Gust

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Never missing an opportunity for a good war story, I’d like to revisit one high-profile transaction, the $650 million acquisition of MySpace by Fox Interactive Media in 2005, on which I spent many sleepless nights along with the rest of the deal team.

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Probable and Improbable Lobbying Wins: The 1,000-stockholder Rule

Gust

Without these two laws (or their equivalent), the social media revolution of the past decade would have been stillborn. Facebook, which did not exist in 2003, is now valued at nearly $100 billion. Google, which incorporated in 1998, has a market cap of $200 billion and employs more than 30,000 people.

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