bckrasnow
Joined 13 years ago
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10
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15
Member since
Aug 23
Joined 13 years ago
SnapChat and Facebook are fun. Google and Tesla are world changing. The failures may be nameless, but they outnumber the rest 5 to 1.
If you're a success story, it doesn't matter to me whether or not you are fun or world-changing. You succeeded. That's enough in itself.
Though you could probably say that about American companies in Europe now as well.
This is really really smart. I'd guess it's a play for a talented team, and a bet that they can become a leader in an industry that will be revolutionary sooner rather than later.
I would have to think that the stock drop is due to the price they're paying for a startup that had $8 million in funding.
Hmmmmmmmmmmmmmmmmmm.