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So much for the $200MM they were trying to pass it off for less than five months ago. [1]

I don't know their numbers, but doesn't it seem likely that 35 is less than 1x revenue?

[1] http://www.bloomberg.com/news/2011-02-04/news-corp-may-get-2...




That $200MM figure came from MocoSpace, a "potential" buyer, not from MySpace. But I don't think MocoSpace's offer was more than an attempt to grab attention for itself, which means it was to their benefit to quote a large number.

From https://allthingsd.com/20110210/myspace-is-certainly-for-sal... , "... the look-at-me attempt to suck up some attention from the media was riveting and appalling at the same time."

If I put out a press release saying I'd like to buy Facebook for a trillion dollars -- you know, to impress a girl -- it wouldn't be fair to turn that into a claim that Facebook now thinks it's worth a trillion dollars.




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