Thursday, April 12, 2012

The New Economy Makes My Eyes Cross

Company With ZERO Revenue
Sells For $1,000,000,000.00 !!

A twelve person company that started in October of 2010 supplying an app which allows for simple photo editing and photo sharing now has 30,000,000 users worldwide. They do not charge anything for their product or service, yet Facebook sees a One Billion Dollar value in the company and recently bought them in a cash and stock deal.

So, if you think you have a great idea for an 'app' no one has thought about, you could be on your way to being the next billionaire!


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