Meebo raising round, valued up to $250 million. Bear Stearns sold for $236 million » VentureBeat

March 18th, 2008

The headline from VentureBeat captures the spirit of the times just about perfectly.  Meebo, the IM-in-a-browser company that is "starting to focus on making money" is looking to raise a chunk of change at 4x the valuation of its last round and pegs itself as worth a quarter-billion dollars before that happens.

Meanwhile, Bear Stearns earned $233M last year according to its 10-K filing(and $2.3B in 2005 and 2006- oops) and was scooped up by JP Morgan for 1x last year’s earnings. 

It’s going to be a strange year.

Meebo raising round, valued up to $250 million. Bear Stearns sold for $236 million » VentureBeat

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