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or he just got very lucky. it only seems like he was "ahead of his time" because the story worked out - when you look at other acquisitions like say Oculus or P
by misiti3780 8y ago
or he just got very lucky. it only seems like he was "ahead of his time" because the story worked out - when you look at other acquisitions like say Oculus or Parse, I would argue it seems quite the opposite.
- austenallred 8y agoIf you spend $4 billion on acquisitions and one of those becomes worth $100 billion that is a win no matter how you slice it.
- misiti3780 8y agoof course it is win, no one is saying it's not a win, what im suggesting is there is a much higher probability that MZ got really lucky than assuming he some sort of clairvoyant genius.
- skinnymuch 8y agoWhatsapp has over 1.5B users now. Facebook paid for it mostly with stock back in 2014. That was a solid buy. Oculus while not a huge success was also only bought for a few billion. Not a bad loss. Parse wasn’t bought for that much. It might’ve not been a loss either. When two of their bigger acquisitions are slam dunk successes or just successes, that’s a pretty good record.