MySpace likes iLike

Not sure what to say about the iLike deal by myspace.  From what I have read, they sold out for about ~$20M.  Venture money sounded like about $15-16M in; not sure whether the upside went to the vcs or the founders – for the founders sake, I hope they got paid out some.  But the employees should at least be safe.

In the techcrunch article on myspace and ilike, one commenter asks the $64M question (possibly more given how much $$ went in) – what does this valuation mean for Slide and RockYou?  I think it torpedoes them.  They should be looking to sell themselves yesterday.

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