4 ms·
Well, I think everyone kind of breaks down with their "morals" or idealistic visions when presented with the word "billion". E.g. see Occulus Rift founder Palme
by selmnoo 12y ago
Well, I think everyone kind of breaks down with their "morals" or idealistic visions when presented with the word "billion". E.g. see Occulus Rift founder Palmer Lucey's posts on Reddit from years ago claiming he will never sell the company under any condition.
But a quick offer with a billion was made and just like that Oculus was Facebook's.
- EGreg 12y agoYou know what's cooler than a billion dollars? Tens of millions and being in charge of a company that improves lives for millions of people around the world in a way you'd love to keep heading up.
- alttab 12y agoYeah, but who needs to be cool when you have a billion dollars?
- weego 12y agoWith puppies and kittens, and everyone has rainbow coloured cotton candy whenever they want. Wake up. You don't get to do any of that when your board is stacked with VCs.
- EGreg 12y agoWho says you need to get VC? First of all JOBS act Title 3 lets you do crowdfunding. And meanwhile there are old school alternatives: Banks (older school than VC) Actual profits (probably even older school) Broker dealers (crowdfunding before there was crowdfunding)
- dhagz 12y agoThe problem is, Inbox already has a BUNCH of VC's behind it. Which means a lot of people only worried about making money on the board. Unless the founders collectively agree they won't sell the company and also have a majority of shares in the company, the first big tech company that comes knocking with an offer will treated like the second coming.