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Acquired

Microsoft Volume II

14591.3 - 14615.809 Bill Gates

So that is 2.3% of the company. You're willing to give up 2.3% of your company for some particular bet. I actually think that's a very reasonable way to think about this, Aquantive, Skype, which we didn't talk about, which actually was a pretty good deal, especially because of the tax treatment, Yahoo, Facebook. You should think of these things as a percentage of market cap.

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