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temphn | 12 years ago
What Silicon Valley does better than anyone is create
exits. They know how to get people who they have made
money for to turn over a lot of that money to buy the
companies they have invested in. They know how to put on a
show to get a company to an IPO. They know how to go out
and get hundreds of millions of dollars to bridge companies
with 10s of millions in revenues to their IPO and more
importantly to make sure the IPO happens.
This is Mark Cuban. He sold Broadcast.com at the height of the dot com bubble for 6 billion dollars. 520,000 users sold to Yahoo for $11,000 apiece.
adventured|12 years ago