Tuesday, September 13, 2011

Why Dave Morin Turned Down Google's $100 million offer for Path

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Dave Morin was a former Facebook employee who set out to create a smaller social network, Path.
He launched it in November, 2010. Three months later, Morin turned down a $100 million buyout offer plus a $25 million earn out over four years from Google.
The move shocked a lot of people. How could a young founder walk away from so much money after only spending three months on the product?

Posted via email from Inspiration

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