The Truth Behind A Hotmail Founder’s Claims
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Jessica Livingston a partner at Y Combinator had released a book called Founders at Work: Stories of Startups’ Early Days. This book speaks in detail with thirty startups of Silicon Valleys most notable successes. In this was an interview with Hotmail co-founder Sabeer Bhatia, who speaks about the experiences he had raising money for the webmail startup and its acquisition to Microsoft for $400 million. Since leaving Hotmail, Bhatia has begun a number of other ventures, including Live Documents, an online Microsoft Office clone that doesn’t seem to be picking up, social networking portal apnacircle in India. Livingston claims to have evidence that some of Bhatia’s statements were false when she interviewed him and wrote a blog post which stated the following ” I received evidence yesterday that some of the things Sabeer Bhatia said in his interview in Founders at Work were false. The evidence indicates that (a) Tim Draper rather than Jack Smith had the idea of putting a Hotmail ad at the bottom of emails sent by the service, and (b) that DFJ didn’t disparage Hotmail to other VCs interested in investing.”
You could read the blogpost here
Source TechCrunch





September 2nd, 2009 at 1:12 am
Wow - I can’t believe this!