Jellyfish - $50M Deal
A number of reporters have asked me how much I think MSFT paid for Jellyfish. I’ve said $30-50m based on the ROI numbers from one of the investors which were part of the Wisconsin State Journal article: “Initial investors made about 15 times our money in 14 months and second-round participants made about twice their investment.”
Just wanted to point out that the Milwaukee Journal Sentinel said the purchase price was $50m, according to sources familiar with the sale.
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