| Google, John Doerr and Segway
the best venture investment ever made? |
Shak
msg:1237499 | 6:57 pm on May 4, 2004 (gmt 0) |
| It saves Doerr because he once pledged that his other investment, into the Segway scooter, would be the fastest company to reach $1 billion in sales. These days, that's looking less likely. With Google, it's easier to forget that episode. |
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[siliconvalley.com...] an interesting article Shak
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gopi
msg:1237500 | 8:52 pm on May 4, 2004 (gmt 0) |
>> It saves Doerr because he once pledged that his other investment, into the Segway scooter, would be the fastest company to reach $1 billion in sales. Lesson for Doerr: Dont ever underestimate the diffculty involed in changing people's behaviour ... The biggest winner in this deal after the founders and Schmidt is Ram Shriram - WOW , a mere 300k investment in 1998 is 600 million now ...
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gopi
msg:1237501 | 3:48 am on May 5, 2004 (gmt 0) |
>> First, Google is, by many accounts, the fastest company to have reached $1 billion in sales ever Until now i thought Cisco is the one with this record. hmmm ...
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aravindgp
msg:1237502 | 9:31 am on May 5, 2004 (gmt 0) |
1 billion in Sales mean , adwords accounts , froogle etc. .. or is the revenue generated from advertisements? gopi can u clarify that :) Aravind.
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gopi
msg:1237503 | 3:35 pm on May 5, 2004 (gmt 0) |
Total Revenue including advertisement , licensing fees and hardware sales (google in a box) even though advertisement (adwords +adsense) constitute more than 90% of the total according to the SEC filing
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shrirch
msg:1237504 | 6:34 am on May 25, 2004 (gmt 0) |
I've seen presentations by Siebel and BEA Systems which claim the 1 billion record too. :)
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