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September 4, 2015 09:18 pm GMT
So much for that IPO, I suppose.Good Technology, a long-time IPO candidate with reams of public financial data, was snapped up by BlackBerry this morning for $425 million. You might think that the number isn’t too bad. It is: The company raised $291 million from investors. So its sale is nearly certainly a down-exit, compared to its late private valuations. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/M-_a_rlfUho/
A Few Thoughts On The BlackBerry-Good Technology Deal
So much for that IPO, I suppose.Good Technology, a long-time IPO candidate with reams of public financial data, was snapped up by BlackBerry this morning for $425 million. You might think that the number isn’t too bad. It is: The company raised $291 million from investors. So its sale is nearly certainly a down-exit, compared to its late private valuations. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/M-_a_rlfUho/
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