Archive for April 5th, 2008

Ex-Googlers Launching Startups

No one else in the industry has been able to compete with Google, so it may be that Google’s biggest disruptors will come from within.  Google will likely have to increase cash salaries and outright stock grants to retain its best people. This will likely further pressure the company’s profit margin which has declined over the past year.  Here’s a glimpse of ex-Googler’s starting up their own companies:

  • Gokul Rajaram, the “Godfather of AdSense,” is working on a stealth startup.
  • Louis Monier, Anna Patterson, Russell Power are working on a search service called Cuill (pronounced “cool”) — it’s said to index the web more economically than Google. Uses a web crawler called “twiceler.”
  • Jason Liebman, Sanjay Raman and Daniel Blackman co-founded HowCast, a network of “how to” videos. The pair company has apparently raised $8 million in funding.
  • Steffen Mueller started a “search engine community” called Topicle.
  • Vanessa Fox left Google for real estate search site Zillow.
  • Dan Daugherty is heading RentBits, a real estate rental site. He’s got support from fellow ex-Googler Tim Moynihan, who is COO of the site.

To read more check out Silicon Alley Insider

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Microsoft Gives Yahoo Deadline on Offer

Microsoft Corp. sent a letter to the Yahoo Board of Directors Saturday setting a three-week deadline for moving forward on its more than $40 billion buyout offer.

The letter signed by Microsoft CEO Steve Ballmer said Microsoft will take its case directly to Yahoo shareholders and work to elect a new slate of directors, if the board doesn’t respond by the deadline by April 26. The bid to buy Yahoo was made in January and announced Feb. 1.

At the time, Microsoft offered $44.6 billion, or 62 percent above Yahoo’s market value. The deal is currently valued at about $41 billion, based on Friday’s closing share prices. Yahoo’s board formally rejected Microsoft Corp.’s bid, saying it undervalues the company.

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