Started in 1995, Lycos was developed as a research project in CMU. Opportunities from people whom Michael Mauldin do not really know started to show up, and Dan Nova from CMGI invested in Mauldin’s work and asked Davis to become CEO of his project. At first, they built the strong team and ofcourse, planned all: their objectives, goals, etc. and finally came up with an idea that they’re about to become an online media company.

They indeed controlled their small company of online working to develop a media system and encountered several problems that made their first few months harmful.

Ofcourse in the development of Lycos, their servers encountered a lot of technical difficulties and became very inflexible. Sooner, advertisers offered a lot of deals to make their products become known, by the use of Lycos, because that time, people are mostly spending their time surfing the site.

Later, when Davis decided to merge with the USA Network, the merging was a failure. Lycos thereon became valuable and the founders finally sold Lycos to Terra for US$5.4 billion.