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Keep in mind that two of the co-founders are Dave Morin and Shawn Fanning. The former likely made many millions (real and paper money I'd think) as manager for

Keep in mind that two of the co-founders are Dave Morin and Shawn Fanning. The former likely made many millions (real and paper money I'd think) as manager for the Facebook platform/Facebook Connect, the latter made many millions from Napster. So, even though this offer and this decision both leave me a bit shocked, they already have the nice job and the resources they want. (office close to the bay, downtown San Francisco/SoMA is also nicer than the drive down to Mountain View)

robryan 16y ago
It does seem that the cofounders, as well as the simple domain name are a big part of the reason they can get an offer like this. It does seem though there are a heap of services out there doing basically the same thing and tweaking the parameters a bit, like the friends list size, sure they could end up quiet successful but it's a big gamble I guess only those already financially secure could afford to take. It does matter a bit about the terms to, who knows, maybe Google wanted to roll it into their upcoming offering instead of having it as a standalone which would be a deal break for those heavily invested in their concept.