DoubleClick

“Worth every penny to Google, even for the sole reason of keeping the premier number one player in the display ad space out of Microsoft's hands.”

“And so he basically wrote us a check for like, 300,000 bucks and basically to keep us alive. And that check alone saved Procore. In fact, he's been on our board for 20 years.”

“The reason today, which is literally more than 25 years later, that DoubleClick, which is part of Google, dominates the world in ad technology is because we won the battle of the first five years.”

“We did, by the way, we did seven rounds of layoffs. We went from 2000 people back down to a thousand, ah, doing layoff after layoff. 70% of our clients went bankrupt.”

“In 2000, I had probably a hundred million dollars worth of double tick stock on paper, which ended up being ten million.”

“I did sell all the shares I could at DoubleClick in 2000.”

“Then we spent three years bringing back to a thousand people as the internet collapsed and 70% of our clients went bankrupt.”

“So double case, the perfect example, we expanded to 25 countries before our first country was profitable.”

“And that is the reason today, 25 years later that, you know Google still has a commanding share because we got it early on and it's never been given up.”

“Macon Dalrahim, for example, is the attorney general for antitrust in the US. He was Google's lobbyist for the double click acquisition.”

“It was thirty million US.”

“New York has had two billion dollar exits in the last 10 years, and they were both double-click, right?”