31 Facts About Dan Borislow

Daniel Marc Borislow was an American entrepreneur, sports team owner, inventor, and thoroughbred horse breeder.

However, due to the financial strain of paying off the AOL deal, Tel-Save lost $221 million in 1999, and Dan Borislow sold his stock for approximately $300 million and retired.

In 2011, Dan Borislow purchased a controlling share of the Washington Freedom women's professional soccer team.

Dan Borislow had a brief turbulent relationship with other owners and the players which ended in a battle of lawsuits and the termination of the soccer team and league.

Dan Borislow died from an apparent heart attack on July 21,2014.

Dan Borislow was based in New Hope, Pennsylvania, and its primary market was toward small and medium-sized businesses.

Dan Borislow took the company public in 1995 and had an initial public offering of three million shares.

Dan Borislow then invested in his own long-distance network by deploying five Lucent 5ESS-2000 switches throughout the United States.

In 1997, Dan Borislow negotiated a three-year deal with America Online that granted Tel-Save exclusive marketing rights to sell long-distance service to AOL users.

Dan Borislow's original asking price was $50 million, but after negotiations, the figure increased to $100 million, in addition to half of future profits and 15 percent of the company's stock.

In 2005, after retiring from business to focus on his horse racing career, Dan Borislow set forth plans for a new voice-over-IP business, with an initial name of Talk4free.

Dan Borislow created YMAX Communications Corporation in April 2006 as a communications and equipment service.

CEO Dan Borislow invented the product in 2007 and had applied for patents from the US government while he and Donald Burns shared the payment of $25 million to start up the company.

In 2009, Florida Attorney General Bill McCollum investigated a claim that Dan Borislow falsely marketed the magicJack as having a free 30-day trial of the product.

Dan Borislow said the company resolved over 500 complaints and added a disclaimer on the website clarifying the misconception.

Dan Borislow frequently wagered on trainer John Scanlan's horses, so he requested Scanlan to be the conditioner for his horses.

Dan Borislow bought a $1.8 million yearling in September 1999 that he named Talk Is Money.

Dan Borislow won one listed stakes after his juvenile season out of 15 starts and now stands at Castleton Lyons.

In May 2014, Dan Borislow hit the Gulfstream Park Rainbow Six paying $6.6 million.

Dan Borislow played two other similar tickets with a total cost of $22,809.60.

In 2011, Dan Borislow bought Women's Professional Soccer franchise Washington Freedom, moved it to South Florida, and renamed it magicJack.

Dan Borislow attracted stars of the United States national women's soccer team such as Abby Wambach and Hope Solo with salaries well above the league average of $25,000 per year.

The grievance alleged that Dan Borislow had violated the Standard Player Contract Provision, the FIFA Code of Ethics, WPS Media Policy and US Soccer Federation Coaching Requirements.

The only individual player to speak out publicly about Dan Borislow was Ella Masar.

Masar told of a team meeting in which Dan Borislow demanded that the grievance be dropped or he would terminate the players and the magicJack season.

Dan Borislow had problems with WPS staff and owners of other teams.

Dan Borislow subsequently filed an injunction that would force the league into arbitration rather than settling the matter with the league's Board of Governors.

Since then, it has issued varied grants to causes Dan Borislow supported, such as $2.75 million to two yeshivas and $173,450 to a West Palm Beach, Florida private school.

Dan Borislow covered the full fields in all but the sixth race, in which he had only the Nos.

Dan Borislow made 2 other similar bets on the race, total investment was $22,809.60.

Dan Borislow died from a heart attack in Jupiter, Florida on July 21,2014, reportedly after playing in an adult league soccer match.