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by wutbrodo
2436 days ago
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> They are continually sold to new owners because nobody knows how they can generate a profit. They were founded in 1992, were bought by Google and then sold to Softbank. I don't think that qualifies as "continually sold", particularly when the buy-and-seller was Google. I'm not as negative on Google's acquisition strategy as many here, but Google selling companies a few years after acquisition is hardly unheard-of. |
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