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Isn't that kind of the goal? They get the talent that could build great companies on their own, and if that talent is interested in the same areas they are, th
by tylerfoster 10y ago
Isn't that kind of the goal?
They get the talent that could build great companies on their own, and if that talent is interested in the same areas they are, they lower the risk that talent will end up building successfully competition.
If the markets are worth winning, the difference of a $50K * team size doesn't really matter in the big picture.
At the same time, by driving up the ante, if an area they're not paying attention to does get traction, to get to a successful exit there's a higher likelihood that the startups will need VC capital only the likes of Google Ventures and similar corporate venturing funds can provide.
Seems like a solid strategy to me.