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Google Acquires Omnisio (YC Winter 08)

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Re: Google Acquires Omnisio (YC Winter 08)

#43
post #31
post #28

Earlier quoted context omitted.

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

You're right. Also used CrunchBase as a source, didn't see that it was a dual party round. That's interesting though. Sacca is an Omnisio advisor, and also was the Director of Special Initiatives at Google.

A good example to remember that having on on your side people with the right connections is as valuable as a good product.

Re: Google Acquires Omnisio (YC Winter 08)

#45
post #30
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.

They've had quite a few now. I could imagine YC becoming profitable soon if they are not already.

Re: Google Acquires Omnisio (YC Winter 08)

#47
post #32

I just saw the Omnisios last night, and there wasn't a hint in their manner that this huge news was about to break. Great poker faces guys, and congratulations!

Believe me it was really hard to not tell you guys what was going on... but we were/are bound by some pretty strong NDAs

Re: Google Acquires Omnisio (YC Winter 08)

#48
post #47
post #32

I just saw the Omnisios last night, and there wasn't a hint in their manner that this huge news was about to break. Great poker faces guys, and congratulations!

Believe me it was really hard to not tell you guys what was going on... but we were/are bound by some pretty strong NDAs

No worries, mate!

Re: Google Acquires Omnisio (YC Winter 08)

#49
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