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The examples discussed in the article are in the 1-2 figures $millions range. The Tumblr deal is two orders of magnitude of that. The article is perfectly just
by mseebach 13y ago
The examples discussed in the article are in the 1-2 figures $millions range. The Tumblr deal is two orders of magnitude of that.
The article is perfectly justified in asking that question of those acquisitions - I have no idea how much cash the Flickr founders walked off with in the end (after VC and early employees got their shares), but there's a reasonable scenario in which they would have made it much bigger on their own.
- fifthcolumnist 13y agoExactly. You have to look at your current income, expected future income, and what you would do after a sale. Could you catch lightning in a bottle again? How long would that take? Would you be OK going back to being just an employee somewhere? It may sound kind of odd, but a low million(s) isn't nescesarily a lot of money if you intent on retiring in a certain lifestyle.