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by badclient 4709 days ago
For <$70MM (and for a company that raised $40MM), that could be a relatively cheap acquisition

How much money Rockmelt raised says little about how good of a deal Yahoo received. The reverse may be true: Yahoo may have had to pay way more than the real value simply to ensure a return to the investors, not because it valued the company at the price paid.

1 comments

raising $40 million...the investors most likely just made their money back at best. Maybe 2x for the early investors?
The investors should have taken a loss. It was a failing business.