Quote:
Originally posted by BRISK
maybe, maybe, maybe, who knows?
I don't think Broadcast.com was worth $5.7 Billion before Yahoo bought it, and I don't think it would be worth $5.7 Billion today if they hadn't. I think it has value, but certainly not $5.7 Billion. It was a crazy time and he was in the right place at the right time and he got waaaay more for the company than he normally would have if it weren't for .com mania.
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again how many companies didn't sell during the bubble? he made the right decision to cash out at the right price instead of believing the hype and watching paper profits vanish faster than they appeared.