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Heh, AOL bought ICQ for $287 million, and it had 12 million users. $24 per user. Now AOL was really good at destroying companies though...
by smackfu 13y ago
Heh, AOL bought ICQ for $287 million, and it had 12 million users. $24 per user.
Now AOL was really good at destroying companies though...
- adventured 13y agoI agree re: AOL destroying value. I think It was $400m total, and keep in mind ICQ was ten times that size three years later (less than $4 per user at that point). I doubt we'll wake up to WhatsApp being at 4 billion users in 36 months.
- leggo2m 13y agoAOL also bought Bebo for $850M and then sold it back to the founders for $1M a few years later.