<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by rodster:
Well, now that you brought it up again ...
There's a lot here we don't know. Twelve million, yes, but what's the split between stock and cash? And how much risk is involved in the seller accepting the performance contingency?
All that aside, even if the deal is half paper and bloated with risk, on the surface it's still $2M per letter. Not a bad day for Mr. Kremen and I bet he wouldn't have done the deal if it was full of potential problems.
I agree, it's surprising the domain didn't go for more but who knows? Couple years from now Kremen may have quite a bit more.
And think of the fun he'll have until then.
</div></BLOCKQUOTE>Party party party.