. This company used to be huge and they made as much money as Being back then. He then went public with it. People started investing money. When things were not good at all, he lied to the public by saying things were looking promising. But as soon as all the talking for the public was done, he and other execs sold out their shares and the company went down.
He is no longer with info space but the other company that he wants to make public is called Intelius. I believe he is up to something. Thoughts?