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Congrats to the team, but it's a shame Etherpad didn't survive on its own IMHO. I thought premium accounts etc were coming?

TechCrunch is claiming 8 figures, which would be a bit high for a simple talent acquisition. Seems like a talent+tech acquisition, more along the lines of FriendFeed than Parakey or Pownce.

Edit: Parent formerly read: "...Seems like PR spin. Instead of shutting down a startup and going to work for big.co and risk being called out as a failure, work out a deal with big.co to 'aquire' the startup then shut it down. Maybe we need a new word for a talent acquisition, where the startup is shut down and just acquired as a more optimized way of hiring. ..."

Sorry for the edit, I decided I don't know enough about why Google would buy it to comment. I would think they have a good amount of talent/tech already working on wave.

Perhaps more a 'buy to kill potential competitor'?

Still sad to see Etherpad die :/

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