4 ms·
They were not a joke. They were at an earlier stage of growth and all those prices were fair for what it was at the time.
by rapsey 8y ago
They were not a joke. They were at an earlier stage of growth and all those prices were fair for what it was at the time.
- user5994461 8y agoDon't be surprised when a company in early stages of growth (tens of millions of users with great potential for more) prefers to continue than take an early exit. The Microsoft deal looks incredibly one sided: https://www.businessinsider.com/steve-ballmer-microsoft-tried-to-buy-facebook-for-24-billion-2016-10 https://www.businessinsider.com/steve-ballmer-microsoft-trie... Anyway, prices are up. There is more cash available now than there was 10 years ago, not to mention than being acquired by Google/Facebook/Microsoft is a better brand name than Viacom. With funding rounds in over a hundred millions, the founders might not even get a good cut out of a (single) billion dollar sale.