I 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 bac

I 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.