Sure, I wasn't implying eBay overpaid by 80x but 79 million dollars is a lot of product development once you've paid 1 million for a proven state of the art proof of concept.
Obviously eBay must see other reasons for the acquisition than just the tech itself.
Also, if it's also in large part a talent acquisition then they're going to paying more than 80 million since they're going to need to pay for some new pairs of golden handcuffs to keep the talent around.
Comments
Sure, I wasn't implying eBay overpaid by 80x but 79 million dollars is a lot of product development once you've paid 1 million for a proven state of the art proof of concept.
Obviously eBay must see other reasons for the acquisition than just the tech itself.
Also, if it's also in large part a talent acquisition then they're going to paying more than 80 million since they're going to need to pay for some new pairs of golden handcuffs to keep the talent around.