Re:Leaving the Nest
by danudey on Friday June 03, 2016 @07:03PM
(#11833869)
Arguably, the time to do the right thing was years ago, when Tony was abusing his employees and Nest was making no money other than what Dropcam was making (meaning that buying Dropcam instead of Nest would have made vastly more sense).
[ Parent
| on HN ]
Re:Leaving the Nest
by outside1234 on Friday June 03, 2016 @08:32PM
(#11834257)
Yes, but hindsight is 20/20. The only decisions you can make are the ones in front of you - and Larry made the right one here.
Companies don't usually buy early stage companies based on their current revenue (which was a drop in the bucket compared to Google's total revenue), but the long term vision and leadership team. Regardless of what eventually happened, at the time Google purchased Nest, Tony was a seasoned executive who had lead a large division and many highly successful products at Apple.
This may have been impossible depending on his contract.
It's worth pointing out this is two years and three months after nest was acquired.