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News Corp paid 580 million for myspace. MSFT paid 240 Million for 1.6 percent of facebook. ...guess which one of these companies has access to a financial spr
by mynameishere 19y ago
News Corp paid 580 million for myspace. MSFT paid 240 Million for 1.6 percent of facebook. ...guess which one of these companies has access to a financial spreadsheet application?
Obviously, Microsoft can lose 240 million dollars without much harm, but this unbelievable idiocy means that microsoft will either have a vast change in management very soon or an untimely death.
- eusman 19y agoi guess that makes the 1.6 billion YouTube acquisition a bargain, which is now counting 250 million visitors per month...
- mattmaroon 19y agoNews Corp got Intermix for bargain basement prices due to some good old fashion shareholder swindling. News Corp probably had nothing to do with it, but it was inarguably an artificially low price. Though even had they paid what, at that time, would have been market rate, it still would have been an infinitely better deal.
- aston 19y agoLet's not pretend that Google wasn't willing to pay the same amount (or at least similar).