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The talent. Meebo was started by Stanford grads who demonstrated their talent in developing a product and a launching company. It'd be a safe way to hire a few competent engineers, and I doubt the acquisition price contains much goodwill.



The talent. Meebo was started by Stanford grads...

Can we please get over this dopey fixation on big-name elite schools?

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Unfortunately tons of firms put a huge value in this. Try getting a high level rockstar-ninja-badass (lol) engineer job, especially at a bay area startup, without some sort of pedigree from a named institution. Its bullshit, but reality.

Google used to, might still, place a degree from a top-tier institution as the first requirement in upper level job postings.

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> Unfortunately tons of firms put a huge value in this. Try getting a high level rockstar-ninja-badass (lol) engineer job, especially at a bay area startup, without some sort of pedigree from a named institution. Its bullshit, but reality.

I've worked at or (or received employment offers from) quite a few "name brand" Bay Area technology companies, have received recruitment email/etc. from many more, despite going to a university most haven't heard of.

Silicon Valley is much more meritocratic than Wall Street: if you can't pass a coding interview, the name on your diploma will not help you. A name on your diploma might make it easier to get interviews lined up as a student, but undergraduate research, open source contributions, referrals from other employees, are much more useful for that purpose.

That's not to say SV is without its own brand of homogeneity: ironically, whenever I am on Stanford campus, I am amazed at how much more diverse it is compared to the rest of Palo Alto.

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So... the fact that Google also has some Stanford background doesn't seem pertinent to you? What an unusual knee-jerk reaction.

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Yes, it is pertinent. But that doesn't change the fact that it's a really dumb way to evaluate the "talent" of a person or company.

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Elite schools tend to have elite people. Funny how that works.

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Stanford is not an elite school, it's a status school with what many say is a huge amount of grade-inflation. Elite schools are ones like RPI, Bard, various sports schools (Michigan/Okla, UNC, etc.), and so on. The only "elite" quality Stanford has is its location and the presence of a few celebrities.

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I doubt the talent behind meebo is worth $200M. I'd say that it's more a bailout of the investors.

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The price is rumored to be $100M. Google and others regularly pay $2-3M per engineer... More for kickass devs/leaders. And certainly they'd probably pay a premium for larger dev teams. In other words, they'd rather buy 1 company with 25 engineers for $100M than lots of tiny companies (due to the corp dev overhead of buying a company).

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Ah yes the old "You are so good at building things people want we will throw buckets of money at you. Oh, all that stuff you built nobody wants that shit, throw it away." reason.

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