Quote:
Originally Posted by Hobbsy
Yeah, incredible sums - completely ridiculous and i just cant see how it can ever recoup that sort of investment.
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Don't know the details so I am shooting darts here ...
... It may not be the site that has any value, but the technology.
Not too long ago 3M purchased one of my competitors; a small and less significant competitor. Price tag 4 times normal earning multiplication factor in our business.
Within 6 months the company was shut down with no trace of it ever existing .... except ... they owned a technology that was hardly marketable in our industry, but it was of huge value to 3M.