Feedburner Sale to Google Confirmed 117
Techdirt is reporting that the rumored sale of Feedburner to Google has been confirmed. "Feedburner is in the closing stages of being acquired by Google for around $100 million. The deal is all cash and mostly upfront, according to our source, although the founders will be locked in for a couple of years."
Eat my dirt, techcrunch! (Score:4, Informative)
http://www.techdirt.com/search.php?q=feedburner [techdirt.com]
So I'm betting scuttlemonkey typo'ed it, and it's actualy techcrunch, as the link says.
Please correct the summary.
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Eat my dirt.
Re:VCs have changed? (Score:5, Informative)
I was at a startup for 4 years that just sold last year for 165M... w/ 60M in VC money. The early investors got 3X the late got 1.5X but at a better pricepoint (they could buy more). First round was 15M, second was 30M, 3rd was 15M. I made 8.5K via options exercised as a lowly employee on a 1.5k pricepoint (0.15 per share, 9650 shares approx) but VCs got 3x that on average with several million shares each at different prices.
Re:Beats the fuck outta me (Score:2, Informative)
Re:what exactly does feedburner do? (Score:3, Informative)
RSS for quick summaries and checking updates (Score:5, Informative)
Another way of thinking about it is for sites that don't change much. Imagine I have 50 friends who have websites that I want to check. Most of my friends only update their pages a couple times a month, but that means that on average, two sites are updated a day. I don't want to load them all every day, only when they change and RSS gives me the ability to know when they have changed.
5 years ago, I could surf for hours at a time. Now, I have read all the aritcles I want in about 30 minutes a day and still keep up with stuff just as much.
Google's brand alone does it (Score:3, Informative)
Re:Why bother? (Score:3, Informative)
Instead, they acted like fools, and blew their lead. So don't assume that because the last player who tried to be dominant mistook the game for the special olympics and got beat down, that the next competitor won't learn from their mistakes.