I wonder what accounts for the gap between this and Neon's $1B price tag. Is the deal structured less favorably for Neon? Does Neon have significantly more revenue?
Seems like Neon raised a lot more venture funding, too.
Value is an intriguing concept. They may not have the revenue to justify their value or maybe they have. The price tag could be the result of an amazing negotiation or could be genuine forward-looking features they had.
Seems like Neon raised a lot more venture funding, too.