2 ms·
You "feel sorry" for two people in their mid-twenties who made anywhere from $100M to $400M selling their 15 month old company (while making the other 11 employ
by EpicEng 8y ago
You "feel sorry" for two people in their mid-twenties who made anywhere from $100M to $400M selling their 15 month old company (while making the other 11 employees rich along the way.)
Ok. Beyond that, why do you assume the valuation would be exactly the same had they not sold to FB?
- balls187 8y agoIt was cash & stock deal, so presumably the 100M-400M could be worth more given FB stock price.
- murukesh_s 8y agoyea, nothing to feel sorry about. What could anyone do with a few millions (or billions more) if they are already rich by half a million.. unless you are trying to climb the Forbes leaderboard.
- EpicEng 8y ago>if they are already rich by half a million.. unless you are trying to climb the Forbes leaderboard. That would be half a _billion_ and, generally, I don't "feel bad" for people who don't attain their dream of climbing the Forbes leader board (assuming that is even a goal for these two.)
- xkjkls 8y agoExactly. To be honest Instagram's hypergrowth probably couldn't have been sustained if the company didn't end up getting access to some of Facebook's engineering talent and hiring pipeline. Having 11 people try to manage a site of that scale is just asking them to keep doggypaddling to avoid drowning.