Is Waze Worth The Drama?
by Proprietary Trading
(click to enlarge)
A couple weeks ago Google (GOOG) spent north of $1 Billion dollars to acquire Israeli mapping start-up, Waze. This deal received a lot of mixed reviews, especially due to the price Google paid for the company. What Google paid for Waze seems to be a lot of cash from its books, especially for a company with little revenue. This is something shareholders should be a little worried about; however, Google could once again prove why it is the smartest tech firm in the world. read more »
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