The Model Room ยท MR-042
He Recommended Paying $8.5 Billion. His Own Team Said It Was Worth $3 Billion.
In 2011, a technology executive recommended acquiring a video-calling startup for $8.5 billion, despite internal estimates valuing it at only $3 billion. This acquisition, the largest in the company's history, ultimately led to the product's folded integration into a broader communications platform.
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