Late in 2015 with the company looking to increase its position in the public cloud computing market Google made a big bet by hiring VMware co-founder Diane Greene to head up its new push to attract enterprise buyers.
+MORE AT NETWORK WORLD: The biggest cloud conferences of 2016 | This startup built its entire app without any servers +
Thanks to a regulatory filing, now we know just how much that cost Google and parent company Alphabet: $380 million in stock. Greene’s startup named Bebop had 76 investors. Greene herself netted $148 million worth of Alphabet stock in the deal, which according to the Wall Street Journal, she is donating.
The $380 million price tag points to just how aggressively Google/Alphabet pursued Greene, who has sat on the Google board of directors since 2012. One of the fascinating trends for the cloud market in 2016 will be to watch how Greene’s captaining of the Google cloud ship makes it moves in the market against competitors Amazon Web Services and Microsoft Azure.