Re:Mark Cuban says studying philosophy may soon be worth mor...
by adventured on Saturday February 24, 2018 @01:04AM
(#16451987)
Broadcast.com had $100m in revenue for fiscal 1999. Maybe that's what you were thinking of.
Cuban's position was worth more on paper at its peak before the Yahoo acquisition. Broadcast.com was acquired for $130 per share, the high that year before the acquisition, was $144 per share.
Prior to the acquisition, the stock was trading at $118. Yahoo only paid a 10% premium. Cuban was worth over a billion dollars before the acquisition.
Cuban's position was worth more on paper at its peak before the Yahoo acquisition. Broadcast.com was acquired for $130 per share, the high that year before the acquisition, was $144 per share.
Prior to the acquisition, the stock was trading at $118. Yahoo only paid a 10% premium. Cuban was worth over a billion dollars before the acquisition.
https://www.cnet.com/news/yahoo-broadcast-com-sizzle-after-d...