Hotmail co-founder falls prey to dotcom bust

The Standard: “Indian-born
Sabeer Bhatia, co-founder of the hugely popular
Internet e-mail service Hotmail, has joined the
ranks of high-tech entrepreneurs hit by the
“dotcom” bust.

In a quiet online burial, Bhatia has announced
the closure of Arzoo.com, his nine-month-old
venture which aimed to be a global platform for
piecemeal software projects, matching corporate
buyers with moonlighters, part-timers and
freelance experts.”