Newly independent Aol is still struggling with the fate of Bebo, the social network they acquired for $850 million in 2008.
No one argues that Aol underpaid for Bebo. And the social network has fallen from 22 million monthly unique visitors when it was acquired to just 14.6 million today (Comscore worldwide). But even so, [...]
Tags: 100 Million, 6 Million, Aol, Assets, Bebo, Bryan Smith, Effective Tax Rate, Fate, Financial Option, Liquidation, Logic, Long Term Capital, Long Term Capital Gains, Perkins Coie, S Corporation, Subsidiary, Tax Attorney, Tax Experts, Unique Visitors, Worthlessness
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Redfin CEO Glenn Kelman is an occasional contributor to TechCrunch. And when he does take the time to write a guest column, they are certainly worth reading. In this post he laments cheapskate founders who trickle tiny amounts of equity down to early employees, and presumably he’s taken his own advice with the now-profitable Redfin. [...]
Tags: 10 Million, 50 Million, Acquisitions, Adviser, Ceos, Einstein, Elephant, Entrepreneur, Founders, Glenn Kelman, Good Question, Guest Column, Liquidation, Occasional Contributor, Raising Venture Capital, Startups, Suster, Sweeteners, Tiny Amounts, Worth Reading
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