By the end of the day, Quepasa was worth $272 million.
In September 2005, Quepasa announced a marketing deal with Jennifer Lopez.
On June 24, 1999, Quepasa went public on the Nasdaq stock market.
Within months,
Costa Rican President Jose Maria Figueres joined the Quepasa board of directors.
By 2002, Quepasa shares had declined in value under the leadership of Trujillo.
Quepasa billboards were a frequent sight in Hispanic cities across the United States,
In a lawsuit filed in Maricopa County Superior Court,
Peterson was accused of competing with Quepasa.
Quepasa billboards were a frequent sight in Hispanic cities across the United States,
encouraging millions of Latinos to join"El Mundo Nuevo"(Spanish: The New World) online.
On November 5, 2006, Peterson again left the company, after selling 30% of Quepasa to then-multimillionaire investor Richard Scott,
who would later become Governor of Florida.