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$100 million is not a "buying it for the team" kind of price. This is a pretty small shop and you can hire a lot of top-notch developers for $100 million.

They've gotta be expecting some kind of value out of this. The theory that Microsoft is trying to buy their way into being relevant in the mobile market seems pretty sound, especially based on other announcements, investments and acquisitions they've made recently.

But, yeah, you're probably right about options being a big part of the price, but Microsoft options are still pretty valuable. Almost as good as real money.



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