Amazon reportedly paid $150 million for Goodreads
Yesterday, it was announced that Amazon had purchased popular book review/recommendation social network, Goodreads. As usual, the financials of the deal weren't announced, but of course that won't stop the estimations from starting. We saw a pretty ridiculous estimation from Bloomberg, but a far more reasonable one has come from those "close to the deal" according to AllThingsD.
Bloomberg Businessweek somehow estimated that Goodreads was worth $55 per user (Twitter has been valued at $50 per user, and Facebook at about $58), then decided it was a good idea to round up from $880 million to a cool billion dollars. That was pretty absurd, so we didn't want to report it until something reasonable came around.