Berkeley CSUA MOTD:Entry 14919
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2018/11/14 [General] UID:1000 Activity:popular
11/14   

1998/11/6-8 [Finance, Industry/Startup, Finance/Investment] UID:14919 Activity:nil
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
2018/11/14 [General] UID:1000 Activity:popular
11/14   

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