that's ridiculous. potential of the company is not about who owns the stock or how much cash changed hands in the process.
having been part of one particular exit I know all too well that startup founders and ex-employees have deep emotional connection to their former company, no matter how much they got for it.
Andy Baio was recently on Dan Benjamin's show The Pipeline and he spoke a bit about upcoming.org's acquisition. I believe he described the support he got as underwhelming. Basically you go in, meet with a bunch of groups and then are left by yourself wondering what you're supposed to do.
Just because Yahoo's expectation$ weren't met doesn't mean delicious didn't live up to its potential. Many people got accustomed to use it as a search engine and it fulfilled its purpose quite nicely. Imagine if facebook couldn't figure out a way to make money, would it then be considered a failure even though millions of people find it useful?
> Imagine if facebook couldn't figure out a way to make money, would it then be considered a failure even though millions of people find it useful?
Depends on who you are. To the investors, that would be a failure. To the people that find it useful, it wouldn't be a failure until it disappeared or otherwise ceased to be of use.
