Tuesday 23 August 2011

No, Skype Did Not Buy GroupMe For $85 Million

Year-old New York startup GroupMe spent yesterday doing a victory lap. It reportedly sold to Skype for $85 million. TechCrunch's Mike Arrington says that number is wrong.  According to his sources, Skype paid $43 million upfront for the group messaging startup.  Over four years, through earnouts ...

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