Comments on: Yahoo! Acquires Online Contests Hub Bix

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tanyue123 — Wed, 19 Oct 2011 06:15:00 +0000

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By: Sid Yadav

Sid Yadav — Sun, 19 Nov 2006 02:21:47 +0000

Well, if you imagine the other 100 companies these investors have given 5m+ for and still haven’t seen any results, a 2x ROI is at least something I guess. Also, they didn’t mention if this was in cash or stock. As we all know, stock is completely different to cash — if Friendster had taken the 30m in Google stock they’d be worth hundreds of millions today.

By: Nabeel

Nabeel — Sat, 18 Nov 2006 20:01:28 +0000

Raised $6.8m and sold for $15m? Not exactly a great return for investors and I’m surprised they let it happen, must be more to the story I imagine.