5 ms·
And yet I doubt any of these saw 40x YoY increases topping out at a $2.5 billion valuation.
by Phlarp 13y ago
And yet I doubt any of these saw 40x YoY increases topping out at a $2.5 billion valuation.
- TylerE 13y agoWebvan got to something like $1.5b Broadcast.com sold to Yahoo for $5.7b
- gwern 13y ago> Broadcast.com sold to Yahoo for $5.7b Smells like success, not failure.
- TylerE 13y agoNot really. Basically everything that was Broadcast.com was shutdown within 8 years. So they basically paid $5b+ to run a service that lost money every year for a few years until they finally just quietly dissolved it. I mean, the broadcast.com guys made out like bandits, the buyers, not so much.
- shadowOfShadow 13y agoThat's what he's saying. This is the new con and the cons are going to make out like bandits.