Rumors seem like more than just rumors when they’re printed by the New York Times, don’t they? Well here’s one that you can judge for yourself: Plaxo is for sale. The news comes from people who were “briefed on the [upcoming] auction.”
The company has yet to turn a profit, but seems to think it’s worth $100 million. With 15 million registered users, the company may be being a bit modest with its valuation. Facebook, after all, thinks it’s worth $10B (and that’s on the low side). With just under four times the registered members, a price tag of $2.5B would at least not be the most outlandish thing we’ve ever heard.