Close to the Vest - The search giant's young millionaires are cashing in and checking out(members.forbes.com)
members.forbes.com
Close to the Vest - The search giant's young millionaires are cashing in and checking out
http://members.forbes.com/global/2007/0702/028.html
2 comments
Seems like it would make more sense to do it directly, though, than funnel millions out the door with no return.
A Google investment fund.
A Google investment fund.
Who do you think will end up buying all the successful run-off companies? Its much easier just to pick the winners than mess around with a ton of investments.
Because it costs a billion dollars to buy a YouTube. For that kind of dough you can try out 50,000 Y Combinator companies.
I guess now's a good time if you are looking to join a startup. Just hang outside the googleplex handing out resumes to the guys driving the nicest cars who are leaving the earliest.
I never looked at it this way. If Google is the catalyst of many successful startups in the future, that's also a way to leave an overall positive impact on the world. A surprisingly grown-up way of looking at things.