CB Insights

OCTOBER 29, 2018

That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. And in the short-term, that would have looked like a good deal, as the social media site hit its peak in 2007 at a value of about $12B. Date: September 3, 2001. HP and Compaq.

Google 76

Google Software Innovation Company 76

CB Insights

MAY 1, 2018

While still in operation, Google+ is hardly anybody’s favorite social network. eVilla, Sony (2001). Aztek, Pontiac (2001). Wave was an ambitious platform designed to keep people connected as a combination text and social media platform. Crystal Pepsi, Pepsi (1992). Only 42,000-100,000 units were sold.

Innovation 78

Innovation Google Apple Video 78

CB Insights

NOVEMBER 16, 2017

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. Both Lefkofsky (with Groupon) and Kleiner Perkins (with Cerent) were able to win so big in part because they had hands-on operational roles in their investments. When Snap Inc.

Lending 78

Lending Capital Company Google 78