4 ms·
Wow, if Google did not acquire Milk outright I wonder what type of deal was worked out with the investors? There would have to be some type of upside for them o
by kenrikm 15y ago
Wow, if Google did not acquire Milk outright I wonder what type of deal was worked out with the investors? There would have to be some type of upside for them otherwise KR's reputation would be seriously tarnished. "Sorry guys, remember that money you gave me to start a company?. Well no more company and I'm off to bigger and better things, K tnx Bye"
- k-mcgrady 15y agoI would guess that they just paid off the investors. It was only $1.7m and Google Ventures was one of the investors anyway.
- kenrikm 15y agoWell they would still need to have seen the returns they expected (or were happy with) since the money did not come out of the funds just to get "Put back" without any upside. Speculation: 3-4 million payoff Google "we don't need the company just shut it down and come to work"
- k-mcgrady 15y agoTechCrunch is reporting that Google paid $15-30m for it.
- speg 15y agoTechCrunch says $15-$30 million.