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That's pure bubble talk - "we don't have to generate profit to justify the investment, we'll just get acquired by someone else" SOMEONE has to generate a profi
by klochner 16y ago
That's pure bubble talk - "we don't have to generate profit to justify the investment, we'll just get acquired by someone else"
SOMEONE has to generate a profit based on the technology which justifies the investment or acquisition cost, whether it's color or their eventual acquirer.
- bhousel 16y agoAnd I'm saying, the acquisition is already planned and these investors aren't investing in Color, they're essentially investing in Facebook pre-IPO without going through Goldman's special investment vehicle. None of the investors mentioned (Sequoia, Bain Capital, SV Bank) are Facebook investors yet.
- moe 16y agoBut... what if facebook just buys one of the inevitable competitors for a fraction of the price? Or builds the feature on their own? So far I'm missing the special sauce that makes them a must-buy-can't-clone.