Tuesday, July 14, 2009

For ManiaTV, a second attempt to be the next Viacom - Bits Blog - NYTimes.com

As we get further into the deep recession, there is particular sort of deal we’re going to see more of: baby buybacks. That’s when an entrepreneur who sells all or part of his company buys it back after the new owners abandon hope.

This happened several times in the last dot-com crash, and it’s happening again. The founders of StumbleUpon have purchased it back from eBay, and the creators of Skype are said to be thinking of doing the same...