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Re: Yahoo! Acquires Online Contests Hub Bix

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Re: Yahoo! Acquires Online Contests Hub Bix

health care insurance — Sat, 02 Feb 2008 02:09:07 -0000

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Re: Yahoo! Acquires Online Contests Hub Bix

Sid Yadav — Sat, 18 Nov 2006 21:21:47 -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.

Re: Yahoo! Acquires Online Contests Hub Bix

nabeel — Sat, 18 Nov 2006 15:01:28 -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.