5 ms·
If $182m is the true price it's a total firesale. They raised $78m at a $500m valuation. With costs, liquidation preferences, etc I wonder if the common shareh
by dotBen 16y ago
If $182m is the true price it's a total firesale. They raised $78m at a $500m valuation.
With costs, liquidation preferences, etc I wonder if the common shareholders will see anything. Even BI is correct at $228m it's pretty slim pickings.
My guess is Google want Levchin to be GM of the new Google social network (he has experience of social thru Slide and payments thru PayPal of course) and this is really a talent acquisition as much as anything.
- hristov 16y agoFor 182 mil this has got to be a lot of talent...
- evgen 16y agoIsn't that toad from Microsoft who was previously heading up the Android effort the guy slotted to take over Google Me? As cute as Slide is I really don't see very much about it that screams "social"; its not much more social that Google Docs and if Google has any intention of playing in the next big game it has to do much, much better than this.
- redorb 16y agotoad from microsoft? Google Me? (its not named yet) you make it sounds like your an insider and know these guys personally (if so correct me) but it just seems inappropriate.