Good Financial Analysis of MySpace Deal

For a thorough analysis of venture returns from the MySpace acquisition, look no further than Bill Burnham’s site. The gist: VantagePoint and RedPoint both did well, with the former earning as much as $139mm, or 9x invested capital, in less than two years. Darn impressive.

Related posts:

  1. Good-bye and Thanks for All the Carried Interest
  2. Ding-Dong, the Deal Flow Model is Dead
  3. Good Management: Many Happy Returns(?)
  4. Great vs. Good vs. Bad VCs
  5. Howard Anderson on Software: There Are No Good Investments

Comments

  1. That’s one way of looking at it.
    Another way of looking at it is Rupert Murdoch paid $430 million for two guys and an adaware outfit.
    http://www.corante.com/mooreslore/archives/2005/07/21/lazy_reporter_calls_reporter_lazy.php

  2. Paul K. says:

    … And if that’s the case, then I need to start me an adware outfit!
    More seriously, I don’t disagree that there isn’t very much there when it comes at MySpace, but I’m more interested in the effect this kind of financing has on we venture folks. We get torn between greed and skepticism, and it’s fun watching the effect.