Random Wednesday Thoughts
Instead of raising $53m at a $1bn valuation, would LinkedIn have raised $50m at a $997m valuation?
What impact do public-style private financings have on employee morale? That is, do employees who joined in 2004 (i.e. fully vested) work less hard now that the company’s decision to take in more money at a large valuation has shifted their liquidity event?
Does having four revenue streams all tied to the same economic input (hiring) really make it less risky than if they had one? Especially since all four are in effect derivatives on advertising (even the subscriptions).
Speaking of vesting, Yahoo acquired Flickr in March of 2005, meaning the founders left 3 years and 3 months after they joined. Yahoo acquired delicious in December of 2005, meaning that it wouldn’t be surprising to see Joshua Schachter go at the end of the year.
The Celtics are perhaps the greatest defensive team of all time. I am conflicted in that the Knicks missed out on Tom Thibodeau, who is the architect of the Celtics’ team defense, but am still excited about Mike D’Antoni and Phoenix-style basketball in Madison Square Garden.
My fantasy baseball team is screwed now that Pujols is out injured. Baseball players injuries are puzzling to me. In no other sport, except for perhaps cricket, are players exercised less and yet baseball seems to account for a larger percentage of total sports injuries. Watching Chien-Ming Wang round the bases in Houston and get injured highlighted the point. He is now out for 6+ weeks for essentially being forced to run 90 feet at pace with no external contact.

[…] wondered how employees of LinkedIn would have felt when management took the jumbo round rather than the IPO. Now from VentureBeat: “LinkedIn is letting employees sell up to twenty percent of their […]