What are your favorite examples of startup "exits" that turned out to be worthless to the acquiring company?
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omg I forgot about that one
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"In 1999 for $5.7 billion (or over $10,000 per user)" my jaw just dropped what was the plan? - this was even before itunes
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broadcast and geocities both bought by Y in 1999. 5.7b and 3.7b.
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here is a good list http://fortune.com/2013/05/21/5-worst-internet-acquisitions-of-all-time/ … MySpace, geocities some real "winners"....
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to be fair, they kept the team and used the broadcast technology for over a decade. bebo was truly worthless to aol.
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btw, watch the http://broadcast.com roadshow. it is basically a pitch for youtube. little early....
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Marc Cuban is the most successful scammer of all time.
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