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    Laid-Off Conde Nasties: Armed and Dangerous

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    read more: #deals, #danger, #microsoft, #smartphones, #venturecapital, #wireless, #valleywag

    Double your money

    Microsoft paid $500 million for Danger Research, maker of the popular Sidekick smartphone. Which sounds impressive, until you learn that investors poured $225 million into the company. 2x returns are not the kind of deals that line Sand Hill Road with Beemers. [GigaOm]


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