<p>The news that Microsoft planned to sunset Sabeer Bhatia's Hotmail brand was made official Feb. 18.</p><p>Bhatia and cofounder Jack Smith raised $300,000 to start a Web mail service back in 1996. Two years later, they sold it to Microsoft for $400 million. In the ensuing years, the Hotmail name lost some of its luster. Even so, Microsoft said the decision to retire the brand wasn't an easy one. After all, it still has 300 million users.</p><p>Bhatia, it seems, is totally at peace with the decision.</p><p>"It's much needed," Bhatia told the Los Angeles Times. "What with all the speed and features of Gmail, it's about time they did something like this."</p><p><a href="http://www.indiawest.com/news/9644-sabeer-bhatia-not-unhappy-with-demise-of-hotmail.html">Keep reading...</a></p>