If you’re selling a successful startup these days your price tag should have several billion dollars on it. That seems to be the going rate these days. Smart thermostat maker Nest was acquired by Google yesterday for $3.2 billion. Nest’s CEO Tony Fadell once worked for Steve Jobs designing iPods, and now his direct boss will be Google’s Larry Page.
Nilay Patel, managing editor of The Verge, joins Marketplace Tech host Ben Johnson to discuss.
7 hours ago25:22
15 hours ago7:09
19 hours ago30:57
19 hours ago12:45
6 days ago28:44
4 months ago24:33