Winning A Bidding War With Facebook, Google Picks Up The Entire Milk Team
AllThingsD is reporting that super-founder Kevin Rose is joining Google. Well, that’s part of the story … the other part is that the entire Milk team, including Rose, will be joining the search giant, in an acqui-hire type deal.
Google is not picking up the Oink app itself or the technology. Rumor has it that Kevin and the crew will be leading Google’s continuing social efforts.
We’re also hearing that the Milk’s investors were happy with the deal, whose price was somewhere in the range of $15 million to $30 million. The price was driven up through Milk’s negotiations with Facebook, which also wanted the incredibly talented team of eight.
Milk, which raised a total of $1.7 million from Dave Morin, Philip Rosedale, Evan Williams, Shervin Pishevar and others was experimenting with a new model of app iteration. The Oink app itself shut down yesterday.