Knowing When It’s Time To Sell Your Startup
YoungUpstarts
NOVEMBER 13, 2012
The founders sold the two year old company to eBay in 2005 for $2.6 They devalued the company and sold 70% of the business to private investors in 2009. Questionable business model. The deal closed only four months later in August of 2012. Unique social networking product. Low barrier to entry.
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