2 ms·
"A very low price if they really believed all the hot air they were pumping out" If Powerset sells for $100M, then they clearly don't believe their own hot air
by pchristensen 18y ago
"A very low price if they really believed all the hot air they were pumping out"
If Powerset sells for $100M, then they clearly don't believe their own hot air. I'd be very nervous if someone accepted an offer for much less than they claimed to be worth.
- PieSquared 18y agoEh, you're not Microsoft, it seems.
- rms 18y agoWe're in a recession, I don't blame them for taking what they can get.
- bluelu 18y agoIn my opinion they were simply running out of money and have no business model whatsoever. 100 Million is still a lot of money for something that only searches wikipedia. With 100 million $ you could hire some of the brigthest engineers around the world and build this in less in a year.