The Compaq Takeover - Deepstash
The Compaq Takeover

The Compaq Takeover

  • Zip2 saw a considerable growth opportunity when, in February 1999, PC-maker Compaq Computer offered $307 million in cash for the company.
  • Elon did not even have to think about selling his share. He already had several other projects in mind, and this money would help make those dreams a reality. Instead of sitting on the sidelines, Elon wanted to become a CEO who was heavily involved in the company’s decision making.

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