Mike's random thoughts and ramblings

Counterpane Fire Sale

Everybody is talking today about the Counterpane acquisition. What nobody seems to be talking about is the price and how brutally bad a deal this was for Counterpane.

The speculation has this deal at about $40M USD - this is put in perspective by the fact that Counterpane took in rounds of $20 million and $24 million in just two rounds of venture capital.

It's clear that this was a fire sale of the highest order - it's pretty likely that the employees saw absolutely nothing out of this deal.

Share this post

About the author

Michael Murray

Michael Murray