Pro2Net Calls it Quits
After a six year run as a premier accounting industry Internet portal, Pro2Net (formerly AccountingNet) has decided to close its doors for good.
The company was the first true Internet portal devoted exclusively to the accounting profession. Over the past year, they expanded in scope and in staff to address multiple professional business segments, and hired many industry insiders to stake out a dominant position in the professional marketplace.
As financial market conditions worsened in the past few months, Pro2Net experienced financial difficulties, and retreated from their expansionist strategy to focus on their core business of accounting. The company sustained several rounds of layoffs, but ultimately had to inform its remaining employees on Monday that it is shutting down operations.
AccountingNet founder Derek Doke and a couple of key staff members will remain on board to close up shop later this month.