|
|
|
|
|
|
by forapurpose
3143 days ago
|
|
|
> It sold for $300 million. That means its run-rate was probably ... Perhaps the price was based, to a degree, not on financials but on politics. Someone I know told me the story of working for a major international telco in South America, when the host country decided to nationalize their local phone service. The nation's government provided a check for $1 million (IIRC), far below the value of the business, but of course the company took the check without argument. I have no idea what happened with AWS in China. When corrupt politics intersects with business, it perverts the market and rule of law - something those doing business in the U.S. should keep in mind too. |
|
|