Everybody Has a Price
Fred Wilson is commenting this morning on Jim Breyer’s words at Fortune’s iMeme conference last week on unfounded blogosphere rumors of a multi-billion dollar Facebook acquisition.
Barron’s quotes Breyer, the Facebook director and Accel VC,
Part of it is always price…The company will do well over $100 million in revenue, and profitable, and significant EBITDA positive this year. Right now our job is to build out the company as significantly as possible. In our case, sold best companies too early…sold Perabit to various networking companies, a series of our networking companies that today would have been possible IPO candidates.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in