Photo: Dan Frommer, Business Insider
TechCrunch’s Mike Arrington says that number is wrong. According to his sources, Skype paid $43 million upfront for the group messaging startup. Over four years, through earnouts, it could pay up to $68 million for GroupMe.Of course, Arrington could just be throwing out a range to bait GroupMe into commenting. Right now, the startup is being tight-lipped.
Either way, it’s a big win for the founders and investors who put $11.5 million into GroupMe less than one year ago.