Well it's different to sell a profitable company than a speculative company. Valuation of a start up is based on speculation while an operating and profitable c

Well it's different to sell a profitable company than a speculative company. Valuation of a start up is based on speculation while an operating and profitable company would go for around 110% of gross annual revenue in cash. Since it used old school valuation we can assume a few things: * GeekNet content traffic is growing very much * There was no other bidder and no 'bidding war' * GeekNet was highly motivated