4 ms·

Google paid 151M for Zagat - is that considered cheap? Would be surprised if the Frommer's price was even half that. http://www.mercurynews.com/breaking-news/ci

• jonhohle 14y ago
  When you think that Zagat - a world renowned service for restaurant ratings for over 30 years - was purchased for about 15% of what Instagram cost, I would say it's cheap. I know new whiz-bang startups can generate a lot of cash (if they are lucky), but it always surprises me how low the valuation of old guard companies can be.
  • mcherm 14y ago
    Comparing to Instagram, which even its defenders admit is an outlier, is poor choice.