A Relevant Tale: How Google Killed Inktomi | Diego Basch's Blog
On March 20th, 2000 Inktomi had a market capitalization of 25 billion dollars. As a relatively early employee, I was a multimillionaire on paper. Life was good. In the next year and a half the stock went down by 99.9%. In the end, Inktomi was acquired by Yahoo for 250M. What happened? Among other things, Google. Grab some popcorn and enjoy this story.
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