Google Acquires Omnisio (YC Winter 08) • Hacker News Board

Re: Google Acquires Omnisio (YC Winter 08)

#21

Post by [deleted] » Wed, Jul 30, 2008, 9:25 PM UTC

ajju wrote: post #10

Well done! Knew this would happen the first time I saw how awesome it was. Proof - http://news.ycombinator.com/item?id=169159

[deleted]

Re: Google Acquires Omnisio (YC Winter 08)

#22

Post by beaudeal » Wed, Jul 30, 2008, 9:30 PM UTC

seriously, a huge congratulations to these guys... i remember hearing about them when they first came out, but only got around to using (and loving) the service recently when i watched the startup school presentations on their site...congrats again!

Re: Google Acquires Omnisio (YC Winter 08)

#23

Post by ian » Wed, Jul 30, 2008, 9:35 PM UTC

congratulations!

Re: Google Acquires Omnisio (YC Winter 08)

#24

Post by aschobel » Wed, Jul 30, 2008, 9:44 PM UTC

Congrats guys! Well done!

Re: Google Acquires Omnisio (YC Winter 08)

#25

Post by Baltropreneur » Wed, Jul 30, 2008, 9:46 PM UTC

Congrats..cool tech!

Re: Google Acquires Omnisio (YC Winter 08)

#26

Post by adrianwaj » Wed, Jul 30, 2008, 10:03 PM UTC

Omnisio - used it once and was impressed - viewed videos of speeches and could skip to various pre-determined points, with accompanying slides at left for viewing, and underneath for navigating.

http://omnisio.com/startupschool08

But, if one sells out, the startup never goes on to acquire other companies as seen at Sun, Apple, Amazon, Microsoft, Google etc. Perhaps only early players in any industry or application type can obtain such growth to stave off the gorillas and sharks, and resist the temptation to be acquired in order to vye for a shot at the IPO brass ring.

Re: Google Acquires Omnisio (YC Winter 08)

#27

Post by siculars » Wed, Jul 30, 2008, 10:08 PM UTC

mazal tov!

Re: Google Acquires Omnisio (YC Winter 08)

#28

Post by aston » Wed, Jul 30, 2008, 10:32 PM UTC

markbao wrote: post #19

helveticaman wrote: post #15

Earlier quoted context omitted.

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.

If Techcrunch is right, Chris Sacca was part of a seed round. http://www.crunchbase.com/company/omnisio

Re: Google Acquires Omnisio (YC Winter 08)

#29

Post by matt1 » Wed, Jul 30, 2008, 10:34 PM UTC

markbao wrote: post #19

helveticaman wrote: post #15

Earlier quoted context omitted.

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.

Did they have multiple rounds of funding from YC or did they make it this far on the initial money? Seems hard to believe that could tackle the scaling issues with $10K or $15K

Re: Google Acquires Omnisio (YC Winter 08)

#30

Post by jsmcgd » Wed, Jul 30, 2008, 10:34 PM UTC

matt1 wrote: post #13

Congrats! 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?

This one liquidity event must go a long way to cover all the investments of ycombinator.