Why large companies acquire small companies
A Smart Bear: Startups and Marketing for Geeks
MARCH 21, 2017
It was said that Facebook drastically overpaid (a billion dollars for a company with fanatical users but zero revenue) but also that that Instagram was stupid to sell so early (because after more “inevitable” growth it would be worth much more, and would “inevitably” be bought or go public at that larger valuation).
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