Foundation Hotmail. Developers Hotmail was an Indian, Sabeer Bhatia and his friend Jack Smith.
Bhatia and Smith worked
their creativity in the production of ideas. In December 1995, had the idea to launch a service e-mail that was seen from anywhere in the world. They wanted to build a system of e-mail access to free Web-based. The idea was to offer an e-mail account free to anyone who would make such
accounts accessible of the Web.
Bhatia wanted a name involving the word ''MAIL'' (e). Thought hard and came HOTMAIL. He used the letters of the acronym HTML - the language used to write web pages, with the word MAIL. To begin the needed 300 thousand dollars. Bhatia looked at several companies in venture capital financed entrepreneurs in exchange for equity. But no one wanted to venture into new idea. Till, who was interested was Steve Jurvetson of Draper Fisher Jurvetson. He would receive 15% stake.
After the agreement, Jack and Bhatia left their jobs at Apple Computer and opened a small office in California. Bhatia persuaded 14 employees to work in exchange for company stock at a set value. In June, the money was in order but the product would take even a month. Doug Carliske an investor was willing but Bhatia and Smith obtained a bank loan of 100 thousand dollars.
Thus on 4 July 1996 Independence Day in the United States launched the first enterprise e-mail free of the world, Hotmail. To have your User account e-mail was enough to connect from any computer, anywhere in the world. Hotmail was the first company to offer e-mail Web-based
Hotmail started working by sending news and other content from the Internet to subscribers. That was nothing new, but the amount of money, yes. The sites that provided the content they wanted to get paid for it, however, Bhatia found that the sites had to pay to Hotmail to have the contents flowing. They agreed, and soon Hotmail was growing so fast that some content providers could barely handle the traffic generated. Bhatia only concerned with one thing: if hotmail was copied? He has 25 employees, a small operation.
When they tried to sell the idea of Hotmail to venture capitalists, which they said was: "What will prevent
Microsoft from copying this concept and end up with you?". But Microsoft did not learn that success when Bhatia told a reporter, "We have 6 million users."
Microsoft wanted to buy the Hotmail in 1997, Bhatia offered a lot of money, but he refused. A week later they were back, and every week for two consecutive months.
Given the failure then asked that Bhatia was to Redmond to talk with Bill Gates, founder of Microsoft. In the interview, Gates began asking normal investors who do all the time. Bhatia returned to Microsoft with a proposal for a half-billion dollars. They were troubled negotiators. The tension grew as Microsoft would put more money on the table: 200 million. Two hundred and fifty. Hundred. Bhatia
remained firm. When negotiators have offered about $ 350 million, most executives favored to accept.
Bhatia refused. However, the last day of 1997, an agreement was announced. Hotmail had been negotiated by 2,769,148 shares of Microsoft, 400 million dollars.
Eight months after the announcement of the agreement, $ 400 million paid by Microsoft seemed to bargain, the user base of Hotmail had more than doubled. With 22 million accounts active e-mail, the company was attracting 125 thousand new users per day.
In late 2006, MSN launches new version of Hotmail, Windows Live Mail which suffered successive updates.
The new Windows Live Hotmail has a storage capacity of 5GB, up to 20 MB attachments, layout with different colors depending on the tastes of the User, system for e-mail and contacts very advanced, the best so far created by MSN. This new version is incomparable with other accounts of e-mail: Yahoo! and Gmail.
During the launch of Windows Live Hotmail now Windows Live Hotmail, MSN launched invitations to users to join the new version and sending feedback to improve the service accounts, resulting in the performance of the MSN accounts.
Despite nearly six months, there are still many users who did not adhere to it, continuing to use the classic version of Hotmail, but in turn these accounts have a capacity of 1024 MB and can be attached files up to 10MB.
To join the new version is required to be signed, Windows Live ID, your account will have 2GB and a week later change the layout, but the new layout requires good speed broadband, because if not, will be very slow. If you are not satisfied with the new version you can return to the classic version.