VCs may not have had a say - which has become more common, esp after only a single round.
Rackspace don't really do inflated acquisitions - they paid $18M for Slicehost and Jungledisk (combined). Cloudkick raised $2M back in April, so you would think that the price would be more around $15-20M.
Either way, congratulations to the team, RS and to YC. CK is a great product.
Comments
VCs may not have had a say - which has become more common, esp after only a single round.
Rackspace don't really do inflated acquisitions - they paid $18M for Slicehost and Jungledisk (combined). Cloudkick raised $2M back in April, so you would think that the price would be more around $15-20M.
Either way, congratulations to the team, RS and to YC. CK is a great product.
I am going to guess 30m, give or take a few bucks.