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Facebook Offered to Buy Scvngr for $80M: Could Have Powered Facebook Deals

36 pointsby sliggityover 13 years ago

4 comments

0x12over 13 years ago
Unconfirmed, that doesn't amount to much. And if true and they said 'no' they must have had their reasons, it all depends on the total package, not just on the amount. It most likely wasn't 80 million in cash, no strings attached.
adelevieover 13 years ago
If true, it would have been a major exit for DreamIt.<p>Assuming DreamIt's stake was diluted to 2%, that'd be $1.6 million from a $~20,000 investment.
ja27over 13 years ago
I wonder how many actual active users they have. I know I downloaded their apps and did a couple activities but quit pretty quickly. Also, I originally tried them based on a piece of print advertising I saw somewhere, which makes me think they are spending a lot per user acquired.
jsavimbiover 13 years ago
If true, they should've taken the money. I don't see much coming from that Scvngr team other than marketing themselves as the next ___ for ___.
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