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The 100m figure and some of the facts in the article are simply not true or are already old news by this time. I will state as I have in the past - I'm an engin
by vnorby 15y ago
The 100m figure and some of the facts in the article are simply not true or are already old news by this time. I will state as I have in the past - I'm an engineer at Myspace (correct capitalization now) but my opinions do not reflect that of my employer. I think it's public knowledge that they are in a sales process, but nobody is throwing numbers around here or company names. Mike Jones (the CEO) is doing a great job of internal transparency and it's pretty obvious that there is no set price. If it was as easy as just throwing down $100m as the top bid, somebody already would have swooped in and bought it.
- fleitz 15y agoActually it would pretty much be that easy as $100mm is way more than it's worth. The reason you're reading that it's for sale is because the buyers and sellers probably havent agreed upon a price and Fox is shopping it to a bigger market in order to drive up valuations. If the buyers and sellers had agreed you'd be reading about a buyout. A better and way more interesting question is if you had the $100mm to buy it what would you do with it? I've created an Ask HN if anyone is interested in a more thorough discussion. http://news.ycombinator.com/item?id=2495933 http://news.ycombinator.com/item?id=2495933