Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million
Gust
NOVEMBER 4, 2011
The TL;DR answer to the stock option question is that MySpace options were cashed out at modest value at the time of the FIM merger, coming on the heels of the spin-out of MySpace into a separate subsidiary by parent company Intermix Media, with an infusion of new capital from Redpoint Ventures. Read on for a fuller explanation.
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