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by rvz 1165 days ago
Oh dear. Less than a year.

This is what happens when businesses follow and chase short-term hype cycles and end up wasting time and money in the end. The return on investment of this acquired startup is exactly $0.

Facebook on the other hand with the Instagram acquisition gave returns into the tens of billions of dollars.

2 comments

Say what you will about Facebook, but its acquisition strategy has generally been strong.

Instagram has to be an all-time steal for what they paid for it. They also own What's App, a juggernaut in its own right.

Facebook's acquisition of Oculus was reasonable. It does remain to be seen if they can truly harness it or not.

> The return on investment of this acquired startup is exactly $0.

negative, far below zero.