Now that's a good acquisition. Omnisio was very cool. Could slideshare be next?
Google Acquires Omnisio (YC Winter 08)
11–20 of 51 posts
Re: Google Acquires Omnisio (YC Winter 08)
#12Wow, this is really good news. Omnisio, how long did it take you from the inception of the idea to selling it?
Why did Google/Youtube spend $15mil acquiring the company instead of creating a similar service? I think more than the technology itself, Google would like to hire the Omnisio team.
Re: Google Acquires Omnisio (YC Winter 08)
#13Congrats!
Just for my education: say that TechCrunch is correct and they did sell for $15 million and that YC took 6% equity in the company. Does that mean that that YC gets a $900,000 payday too? Or is it more complicated than that?
Re: Google Acquires Omnisio (YC Winter 08)
#14many many kudos
Re: Google Acquires Omnisio (YC Winter 08)
#15Congrats! Just for my education: say that TechCrunch is correct and they did sell for $15 million and that YC took 6% equity in the company. Does that mean that that YC gets a $900,000 payday too? Or is it more complicated than that?
Unless Omnisio got other sources of funding. That also takes taxes out of the picture.
Re: Google Acquires Omnisio (YC Winter 08)
#16Wow! That is awesome... they're like what 14 months old? So awesome.
Re: Google Acquires Omnisio (YC Winter 08)
#17wow! congratulations omnisio team!
Re: Google Acquires Omnisio (YC Winter 08)
#18As I read this I happen to be listening to a selection of songs I put together using Omnisio. Great Guys.
Re: Google Acquires Omnisio (YC Winter 08)
#19Congrats! Just for my education: say that TechCrunch is correct and they did sell for $15 million and that YC took 6% equity in the company. Does that mean that that YC gets a $900,000 payday too? Or is it more complicated than that?
Unless Omnisio got other sources of funding. That also takes taxes out of the picture.
Omnisio only had funding from YC, no other funding rounds.
Re: Google Acquires Omnisio (YC Winter 08)
#20Wow, this is really good news. Omnisio, how long did it take you from the inception of the idea to selling it? Why did Google/Youtube spend $15mil acquiring the company instead of creating a similar service? I think more than the technology itself, Google would like to hire the Omnisio team.
This is about 10 months from when they started.