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Microsoft paid $500 million for Danger Research, maker of the popular Sidekick smartphone. Which sounds impressive, until you learn that investors poured $225 million into the company. 2x returns are not the kind of deals that line Sand Hill Road with Beemers. [GigaOm]
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Comments
First!
But seriously, YHOO paid $150 mil for Maven Networks which ran on a $30 mil investment ([tinyurl.com]). 5x is much easier to swallow.
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