9 years ago
4
The Real Reason Excite Turned Down Buying Google For $750,000 In 1999
It’s an infamous story of Internet history as well as business lore, but in 1999, the search engine Excite.com—then running number two to the reigning champion of search in the dot-com era, Yahoo—had the opportunity to purchase Google, the site that would eventually dethrone Yahoo as the king of search, for the low-low price of $750,000.
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Had they bought it, it would still be worth $750k.
Haha exactly or even less. Big companies usually just butcher the things they buy.
Depends on what company. Facebook for example is doing quite fine with their acquisitions.
Yeah but facebook also has great talent and works hard at keeping it that way... They know the value of a good employee.