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Lance Weatherby
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Mar 15, 2010
The most interesting thing about that post is the discussion about how much the founder owned. $170 million is not a $170 million check to the founder. 20 - 30% seem about right? Chop that by 40 - 50% for taxes. $170 million turns into $20 million. Still a new life.
Take The Money
Big news last week in the world of Internet applications was Mint's acquisition by Intuit for $170 million. It seemed to set off quite the storm. The 37signals blog called it the result of a "VC-induced cancer" to which Fred Wilson responded with his thoughtful post on how exit decisions are ...
Nice write up Dana. Change is always good.
I do take a bit of issue with your statement that "you really can't get a space in the ATDC now unless you know someone."
I am in charge of talking with entrepreneurs that have an interest in joining ATDC and shepherding them through the application process. If anyone has an interest they can reach me at lance@atdc.org.
Georgia Tech Scandal
I got a shock yesterday. An interview with a "local" tech company turned out to be one with a company 3,000 miles away. Appcelerator CEO Jeff Hainey, a veteran Atlanta entrepreneur, told me straight-out he found himself getting more done in a single Mountain View afternoon than he could do in...
Nice write up Dana. Change is always good.
I do take a bit of issue with your statement that "you really can't get a space in the ATDC now unless you know someone."
I am in charge of talking with entrepreneurs that have an interest in joining ATDC and shepherding them through the application process. If anyone has an interest they can reach me at lance@atdc.org.
Georgia Tech Scandal
I got a shock yesterday. An interview with a "local" tech company turned out to be one with a company 3,000 miles away. Appcelerator CEO Jeff Hainey, a veteran Atlanta entrepreneur, told me straight-out he found himself getting more done in a single Mountain View afternoon than he could do in...
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