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"... I have no idea what the purchase price was, but let's take a wild-assed guess and say both founders made $1 million in Google stock. They ended up with job
by bootload 19y ago
"... I have no idea what the purchase price was, but let's take a wild-assed guess and say both founders made $1 million in Google stock. They ended up with jobs at Google, which is probably the best of the big technology companies to work at, plus the chance to see the stuff they'd developed used by millions of people as an eventual component of GDocs. So on the whole ..."
I also couldn't understand the point of the article. Certainly getting bought out to make your product work is better than A) dying a slow death B) being beaten to the punch by google C) being bought out by Microsoft and having to work there.
"... I think they did pretty well for 6 months of work, and fairly limited risk. ..."
I don't think so. They sacrificed 3mths work. One also had a newborn. For their spouses this is no holiday. Indeed they are taking risks here. The ones left behind are picking up a lot of slack.
- neilc 19y agoI didn't mean to suggest they didn't take risks -- of course a startup involves some degree of risk. My point was just that selling out to Google involved significantly less risk than trying to continue as an independent startup.
- bootload 19y ago"... My point was just that selling out to Google involved significantly less risk than trying to continue as an independent startup ..." I'd agree with that. An exit strategy with google is better risk.