Agree, and given the standard "liquidity preference", the founders are likely to net $0, except for the Google bonuses for the engineering (Jack Barker-like Rosenthal is not likely to stick there).
It's sad, really. It's one of the really innovative companies, but it's not easy to sell tech ahead of its time. Yet another incident that will encourage to pick copycats over real innovation.
I guess Google is no longer as generous with the acquisitions.
It's sad, really. It's one of the really innovative companies, but it's not easy to sell tech ahead of its time. Yet another incident that will encourage to pick copycats over real innovation.
I guess Google is no longer as generous with the acquisitions.