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The announcement doesn't actually say that Google bought them. It just says that the Bump team is joining Google.
by eigenvector 13y ago
The announcement doesn't actually say that Google bought them. It just says that the Bump team is joining Google.
- yapcguy 13y agoI wish we could have more detail on these kind of transactions. Someone glancing at the headline would assume this was a successful exist for a YCombinator backed company. However, perhaps any remaining cash was returned to the original investors, less costs of liquidation, and any assets were "sold" to Google for $1 with some of the development team moving to Google as temporary contractors or probationary hires, rather than immediate permanent hires.