Old 07-21-2011, 11:05 PM   #1 (permalink)
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Default MyYearBooks Sells for $100 Million... Woah
Yeah... woah.

myYearbook: The $100 Million Startup Name You Need To Know - Deborah Sweeney - MyCorporation - Forbes
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Old 07-22-2011, 01:01 AM   #2 (permalink)
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Default Re: MyYearBooks Sells for $100 Million... Woah
I feel like that was a waste of money, all social neteorks will fall to facebook.
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Old 07-22-2011, 02:44 AM   #3 (permalink)
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Default Re: MyYearBooks Sells for $100 Million... Woah
Impressive, but only $18m cash. The other $82m is in Quepasa common stock. The company hasn't even been publicly traded yet for a year, so i'm curious to see if their stock value rises or decreases over time.
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Old 07-22-2011, 05:50 AM   #4 (permalink)
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Default Re: MyYearBooks Sells for $100 Million... Woah
I didn't even know why it was worth buying. I don't know anyone that uses it.
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Old 07-22-2011, 07:30 AM   #5 (permalink)
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Default Re: MyYearBooks Sells for $100 Million... Woah
Yeah its a brilliant amount but I don't think that the common stock that they get is very good because the stock could possibly decrease as its not a very well known company. But 21 and $100 million.... very nice!
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