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First, you have to remember that Brin and Page had done a fair bit of work before incorporating. But I think your statement kind of proves my point. In hindsi
by kenjackson 16y ago
First, you have to remember that Brin and Page had done a fair bit of work before incorporating. But I think your statement kind of proves my point. In hindsight it seems obvious, right? But for Brin and Page, who were there at the time, they were willing to sell the company for $750k -- and their offer was turned down. Clearly they didn't see the company would be worth billions in just a few years.
So there was a period of time they viewed the company as a mediocre investment. And at this point they were just Ramen profitable. But they powered through it, and legend has it, that it was one of the Yahoo co-founders that helped convince them to really make a run of it.
My point, what others may look at and call "mediocrity" and say they won't pay $750k for today, may end up in a few years being the fastest growing company in the history of the world.