November 9, 2009
Google to buy mobile ad network for $750 million - Yahoo! Finance

rafer:

Rafer sez:
I frequently post about ‘1st-time founders should go get a little rich and then decide if they want to go big. The odds of success suck to badly otherwise.’ None of that’s going to change, but Omar, AdMob’s founder, clearly made himself one of the exceptions. Looking back over the past 5 to 10 years, just what fraction of the exceptions were Sequoia-funded? 25%? 30%? Wow.

Nice exit.  It’s a stock deal so I’d think that every private wealth guy in the vicinity is calling the founders at AdMob to hedge that for them?

  1. sawickipedia reblogged this from rafer and added:
    bunch were Sequoia deals but how many were practically inside deals (ie. Sequoia selling
  2. digitalsoma reblogged this from rafer
  3. rafer posted this