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Reload this Page Famous, glorified "little guy(s) make millions" story must also include this reality
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Old May 16, 2012, 05:28 AM
-TW
 
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Default Famous, glorified "little guy(s) make millions" story must also include this reality
It's the oft-told YOUTUBE story.

3 guys in a garage develop the biz. Shortly thereafter google buys them out for 1.6 BILLION!

One little factoid usually missing from the telling of the story... Their idea PLUS [little factoid] = huge success.

That missing piece is... err, ummm, ELEVEN MILLION DOLLARS they were lent to develop the biz.

Full story here... http://en.wikipedia.org/wiki/YouTube

So, yes it's a rags to riches story, if by "rags" you mean $11,000,000.00 !!!

-- TW
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