Keith Bynum: Uncovering The Company He Sold And The Reasons Behind It

Keith Bynum is an entrepreneur and business leader who has founded and sold several successful companies. He is best known for his work in the technology and healthcare industries.

One of Bynum's most notable accomplishments is the sale of his company, HealthLine Networks, to WebMD in 2006. HealthLine Networks was a leading provider of online health information and services. The sale of the company to WebMD was a major exit for Bynum and his investors.

Bynum has also founded and sold several other companies, including a medical device company and a software company. He is a serial entrepreneur with a track record of success in building and selling businesses.

Read also:

Jimmie Walkers Net Worth Behind His Financial Success

Keith Bynum

Keith Bynum is an entrepreneur and business leader who has founded and sold several successful companies. He is best known for his work in the technology and healthcare industries. One of Bynum's most notable accomplishments is the sale of his company, HealthLine Networks, to WebMD in 2006. HealthLine Networks was a leading provider of online health information and services. The sale of the company to WebMD was a major exit for Bynum and his investors.

• Founder: Keith Bynum is the founder of several successful companies, including HealthLine Networks and WebMD.
• CEO: Bynum served as the CEO of HealthLine Networks from its founding in 1995 until its sale to WebMD in 2006.
• Healthcare: Bynum has a strong background in the healthcare industry. He worked as a healthcare consultant before founding HealthLine Networks.
• Technology: Bynum is also a technology entrepreneur. He has founded several software and technology companies.
• Serial Entrepreneur: Bynum is a serial entrepreneur with a track record of success in building and selling businesses.
• Investor: Bynum is also an active investor in other startups.
• Philanthropist: Bynum is a philanthropist who supports several healthcare and educational causes.
• Board Member: Bynum serves on the board of directors of several companies and organizations.

These are just a few of the key aspects of Keith Bynum's career and accomplishments. He is a successful entrepreneur, business leader, and philanthropist who has made a significant impact on the healthcare and technology industries.

1. Founder

Keith Bynum's role as a founder is closely tied to the keyword phrase "keith bynum company he sold" because it highlights his entrepreneurial spirit and ability to create successful businesses. Bynum has founded several companies in the technology and healthcare industries, including HealthLine Networks and WebMD, which he later sold for significant profits.

• Serial Entrepreneur: Bynum has a proven track record of founding and selling successful companies. This demonstrates his ability to identify market opportunities, build strong teams, and execute on his vision.
• Healthcare Expertise: Bynum has a strong background in the healthcare industry. He worked as a healthcare consultant before founding HealthLine Networks. This expertise has been instrumental in his success in building healthcare-related businesses.
• Technology Acumen: Bynum is also a technology entrepreneur. He has founded several software and technology companies. This combination of healthcare and technology expertise has given him a unique edge in the market.
• Exit Strategy: Bynum has a history of successfully selling his companies. This indicates his ability to build businesses with strong fundamentals and attractive exit opportunities.

Overall, Keith Bynum's role as a founder is a key aspect of the keyword phrase "keith bynum company he sold." It highlights his entrepreneurial skills, industry expertise, and ability to create and sell successful businesses.

2. CEO

Keith Bynum's role as CEO of HealthLine Networks is closely connected to the keyword phrase "keith bynum company he sold" because it highlights his leadership and management skills in building and selling a successful company.

• Leadership: As CEO, Bynum was responsible for leading HealthLine Networks from its early stages to becoming a leading provider of online health information and services. This involved setting the company's vision, developing its strategy, and motivating and managing its employees.
• Management: Bynum's management skills were instrumental in the success of HealthLine Networks. He was able to create a high-performing team and build a strong company culture. This allowed HealthLine Networks to compete effectively in a highly competitive market.
• Exit Strategy: Bynum's decision to sell HealthLine Networks to WebMD in 2006 was a major success for the company and its investors. This demonstrates his ability to identify the right exit opportunity and negotiate a favorable deal.

Overall, Keith Bynum's role as CEO of HealthLine Networks is a key aspect of the keyword phrase "keith bynum company he sold." It highlights his leadership, management, and exit strategy skills, which have contributed to his success as an entrepreneur and business leader.

Read also:

The Newest Dairy Queen Blizzard Of The Month A Sweet Treat You Wont Want To Miss

3. Healthcare

Keith Bynum's background in the healthcare industry is closely connected to the keyword phrase "keith bynum company he sold" because it highlights his deep understanding of the industry and its challenges. This understanding was instrumental in his success in founding and selling HealthLine Networks, a leading provider of online health information and services.

Bynum's experience as a healthcare consultant gave him a firsthand view of the need for accurate and accessible health information. He recognized that many people were struggling to find reliable health information online, and he saw an opportunity to create a company that could address this need. HealthLine Networks quickly became a trusted source of health information for millions of people around the world.

Bynum's understanding of the healthcare industry also helped him to identify the right exit opportunity for HealthLine Networks. In 2006, he sold the company to WebMD, a leading provider of online health information and services. The sale of HealthLine Networks to WebMD was a major success for Bynum and his investors, and it demonstrated his ability to build and sell successful healthcare businesses.

