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Holtzbrinck buys StudiVZ for 100 Mio €

January 3rd, 2007 · No Comments

Just got the scoop via SPIEGEL (German).
Firstly - Congrats, Ehssan. I guess this kind of money soothes the pain caused by the recent bad press you got.

With the given userbase / acquisition price ratio, each profile got a valuation of 100 €.

Given that there are a lot of dead / fake accounts, the valuation of a real profile is probably even higher.

I’ll blog more about this in the next hours…

UPDATE: The initial rumours re: the acquisition price have not been confirmed by StudiVZ or Holtzbrinck. Seems like the deal went down for less.
Strikes me as funny that this doesn’t play any role in the anglo-saxon blogosphere - no mention on Techcrunch or any other major startup news source. Was it the same with OpenBC’s IPO?

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