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by innonate
4439 days ago
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Totally not my sole decision. If there were an offer on the table it would be my fiduciary responsibility to let the Board know, and we as a group would vote along with other shareholders with voting rights. It's a bit more complicated than that, though, and management always has the most control. For instance, it's because of this mentality we're not just shopping ourselves around for little exits -- and so offers like these never have to be decided on. We also chose Spark as a VC because we knew they wouldn't want a small outcome either. They invested in Twitter, Tumblr, and more. We, and they, are looking to build something big and meaningful. A VC like Spark is going to have a lot more patience than some other VCs -- and so it increases our chances of staying independent. As for the OMGPOP question, I was never a part of it. My co-founder Charles Forman founded it and left the company a year before its sale... so he could start Picturelife with me and Jacob. As it turns out, 3 of our core team members were also at OMGPOP and later joined us at Picturelife, after the company sold to Zynga. |
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