🐝Reality Check: Honey🐝
Paypal Inc. ($PYPL) made a big splash this week when it agreed to a $4b cash and stock acquisition of Honey, an LA-based deal-finding browser extension and mobile app. Yes, $4 BILLION. The company had only raised $49mm in funding soooooo…a lot of people just made one crazy return on investment.
Speaking of crazy, the company reportedly made “more than $1…