Archive for May 3rd, 2010
Google acquires BumpTop part 3
3 May 2010Okay, this should do it on the BumpTop front. But since so many of you are detail oriented…here goes.
Purchase price was closer to US$30 million that the US$35/40 million I’d estimated at the outset (see prior post “Google acquires BumpTop” May 1-10).
In terms of returns, the rumours are that original investors (such as Extreme [...]
Crime doesn’t pay
3 May 2010A report in the NY Times today says that stolen/fake Facebook accounts are being sold on exchanges where people trade such things. The asking price for 1,000 accounts with over 10 friends each is apparently $45. Not sure if that’s the ‘no dicker sticker’ price, though.
With 400 million active users this values the whole [...]