http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/ News About Tech, Money and Innovation Tue, 24 Nov 2009 17:36:58 +0000 http://wordpress.org/?v=2.8.5 hourly 1 http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/comment-page-1/#comment-788874 Microsoft buys Danger | kivanmaharaj.com Tue, 12 Feb 2008 20:48:56 +0000 http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/#comment-788874 [...] The acquisition comes after Danger swallowed some $225 million from investors, Om says, though I think that some of that may have been debt because we’ve been told the equity investment was less than that. The company’s chief executive Hank Nothhaft was insisting yesterday that the outcome was a “very, very strong exit” for its backers, and it probably was. The company’s valuation crept up steadily from 2000 from about $27 million to $190 million last year, according to our source. So investors pumping in money at these levels all appear to have done well, even the earliest ones who had their money locked up for eight years (we mentioned the investors in our story yesterday; Mobius, though, was the earliest backer). [...] [...] The acquisition comes after Danger swallowed some $225 million from investors, Om says, though I think that some of that may have been debt because we’ve been told the equity investment was less than that. The company’s chief executive Hank Nothhaft was insisting yesterday that the outcome was a “very, very strong exit” for its backers, and it probably was. The company’s valuation crept up steadily from 2000 from about $27 million to $190 million last year, according to our source. So investors pumping in money at these levels all appear to have done well, even the earliest ones who had their money locked up for eight years (we mentioned the investors in our story yesterday; Mobius, though, was the earliest backer). [...]

]]> http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/comment-page-1/#comment-788664 VentureBeat » Microsoft paid $500 million for Danger, and there’s got to be a reason Tue, 12 Feb 2008 19:26:17 +0000 http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/#comment-788664 [...] The acquisition comes after Danger swallowed some $225 million from investors, Om says, though I think that some of that may have been debt because we’ve been told the equity investment was less than that.  The company’s chief executive Hank Nothhaft was insisting yesterday that the outcome was a “very, very strong exit” for its backers, and it probably was. The company’s valuation crept up steadily from 2000 from about $27 million to $190 million last year, according to our source. So investors pumping in money at these levels all appear to have done well, even the earliest ones who had their money locked up for eight years (we mentioned the investors in our story yesterday; Mobius, though, was the earliest backer). [...] [...] The acquisition comes after Danger swallowed some $225 million from investors, Om says, though I think that some of that may have been debt because we’ve been told the equity investment was less than that.  The company’s chief executive Hank Nothhaft was insisting yesterday that the outcome was a “very, very strong exit” for its backers, and it probably was. The company’s valuation crept up steadily from 2000 from about $27 million to $190 million last year, according to our source. So investors pumping in money at these levels all appear to have done well, even the earliest ones who had their money locked up for eight years (we mentioned the investors in our story yesterday; Mobius, though, was the earliest backer). [...]

]]> http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/comment-page-1/#comment-785752 Bob Mon, 11 Feb 2008 19:47:15 +0000 http://venturebeat.com/2008/02/11/microsoft-gobbles-up-danger-maker-of-the-sidekick-mobile-software/#comment-785752 Wonder if any investors got their money back? Wonder if any investors got their money back?

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