| Business

Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Venture capitalist Meakem to detail latest business at meeting

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Thursday, June 13, 2013, 12:01 a.m.

Venture capitalist Glen Meakem will detail a new Internet business he's developed later this month during an invite-only meeting at his company's Downtown offices.

Meakem, who sold online auction site FreeMarkets Inc. in 2004 for $493 million, has started the website, but he isn't discussing what it will do.

“I believe that will have far-reaching implications for the way people save and share their important memories and information during their lives and then for the way they are honored and remembered after they are gone,” Meakem said in an email, which invites the recipient to attend a meeting on June 22 for “a behind the scenes look at our new company.”

While the email reveals little else about the company's plans, Meakem also said those who attend the $25 meeting will have the opportunity to become “founding members” of

“If you decide to become a member of Forever at any level, we will credit the $25 you pay for our brunch event to the cost of your membership,” he said.

Meakem could not be reached by phone for comment.

The website has little content other than a place to enter an email address to be notified of the company's public launch.

The Tribune-Review reported in January that Inc. had raised $9 million from investors and that trademark documents described the company as offering computer software and a website for preserving, creating, organizing and retrieving personal documents, data, text, photos, music and video.

There are a number of free and paid websites that allow users to create online memorials, including,,,, and

Alex Nixon is a staff writer for Trib Total Media. He can be reached at 412-320-7928 or

Add Alex Nixon to your Google+ circles.

Subscribe today! Click here for our subscription offers.




Show commenting policy

Most-Read Business Headlines

  1. Miata leaves cutesy behind for sleek
  2. Uncle Charley’s Sausage expands sales to Maryland, Virginia
  3. Stocks wrap best week of year with slight gains
  4. CMU showcases its lengthy list of fledgling companies at venture event
  5. PNC fined for paperwork errors on municipal bond offerings
  6. Other segments nudge Alcoa to slim profit
  7. Rice, Gulfport team on Utica shale pipeline system
  8. Sluggish wage growth may sap retail spending during winter holidays
  9. EDMC to lay off 115 more faculty and staff at Art Institute campuses
  10. Last-minute China worries derailed Fed’s rate hike plans, minutes reveal
  11. Finding balance key to PNC Capital Markets chief’s success