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Thursday, November 10, 2005

The Venture Capital Squeeze: "Of course, Google has an advantage in buying startups: a lot of the people there are rich, or expect to be when their options vest. Ordinary employees find it very hard to recommend an acquisition; it's just too annoying to see a bunch of twenty year olds get rich when you're still working for salary. Even if it's the right thing for your company to do."

Ouch. ...but Damn this guy is smart.

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