11/5 So my friend works @ LinkExchange. Does that mean he's rich now that
M$ bought them for $250M?
\_ If he's the owner of LinkExhange then he's rich
if he's just a worker, unless his boss's willing to give him a raise
he won't be rich. He may even lose his job if M$ decide not to use
the old employees...
\_ If he's the VP there, then he might be rich. If he's a janitor
there, probably not.
\_ my boss (who's the Presid. of that other banner exchange co.)
tells me LE was venture capital funded, so owners will probably
get ~ 40% of that $. It was the venture capitalists who were
probably pushing hard for the sale. Remember... the target is
30 times your initial investment in 5 years if you're a venture
capitalist. -jctwu |
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