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Monday, September 17, 2012

Failure is a feature: how Google stays sharp gobbling up startups | The Verge

Nice. "Perhaps the most striking fact touted by the Google? In Silicon Valley, the natural order for founders who are acquired is to work in a company for a short period of time while their stock options vest, then leave to start something new. "Holding onto a founder for a year is considered an accomplishment," says venture capitalist David Packman. Yet according to David Lawee, who runs the company’s M&A department, founders from nearly two thirds of the startups acquired by Google are still with the company. " via Posterous

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