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 Just 18 months after this photo sharing program and social network was launched, Facebook offered to purchase Instagram for $1 billion in cash and stock. The deal closed only four months later in August of 2012. Low barrier to entry. Unprofitable. Unprofitable.
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