Vespa.ai is spinning out of Yahoo as a separate company

Post by fsckboy » Thu, Oct 05, 2023, 2:18 AM UTC

prepend wrote: post #99

fsckboy wrote: post #82

> Yahoo will own a stake in the new company and will be one of Vespa’s biggest customers for a long time to come. what's usually going on in scenarios like this is either: the subsidiary is in growth mode and needs access to public capital markets to raise large amounts for building infrastructure (and sharing the expenses with others) to compete, or what has been built is going into profitability mode and the profit…

Or I suspect a third where the Vespa management team would leave and start their own company that would appreciate at a higher rate than yahoo due to greater growth potential. So yahoo spins them out and has their equity grow faster than yahoo stock, or they lose the product to a new competitor.

Post by ComputerGuru » Thu, Oct 05, 2023, 2:25 AM UTC

jkb79 wrote: post #52

cfors wrote: post #27

Can anybody speak to how Vespa compares to some other Vector Database solutions? Seems like there's so many options today

Disclaimer, I work on Vespa. If you look for just pure vector similarity search, there are many alternatives. But Vespa's tensor support, multi-vector indexing and the ability to express models like colBERT ( 1) or cross-encoders makes it stand out if you need to move beyond pure vector search support. Plus, for RAG use cases, it's a full blown text search engine as well, allowing hybrid ranking combinations. Also wi…

Post by transcriptase » Thu, Oct 05, 2023, 2:42 AM UTC

achow wrote: post #101

fsckboy wrote: post #82

> Yahoo will own a stake in the new company and will be one of Vespa’s biggest customers for a long time to come. what's usually going on in scenarios like this is either: the subsidiary is in growth mode and needs access to public capital markets to raise large amounts for building infrastructure (and sharing the expenses with others) to compete, or what has been built is going into profitability mode and the profit…

Cisco has its famous 'Spin-in' strategy. A "spin-in" is a form of R&D in which a company is the sole investor in a startup. It sends a team of employees off to build an experimental product and then buys that startup for a predetermined and very healthy price. Cisco has spent on average $763 million to acquire each spin-in that these three men have founded, even though Cisco was also the sole investor in each. https:…

Post by Mistletoe » Thu, Oct 05, 2023, 2:58 AM UTC

achow wrote: post #101

fsckboy wrote: post #82

> Yahoo will own a stake in the new company and will be one of Vespa’s biggest customers for a long time to come. what's usually going on in scenarios like this is either: the subsidiary is in growth mode and needs access to public capital markets to raise large amounts for building infrastructure (and sharing the expenses with others) to compete, or what has been built is going into profitability mode and the profit…

Cisco has its famous 'Spin-in' strategy. A "spin-in" is a form of R&D in which a company is the sole investor in a startup. It sends a team of employees off to build an experimental product and then buys that startup for a predetermined and very healthy price. Cisco has spent on average $763 million to acquire each spin-in that these three men have founded, even though Cisco was also the sole investor in each. https:…

Post by radlad » Thu, Oct 05, 2023, 3:27 AM UTC

Mistletoe wrote: post #108

achow wrote: post #101

Earlier quoted context omitted.

Cisco has its famous 'Spin-in' strategy. A "spin-in" is a form of R&D in which a company is the sole investor in a startup. It sends a team of employees off to build an experimental product and then buys that startup for a predetermined and very healthy price. Cisco has spent on average $763 million to acquire each spin-in that these three men have founded, even though Cisco was also the sole investor in each. https:…

A company so brilliant it is still below its stock price in the year 2000.