Hoberman, who is part of a syndicate of investors led by Esprit Capital Partners, will be joined by the co-founders
of Active Hotels, which was sold in 2004 for $161m (GBP90m), the CEO and vice chairman of Cheapflights.
We worked together for more than four decades, including 30 years as co-founders
and leaders of Countrywide and I have always deeply respected David as a business partner, mentor and friend.
Judy Adams and Leeann Lidz, former Girl Scouts themselves, who are co-founders
of Kids' Art of Ventura County.
Launched just 15 months ago with $3 million from the co-founders
and $20 million in outside financing finalized last week, Asia On-Line's parent company, Asia Communications Global Ltd.