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Venmo, a Pick Up by Pay Pal, for 26 Million Dollars
Venmo, a pick up by pay pal in 20 12 for 26 million dollars. Pay pal was recently announced, doing about 300 million in annual revenue. You do the math, and that nets out to market cap contribution within paypell of about two and a half billion dollars. Not bad for buying it for 26 million yed.