2 points by sharpshoot 20 days ago | link I really admire his obsessive dedication to improving the technology! No wonder he was such an exceptional founder. Find what you are good at and make ourself a million times better than anyone else at it. An inspiration.
2 points by gyro_robo 20 days ago | link The initial $100,000 check he wrote to the Google founders Sergey Brin and Larry Page is an investment now worth more than $1.5 billion.
So $100k for 1%? That's 40x the YC rate. What kind of dilution are we talking about?
3 points by pg 20 days ago | link Maybe roughly 4-5x dilution. I'm not sure if Bechtolsheim was the very first funding they had. 2m would be a high valuation for a seed round.
Larry and Sergey's Charlie Rose interview is a bit unclear, because Larry talks about getting that check from a "David Sheridan" or "Sheraton", one of the "founders of Sun". I think he may have mixed up Andy with the Stanford faculty member at whose home they met.
2 points by gyro_robo 20 days ago | link Thanks! I've wondered about that since I saw the interview. Looks like he got 1% also.
"Cheriton is also credited for setting up Stanford students Sergey Brin and Larry Page with money men at Kleiner Perkins, thus becoming one of the early investors that helped get Google off the ground." (Wikipedia)
Silicon Beat says, "He'd invested in Google as part of the angel round."
