Founded by UVA alumni

The network that explained technology to everyone else.

Two UVA classmates started a 24-hour cable channel about computers in 1992, then moved the whole thing onto the web before most people had seen one.

1992founded, in December
2UVA classmates
$1.8BCBS acquisition, 2008

How it started: Halsey Minor & Shelby Bonnie

  • Halsey MinorCollege · co-founder, chairman and chief executive
  • Shelby BonnieCollege · co-founder, later chief executive

Halsey Minor left a job at a New York bank and, in December 1992, started c|net with Shelby Bonnie, a classmate from UVA. The original idea was television: a 24-hour cable network about computers and technology, at a moment when computers were not yet a mass-market subject.

The television network worked, but the web turned out to be the better medium for what they were doing, and CNET became one of the first properties to prove that an internet publication could be a real business. Minor ran it as chairman and chief executive until 2000, when Bonnie succeeded him.

How it changed the world

CNET established that technology was a consumer subject — something to be reviewed, compared and explained in plain language rather than left to trade press. It also demonstrated the advertising-supported web publication as a viable company, years before that was obvious. CBS bought CNET Networks for $1.8 billion in 2008.

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