SkwizzNet was founded in 1998, making it old by Silicon Valley startup standards.
Ellison himself became a multi-billionaire when he took Oracle public during an earlier Silicon Valley market boom.
Goldberg and Ellison appeared to be on the fast track to generating more IPO billions with SwizzNet, but their timing was off.
Shortly after the founding of SkwizzNet, the dot-com boom turned into the dot- com bust.