Company co-founded by Scott Hassan, early Google programmer at Stanford University, and Carl Victor Page, Jr., Larry Page's older brother.
They were an email list management website, and became Yahoo! Groups after the aquisition.
The company was sold to Yahoo! in August 2000 for $432m and became Yahoo! Groups. They managed to miraculously dodge the Dot-com bubble. After the acquisition, Yahoo started to redirect them to: groups.yahoo.com as can be seen on the Wayback Machine: web.archive.org/web/20000401000000*/egroups.com The first archive of groups.yahoo.com is from February 2001: web.archive.org/web/20010202055100/http://groups.yahoo.com/ and it unsurprisingly looks basically exactly like eGroups.