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Another Former $2-Billion Startup Gets Rolled Up

By: capt_nemo in POPE IV | Recommend this post (3)
Sun, 23 Jul 17 11:32 AM | 56 view(s)
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Msg. 29677 of 47202
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Investors who bought the hype are left holding the bag.

Ad-buying software company Rocket Fuel â€“ â€œa predictive marketing platform,â€ it calls itself â€“ announced on Tuesday that it was acquired for $2.60 a share. Including the assumption of debt, it makes for a deal value of $145 million. Down from $2 billion at its peak one month after the IPO.

http://wolfstreet.com/2017/07/19/rocket-fuel-2-billion-ad-tech-startup-rolled-up-sizmek/

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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