Quote:
Originally Posted by slapass
They paid $300/user. I doubt this purchase will ever show a profit.
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According to this article, your number is way off. It says:
"One user = $28"
As opposed to the Facebook IPO which estimates each user's value at $118 per user.
www dot bbc.co.uk/news/business-17666032
Facebook needed to do this...Needed to get more into mobile, and needed to get it away from Google...
Although, I think they could have offered $750 million and those dudes would've still shit their pants and said yes.
Sure wish I could post links....Oh well, someday...
