Google is finally officially confirming that it bought Slide, a deal we first reported two days ago. Google did not disclose a price, but according to a source close to the deal it was $182 million. (With earnouts, it might turn out to be a bit more, but you can never count on earnouts).
We also conveniently broke down what everybody made from the deal. Founder Max Levchin got $39 million (after investing $7 million of his own money), BlueRun Ventures pocketed $28 million, early investor Scott Bannister made $5 million, while later investors basically got their money back.
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Friday, August 6, 2010
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