Why Google Wrote a $100 Million Cheque to this Indian
What made Google think that Neal Mohan is Worth $100 million?
Google got hold of Neal Mohan by the acquisition of DoubleClick in 2008 where he was the head of products and head of extension.
Imitating Google, Yahoo and Microsoft also started acquiring smaller startups. Yahoo bought the Right Media Exchange for $680 million, whereas Microsoft bought aQuantive for $6.3 billion.
But later on it didn’t go well for both companies. Microsoft already has admitted that their $6.3 billion acquisition is a bust, while Yahoo CEO Marissa Mayer is still confused about the future of Right Media.
Meanwhile, at Google, Mohan started putting his expertise on to the board, as in January 2012, Google announced its display advertising gross revenues has reached $5 billion. Google officially hasn’t announced any values in 2012, but, according to unconfirmed reports, it’s believed that Google has grossed more than $7 billion.
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