Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million
Gust
NOVEMBER 4, 2011
This discussion expands on my Quora answer to a specific question: β Why were the stock options of MySpace employees worthless even though the company was sold to News Corporation for hundreds of millions? β The complete story includes a startup-within-a-startup, investments and exits by two VC firms, and some genuine corporate drama.
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