Tuesday, June 29, 2004

Evil

BACK!

The bubble is back, baby! I saw in the news that some company went and bought SBI.Razorfish for $160 million in cash and notes. Consider that when SBI bought Razorfish back in late 2002, the price was only $8.2 million. 20x bump in valuation... not bad. Also recall that SBI.Razorfish additionally includes the assets of Scient (HAHAHA!) and iXL.