I guess it really depends. I, personally, would never see a 300 million plus exit as a shitty deal, however they could have been the next $n billion dollar IPO.
My guess is that they haven't acquired it yet since the deal isn't closed. The deal was also pre-IPO, so I believe they'd be subject to the same freeze.
Comments
Why do you think this will end up being a shitty deal for Instagram?
I guess it really depends. I, personally, would never see a 300 million plus exit as a shitty deal, however they could have been the next $n billion dollar IPO.
My guess would be the ever-declining value of FB stock.
I assume they sold it right away, though I guess there's no way to know.
My guess is that they haven't acquired it yet since the deal isn't closed. The deal was also pre-IPO, so I believe they'd be subject to the same freeze.
I'd sell right away, even only 300 million is better than the nothing instagram has made since it was created.