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The number is not big, less than 10 million dollars. You have no idea many employees they have or what kind of talent they have. This number is well in line wit
by Charuru 16y ago
The number is not big, less than 10 million dollars. You have no idea many employees they have or what kind of talent they have. This number is well in line with Google's talent acquisitions in prior years.
Also the space they're in is very very relevant.
- nlh 16y agoEvery bubble always has a "rational explanation" for the valuations. "This time it's different" they say. Always. This time is no different. Of course you can explain why paying $10M for an unlaunched site makes sense to a company that just turned down $6 billion from Google, who itself is valued at $200B. Doesn't make it any less of a bubble.
- rwhitman 16y agoTechcrunch also tends to greatly exaggerate acquisition prices when they don't have access to any real figures...