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Or I suspect a third where the Vespa management team would leave and start their own company that would appreciate at a higher rate than yahoo due to greater gr
by prepend 3y ago
Or I suspect a third where the Vespa management team would leave and start their own company that would appreciate at a higher rate than yahoo due to greater growth potential.
So yahoo spins them out and has their equity grow faster than yahoo stock, or they lose the product to a new competitor.
- fsckboy 3y agoThere's truth in what you say. I was interpreting (without studying closely) the scale of what's happening to be beyond the scale where ICs have significant leverage, so not the startup venture scale but more like B-C round. It's already clear this stuff's going to be big, and the biggest players have the most advantages, it's time to scale, quit, or pray for a proprietary technological breakthrough. But you're right about giving small equity stake holders a more pure play though equity is an expensive way to pay people.