$50M on a $500M post for Slide.
For sure, not so smart money - unless you can find someone even less smart in turn - but I think this coverage from the NYT may not be much more enlightened:
"It’s yet another startup valuation that takes one’s breath away. Investors are being sold on the idea of social networks as the new operating system and apps-makers like Slide as the next Intuit."
Really, Intuit, really?
2 comments:
The NYT is off-base. I think Slide is going to be the next Google.
The thought of Slide being worth a fraction of that valuation scares me...
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