Google Paid $179 Million In Cash For Slide.com

Discussion in 'Google' started by nickerlist, Oct 29, 2010.

  1. #1
    [​IMG][​IMG]

    Google (NSDQ: GOOG) paid $179 million in cash to buy social app maker Slide in August, according to the company’s quarterly filing with the SEC. Previous reports put the price tag as high as $229 million. The actual price is a steep discount to the $550 million valuation put on the company when it raised $50 million in a fourth round of funding in January 2008.


    The filing also puts a new price tag on Google’s acquisition spree to date. The company says it has now spent $626 million on 37 acquisitions during the first nine months of the year, on top of its purchases of Slide, AdMob, and On2. The number of purchases is significantly more than had been previously reported. As of late August, for instance, we had counted 25 Google acquisitions over the entire previous year.
     
    nickerlist, Oct 29, 2010 IP
  2. mchrest

    mchrest Active Member

    Messages:
    465
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    90
    #2
    Hm wish i owned a piece of that
     
    mchrest, Oct 29, 2010 IP
  3. nickerlist

    nickerlist Peon

    Messages:
    112
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    who wouldn't!!
     
    nickerlist, Oct 29, 2010 IP
  4. Laceygirl

    Laceygirl Notable Member

    Messages:
    4,617
    Likes Received:
    188
    Best Answers:
    1
    Trophy Points:
    250
    #4
    No, I'm pretty sure it was made using a certified cheque and not cash.
     
    Laceygirl, Oct 29, 2010 IP
  5. craig105

    craig105 Well-Known Member

    Messages:
    877
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    138
    #5
    Yeah doubt they paid all that in cash lol
     
    craig105, Oct 29, 2010 IP
  6. jivens

    jivens Peon

    Messages:
    254
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #6
    lol thats a lot of briefcases!
     
    jivens, Oct 29, 2010 IP
  7. nickerlist

    nickerlist Peon

    Messages:
    112
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #7
    HAhaha yeah
     
    nickerlist, Oct 29, 2010 IP
  8. nickerlist

    nickerlist Peon

    Messages:
    112
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    THats just what i thought!
     
    nickerlist, Oct 29, 2010 IP
  9. kittyluver

    kittyluver Notable Member

    Messages:
    6,812
    Likes Received:
    222
    Best Answers:
    0
    Trophy Points:
    263
    #9
    Nowadays Google is following the Microsoft trend. (Buying the popular things instead of creating the same)
     
    kittyluver, Oct 29, 2010 IP
  10. jam2320

    jam2320 Member

    Messages:
    116
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    26
    #10
    That's crazy. What are the rest of us doing?
     
    jam2320, Oct 29, 2010 IP
  11. nickerlist

    nickerlist Peon

    Messages:
    112
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #11
    You got that right, people struggle to get $1,000 a month but Google gives 179,000,000 for a site
     
    nickerlist, Oct 29, 2010 IP
  12. Noseflex

    Noseflex Peon

    Messages:
    114
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #12
    Nice one. I can make good use of $179 million now if Google wanna buy any one of my websites :p
     
    Noseflex, Oct 29, 2010 IP
  13. nickerlist

    nickerlist Peon

    Messages:
    112
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #13
    LOL im up for that too
     
    nickerlist, Oct 29, 2010 IP
  14. timeclicks

    timeclicks Well-Known Member

    Messages:
    369
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    110
    #14
    its good to be true google can afford to pay millions to single website , thats y people call google big daddy
     
    timeclicks, Oct 29, 2010 IP
  15. sachin.coolboy

    sachin.coolboy Peon

    Messages:
    75
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #15
    nice...... this is amazing
     
    sachin.coolboy, Oct 29, 2010 IP
  16. sweta.singh.98

    sweta.singh.98 Guest

    Messages:
    628
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #16
    Slide.com is such a nice website .... i have used its app it is very nice :)
     
    sweta.singh.98, Oct 29, 2010 IP