Another day in Silicon Valley..;-)

Posted : June 16, 2005 at 12:13 pm [America/Los_Angeles]

You rent some office space from Cisco Systems Inc. You start a company and hire nine engineers. Eight months later, with no products and no revenue, you sell out to your landlord for $13 million. Another day in Silicon Valley.

Cisco Buys Startup for $1.2M per Employee

Yup! Sounds just about right to me. Too bad I never had such a landlord who would buy my…well, never mind.

- Anand

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