{"id":2573,"date":"2008-07-30T22:13:40","date_gmt":"2008-07-31T02:13:40","guid":{"rendered":"http:\/\/www.mathewingram.com\/work\/?p=2573"},"modified":"2008-07-30T22:13:40","modified_gmt":"2008-07-31T02:13:40","slug":"two-words-for-omnisio-nice-exit","status":"publish","type":"post","link":"https:\/\/mathewingram.com\/work\/2008\/07\/30\/two-words-for-omnisio-nice-exit\/","title":{"rendered":"Two words for Omnisio: Nice exit"},"content":{"rendered":"<p>The micro-cap, sub-angel type of financing practiced by Paul Graham&#8217;s Y Combinator isn&#8217;t for everyone, and there are some who believe that it&#8217;s virtually impossible to do successfully &#8212; but Y Comb seems to be pulling it off regardless. I have no idea how much they put into Omnisio, but to sell it to Google <a href=\"http:\/\/www.techcrunch.com\/2008\/07\/30\/google-acquires-omnisio-to-spice-up-youtube\/\">for a rumoured $15-million<\/a> in cash <a href=\"http:\/\/www.techcrunch.com\/2008\/03\/26\/slice-and-dice-online-videos-with-omnisio\/\">about four months<\/a> after it launched has to be some kind of record (and becomes the latest in what is a surprisingly <a href=\"http:\/\/en.wikipedia.org\/wiki\/List_of_Google_acquisitions\">large list<\/a> of Google acquisitions). Congrats to them and the three Aussies who started the video-annotation tool.<\/p>\n<p><b>Further reading:<\/b><\/p>\n<p>Chris Sacca, former Google head of Special Initiatives turned angel investor, has <a href=\"http:\/\/www.whatisleft.org\/lookie_here\/2008\/07\/couldnt-be-happ.html\">some thoughts<\/a> about his investment in Omnisio (hat tip to <a href=\"http:\/\/venturebeat.com\/2008\/07\/30\/google-creates-a-mashup-of-omnisio-and-youtube\/\">MG Siegler<\/a> at VentureBeat for that link), and Rashmi Sinha of Slideshare has some thoughts about the deal <a href=\"http:\/\/rashmisinha.com\/2008\/07\/30\/why-did-google-acquire-omnisio\/\">as well<\/a>.<\/p>\n<div class=\"syndication-links\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The micro-cap, sub-angel type of financing practiced by Paul Graham&#8217;s Y Combinator isn&#8217;t for everyone, and there are some who believe that it&#8217;s virtually impossible to do successfully &#8212; but Y Comb seems to be pulling it off regardless. I have no idea how much they put into Omnisio, but to sell it to Google &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mathewingram.com\/work\/2008\/07\/30\/two-words-for-omnisio-nice-exit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Two words for Omnisio: Nice exit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crsspst_to_mathewingramblogwordpresscom":false,"mf2_syndication":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-2573","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/comments?post=2573"}],"version-history":[{"count":0,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2573\/revisions"}],"wp:attachment":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/media?parent=2573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/categories?post=2573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/tags?post=2573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}