Google closed 40 Acquistions this year, 37 of which under $17M on average

Re:Google closed 40 Acquistions this year, 37 of which under... by waxman on Sunday October 31, 2010 @08:42AM (#1853174)

Not really. For VC's perhaps that is the case, but for angels: $1 MM raised at a $3 MM pre, 2.5 years of work, and a (let's say) $12 MM median sale price? I think everyone is decently happy.

This model fits with the ever-shrinking capital requirements to launch a tech company. Conversely, portfolio strategies that rely on huge exits (and huge investments) are increasingly threatened.

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Re:Google closed 40 Acquistions this year, 37 of which under... by marclove on Sunday October 31, 2010 @06:52PM (#1854628)

$1M at a $3M pre with a $12M acquisition means I'm getting a 3X return on my investment. Now that's certainly better than losing it altogether, but I think almost all angels would admit they'd be pretty disappointed in that outcome.

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Re:Google closed 40 Acquistions this year, 37 of which under... by timcederman on Sunday October 31, 2010 @12:22PM (#1853519)

But if $12 MM is the median sale price, then the risk no longer makes it worth it, especially with so many >= $5m valuations at the moment.

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