Going Private "Like Having A Tattoo Removed, Layer By Layer"

CallWave was delisted from the Nasdaq on June 30 and re-emerged today as Fuze Box, after settling two lawsuits from dissident shareholders and battling two hostile takeover attempts, according to CEO Jeff Cavins. Also, Cavins is still recovering from a case of pneumonia. "Taking a company private is like having a tattoo removed -- incredibly painful," he said. "Once you get on the other side, you don't have time to celebrate. You're so exhausted, and you've got a business to run." Cavins joined CallWave a couple of years ago after the company went public -- in 2004 -- with an Internet telephony product for people who still used dial-up to get online. The product would route phone calls to your computer screen if you were surfing the Web and then back to your phone if you wanted to talk.

20 August 2009•2 mins read
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