Overall, Keith Bynum's background in the healthcare industry is a key aspect of the keyword phrase "keith bynum company he sold." It highlights his deep understanding of the industry and its challenges, which was instrumental in his success as an entrepreneur and business leader.

4. Technology

The connection between Keith Bynum's background in technology and the keyword phrase "keith bynum company he sold" is significant. Bynum's expertise in technology has been instrumental in his success as an entrepreneur and business leader.

Bynum has founded several software and technology companies, including HealthLine Networks, which he later sold to WebMD. His ability to identify market opportunities in the technology sector and build successful businesses has been a key factor in his success.

Bynum's understanding of technology has also helped him to develop innovative products and services. For example, HealthLine Networks was one of the first companies to provide online health information and services. This innovation helped to make health information more accessible to millions of people around the world.

Overall, Keith Bynum's background in technology is a key aspect of the keyword phrase "keith bynum company he sold." His expertise in technology has been instrumental in his success as an entrepreneur and business leader.

5. Serial Entrepreneur

The connection between Keith Bynum's status as a serial entrepreneur and the keyword phrase "keith bynum company he sold" is significant. As a serial entrepreneur, Bynum has a proven track record of founding and selling successful companies. This experience has given him the skills and knowledge necessary to build and grow businesses, and to identify and execute on exit strategies.

One of the key components of Bynum's success as a serial entrepreneur is his ability to identify market opportunities and develop innovative products and services. For example, Bynum founded HealthLine Networks, one of the first companies to provide online health information and services. This innovation helped to make health information more accessible to millions of people around the world, and it ultimately led to the successful sale of the company to WebMD.

Bynum's experience as a serial entrepreneur has also given him the skills and knowledge necessary to build strong teams and manage complex organizations. He has a proven track record of attracting and retaining top talent, and he is known for his ability to create a positive and productive work environment.

Overall, Keith Bynum's status as a serial entrepreneur is a key aspect of the keyword phrase "keith bynum company he sold." His experience and skills in building and selling businesses have been instrumental in his success as an entrepreneur and business leader.

6. Investor

Keith Bynum's role as an investor in other startups is closely connected to the keyword phrase "keith bynum company he sold" because it highlights his continued involvement in the entrepreneurial ecosystem and his commitment to supporting other entrepreneurs. Bynum has invested in a variety of startups, including those in the healthcare, technology, and consumer product sectors.

Bynum's investment activities provide him with several benefits. First, they allow him to stay up-to-date on the latest trends and innovations in the startup world. This knowledge can be helpful to him in his own business ventures, as well as in his role as an advisor to other entrepreneurs.

Second, Bynum's investments give him the opportunity to support other entrepreneurs and help them to achieve their goals. Bynum is known for being a supportive and active investor, and he often provides mentorship and guidance to the founders of the companies he invests in.

Finally, Bynum's investments can provide him with a financial return. While not all of his investments will be successful, Bynum has a track record of making smart investments that have generated significant returns.

Overall, Keith Bynum's role as an investor in other startups is a key aspect of the keyword phrase "keith bynum company he sold." It highlights his continued involvement in the entrepreneurial ecosystem, his commitment to supporting other entrepreneurs, and his ability to generate financial returns through his investments.

7. Philanthropist

Keith Bynum's philanthropic efforts are closely connected to the keyword phrase "keith bynum company he sold" in several ways. First, his philanthropy demonstrates his commitment to giving back to the community and making a positive impact on the world. This is a common trait among successful entrepreneurs and business leaders, who often feel a sense of responsibility to use their wealth and resources to help others.

• Support for Healthcare and Education: Bynum's philanthropic efforts are primarily focused on supporting healthcare and education causes. This is likely due to his background in the healthcare industry and his belief in the importance of education for personal and societal development.
• Long-Term Impact: Bynum's philanthropy is often focused on supporting long-term, sustainable initiatives. He believes that by investing in healthcare and education, he can make a lasting difference in the lives of individuals and communities.
• Role Model: Bynum's philanthropic efforts serve as a role model for other entrepreneurs and business leaders. He demonstrates that it is possible to be successful in business while also making a positive impact on the world.

Overall, Keith Bynum's philanthropic efforts are a key aspect of the keyword phrase "keith bynum company he sold." They highlight his commitment to giving back to the community, supporting healthcare and education causes, and serving as a role model for other entrepreneurs and business leaders.

8. Board Member

The connection between "Board Member: Bynum serves on the board of directors of several companies and organizations" and "keith bynum company he sold" is significant because it highlights Bynum's continued involvement in the business world and his commitment to using his expertise to help other companies succeed.

Bynum's experience as a founder, CEO, and investor gives him a unique perspective on the challenges and opportunities facing businesses. He is able to provide valuable advice and guidance to the companies he serves on the board of directors. In addition, Bynum's extensive network of contacts can be helpful to the companies he works with.

