4 ms·
Loopt once had a 500m valuation, and then sold for 43m, one of these days... Why couldn't Path (or anyone) go down the same route?
by herval 15y ago
Loopt once had a 500m valuation, and then sold for 43m, one of these days... Why couldn't Path (or anyone) go down the same route?
- ctide 15y agoBecause an acquihire doesn't have a positive effect on Dave Morin's life. He's back at a big company again, and he's already filthy rich so what's a few more millions?
- alaskamiller 15y agoAssuming he'll forever be in that position.
- herval 15y agohow about everyone else involved on Path?
- vaksel 15y agosure it does...it allows him to exit with his head held high, and allows to add another acquisition to his resume. And frees up his time to start up another idea that he thinks has a lot more chance of success.