Tag Archives: Google

Who Gets Rich From Google Buying Nest?

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First of all, a real cash-acquisition of this size is quite a surprise (beside the sheer amount of it). – But which investors really pulled in the most? – It seems like Kleiner Perkins Caufield Byers and Shasta Ventures are the biggest winners of the deal: KPCB is reported to get a 20X return on an invested of USD 20 million and Shasta Ventures to collect around USD 200 million with the hardware deal.

Full story: Who Gets Rich From Google Buying Nest? Kleiner Returns 20X On $20M, Shasta Nets ~$200M | TechCrunch.

Google: 15 things you probably didn’t know on its 15th birthday

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Some astonishing facts include:

  • Google has acquired an average of ONE COMPANY EVERY WEEK since 2010
  • Google hired its first in-house chef in November 1999, who went on to become the firm´s executive chef, overseeing a total of 150 employees in 10 cafes at the headquarters
  • Around 1.000 of Google´s employees became millionaires at the IPO in 2004 – including masseuse Bonnie Brown

Full list: Google: 15 things you probably didn’t know on its 15th birthday | Technology | The Guardian.

Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion

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That´s what I call tax-avoidance: About USD 2 billion saved in worldwide income taxes 2011 from oversea-profits (mostly Europe) by routing USD 10 billion to Bermuda. Tax evasion and avoidance now cost the EU 1 TRILLION euros a year…

Full story: Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion – Bloomberg.