104 karma · joined September 25, 2008
House System, was, at best, about 10% as influential in the creation of Facebook as was Friendster. You take every opportunity to hate on Mark and Facebook, even when it makes no sense... Why can't you just move on? Mark/Facebook owe you nothing; quit deluding yourself. Go be productive!!
Hmm, that's very specific wording there. In my world, filled with tax advisors and lawyers, this translates to "I'm trying to avoid paying California state income tax on capital gains I will accrue in the near future."
... Right. I would be more concerned if this remark wasn't coming from a man who is little more than the world's best-paid babysitter. I am sure he would be delivering a different line if he were talking to the New York Times.
Just because something is making money doesn't mean it is making enough money to be worth keeping around. Also, doesn't mean it's making as much money as someone thought it would. The VCs involved may have invested sensing a turnaround opportunity, or to combine OpenDNS with a portfolio company. I'm sure they received favorable terms for their cash.
(If you think I am joking, please see: Pseudo.com)
The same thing is happening in Dubai, with far more dire consequences for those laid off. I'm sure someone will be writing an article on that very soon.