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If that's the case, why not just pay him $100 million directly and cut out the middlemen?
by donaldc 16y ago
If that's the case, why not just pay him $100 million directly and cut out the middlemen?
- erikpukinskis 16y agoBecause he wants to do another startup, and he owes his investors BIG TIME. Those folks are taking a huge financial hit. He convinces Google to buy the company as a favor to them. If he just dumps the company and takes a huge bonus from Google, he loses a lot of friends, and has a hell of a time getting funding next time. So he's going to do his time at Google. 5 years of startup purgatory. And when he comes out, he'll have a few friends ready to put a couple million behind his next venture.