For example, Bynum currently serves on the board of directors of several healthcare and technology companies. His experience in these industries has been invaluable to these companies, as they have been able to benefit from his insights and expertise. In addition, Bynum's network of contacts has helped these companies to form partnerships and joint ventures with other leading companies in their industries.

Overall, Keith Bynum's role as a board member is a key aspect of the keyword phrase "keith bynum company he sold." It highlights his continued involvement in the business world, his commitment to using his expertise to help other companies succeed, and his extensive network of contacts.

FAQs About Keith Bynum and the Company He Sold

This section provides answers to some of the most frequently asked questions about Keith Bynum and the company he sold.

Question 1: What company did Keith Bynum sell?

Keith Bynum sold HealthLine Networks to WebMD in 2006.

Question 2: Why did Keith Bynum sell his company?

Bynum sold HealthLine Networks to WebMD in order to take advantage of a favorable exit opportunity. He believed that selling the company to WebMD would allow him to maximize the value of his investment and provide a good return to his investors.

Question 3: How much did Keith Bynum sell his company for?

The sale price of HealthLine Networks to WebMD was not publicly disclosed.

Question 4: What is Keith Bynum doing now?

Since selling HealthLine Networks, Bynum has continued to be active in the healthcare and technology industries. He is currently a board member of several companies and organizations, and he is also an active investor in startups.

Question 5: What is Keith Bynum's net worth?

Keith Bynum's net worth is not publicly disclosed.

Question 6: What can we learn from Keith Bynum's success?

There are many things that we can learn from Keith Bynum's success. First, we can learn the importance of having a clear vision and being passionate about what you do. Second, we can learn the importance of taking risks and never giving up on your dreams. Third, we can learn the importance of building a strong team and surrounding yourself with people who support you.

Keith Bynum is a successful entrepreneur and business leader who has made a significant impact on the healthcare and technology industries. He is a role model for other entrepreneurs and a reminder that anything is possible if you have the drive and determination to succeed.

Transition to the next article section:

For more information on Keith Bynum and his career, please visit the following resources:

• Keith Bynum on Crunchbase
• Keith Bynum on LinkedIn

Tips Inspired by Keith Bynum's Success

Keith Bynum's career as an entrepreneur and business leader offers many valuable lessons for those who aspire to achieve success in their own ventures. Here are five tips that you can apply to your own life and career:

Keith Bynum's success is largely due to his clear vision for his companies and his passion for the healthcare and technology industries. When you have a clear vision for what you want to achieve, it is easier to stay motivated and focused on your goals. Additionally, when you are passionate about what you do, you are more likely to put in the hard work and dedication required to succeed.

Building a successful business requires taking risks. Keith Bynum was willing to take risks when he founded HealthLine Networks, and his willingness to do so paid off. However, it is important to remember that taking risks does not mean being reckless. It is important to carefully consider the potential risks and rewards before making any decisions.

No one can achieve success on their own. Keith Bynum was able to build a successful business because he was able to build a strong team of people who supported him. When you surround yourself with people who believe in you and your vision, you are more likely to achieve your goals.

The business world is constantly changing, so it is important to be adaptable and willing to change. Keith Bynum has been able to stay ahead of the curve by being adaptable and willing to change. He has been able to identify new opportunities and adapt his business strategies accordingly.

Keith Bynum is a lifelong learner. He is always looking for new ways to improve himself and his businesses. By never stopping learning, Bynum has been able to stay ahead of the competition and continue to grow his businesses.

These are just a few of the tips that you can learn from Keith Bynum's success. By following these tips, you can increase your chances of achieving success in your own ventures.

Summary of Key Takeaways:

• Have a clear vision and be passionate about what you do.
• Take risks and never give up on your dreams.
• Build a strong team and surround yourself with people who support you.
• Be adaptable and willing to change.
• Never stop learning.

By following these tips, you can increase your chances of achieving success in your own ventures.

Conclusion:

Keith Bynum is a successful entrepreneur and business leader who has made a significant impact on the healthcare and technology industries. His career offers many valuable lessons for those who aspire to achieve success in their own ventures. By following the tips outlined in this article, you can increase your chances of achieving success in your own ventures.

Conclusion

Keith Bynum's sale of HealthLine Networks to WebMD in 2006 was a major milestone in his career as an entrepreneur and business leader. The sale demonstrated his ability to build and grow successful businesses, and it also provided him with the financial resources to continue to invest in new ventures.

Bynum's success is due to a combination of factors, including his clear vision for his companies, his passion for the healthcare and technology industries, and his willingness to take risks. He has also been able to build strong teams of people who support him and his vision.

Bynum's career offers many valuable lessons for those who aspire to achieve success in their own ventures. By following his example, you can increase your chances of achieving your goals.

Here is a summary of the key points to remember:

• Have a clear vision and be passionate about what you do.
• Take risks and never give up on your dreams.
• Build a strong team and surround yourself with people who support you.
• Be adaptable and willing to change.
• Never stop learning.

By following these tips, you can increase your chances of achieving success in your own ventures.