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Mar 18 2008 12:00am EDT
Commentary on Our Times: Meebo Worth More than Bear Stearns?
As the headline in VentureBeat points out, instant messaging Web site Meebo -- which has yet to prove it has a way to make much money -- is trying to raise a round of financing that would value the company at $200 million to $250 million.
JP Morgan Chase is rescuing investment banking giant Bear Stearns, paying $236 million.
How crazy is that?
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