3 ms·
> we sell out at 100m and then go enjoy life instead of building a global giant. This is what happened to Booking.com, sold to Priceline back in 2005 for about
by Nanite 9y ago
> we sell out at 100m and then go enjoy life instead of building a global giant.
This is what happened to Booking.com, sold to Priceline back in 2005 for about $150M due to lack of growth capital, currently Booking.com accounts for 70% of Priceline's revenue, which, with some handwaving, would amount to a virtual market cap of 50+ Billion $ if hypothetically they had continued on their own.