5 AdMob Questions For Linda Gridley
The whopping $750 million in stock that Google paid for AdMob today is 16 times the $46.8 million in venture capital that the mobile ad network raised. Gridley -- who heads the investment bank Gridley & Co. -- says that although $750 million may be a drop in the bucket for Google, the high price confirms her theory that bubble-like valuations for Internet companies have returned "with a vengeance." (AdMob investor Jim Goetz of Sequoia disagrees with Gridley, by the way -- see my next post). Over the summer Gridley met with more than 150 companies, mostly digital, to ask about their perspectives on deals, and we asked her what she sees coming.
9 November 2009•4 mins read
