DISQUS

Alex Hillman Writes Here: 15 billion freaking dollars?

  • Tom Markiewicz · 2 years ago

    Great analogy! BTW, I'm still waiting for that Gmail IMAP... I look forward to hearing about any issues you run into.

  • Marc · 2 years ago

    Microsoft bought a 16% stake. 240/.16=1500.

  • Alex Hillman · 2 years ago

    No, Marc...it was a 1.6%.


    the $15B VALUATION is an extrapolation of 240,000,000 (note, million) being 1.6% of the total value.


    My simple math (and remember, I suck at math and you are an engineer at Verizon) says that $15,000,000,000 * .016 = $240,000,000.


    But that doesn't mean the numbers are any more effed up. :-)