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Word: calbucci (lookup in dictionary) (lookup stats)
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...strategic buys. In Picnik they got two for the price of one. Among Picnik's 22-person staff are three former Microsoft employees - "three of the best guys ever to step off the Redmond campus on one team," boasts Picnik adviser Burgess - along with other respected Web talents. Marcelo Calbucci, an entrepreneur who founded Seattle 2.0, a service for Seattle start-ups, estimates on his blog that Google paid at least $46 million for Picnik, possibly twice that much. Picnik and Google have both refused to disclose purchase terms...

Author: /time Magazine | Title: Google's Acquisition Binge: Why It Bought Picnik | 3/5/2010 | See Source »

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