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View Full Version : ITV in £25m Friends Reunited sale

dvtimes
08-06-09, 12:14 PM
http://news.bbc.co.uk/1/hi/business/8186840.stm
SimonQuinlank
08-06-09, 12:25 PM
Bought for 175mill and sold for 25mill

Guess it goes to show online businesses have also to be built on a little more than hype. They actually need to make money :noway2:
strictlybroadband
08-06-09, 01:10 PM
Bought for 175mill and sold for 25mill

Guess it goes to show online businesses have also to be built on a little more than hype. They actually need to make money :noway2:

You'd think so, but investors keep making the same mistake for fear of missing the next bit thing... Youtube, Twitter, ...
psl
08-06-09, 01:23 PM
You'd think so, but investors keep making the same mistake for fear of missing the next bit thing... Youtube, Twitter, ...

very true and now Spotify with a further $50 mill or so.
S.D.
08-06-09, 01:36 PM
You'd think so, but investors keep making the same mistake for fear of missing the next bit thing... Youtube, Twitter, ...

Same can be said too for Adult webmasters IMHO.

:)
xcite-tv
08-06-09, 09:33 PM
You'd think so, but investors keep making the same mistake for fear of missing the next bit thing... Youtube, Twitter, ...VOD sites


Will they ever learn
Bernice
08-06-09, 11:26 PM
Nope they wont ever learn - its human nature. Been seing this shit since Boo.com went bust - waaaaaaaaay back.