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

Post by mikeyouse » Thu, Oct 05, 2023, 3:43 AM UTC

radlad wrote: post #110

Mistletoe wrote: post #108

Earlier quoted context omitted.

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

In March 1999, a share of CSCO was worth about $26. At its peak a year later, March 2000, it was worth about $82 (3x increase.) [0] I don't know about you, but that seems likely to be an excessively inflated figure to me (a la the dot-com bubble.) Comparing any company's value to its valuation during the dot-com bubble seems silly to me. [0] https://finance.yahoo.com/chart/CSCO

Post by pests » Thu, Oct 05, 2023, 4:18 AM UTC

weare138 wrote: post #93

neilk wrote: post #80

Earlier quoted context omitted.

It definitely could not have done that. In the same year that Google had Borg, and AWS released EC2, at Yahoo, David Filo was still personally reviewing hardware requests.

But like Amazon, Yahoo had developed scalable solutions in-house to run Yahoo. That was Amazon's motivation for launching AWS. They had already developed all these solutions for themselves and got the idea to monetize their infrastructure. I don't see why Yahoo couldn't have done the same thing. Plus Yahoo was sitting on Hadoop until it got spun off. And the kicker is Yahoo briefly started to offer enterprise big dat…

Post by hans_castorp » Thu, Oct 05, 2023, 6:13 AM UTC

simonw wrote: post #18

Vespa has been around for a LONG time. When I worked at Yahoo back in 2005-2007 the Flickr team were using it to scale Flickr - they were integrating it in order to serve things like public tag pages, to take the load off their MySQL cluster. I remember understanding it as the internal equivalent to something like Solr, although actually it predated it - looks like the first public Solr open source release (coming ou…

Post by eirikref » Thu, Oct 05, 2023, 6:50 AM UTC

sundarurfriend wrote: post #83

eirikref wrote: post #65

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It had all started a bit earlier with a colleague (I assume that's you up there, jkb79 :) pulling the leg of a guy visiting us from the Bangalore office, about the polar bears roaming the streets of Trondheim. We just thought we'd prank him a bit about having more dangerous animals than they did in India. Nothing too serious. So a few months later I woke up early one morning and saw it had been snowing all night. I m…

> the Dangerous Wildlife War between India and the home of the proper vikings. Was there an other side to this war? The most dangerous animal you're likely to come across (realistically, without getting photoshop involved) in an average Indian street would be a monkey. I've also come across many varieties of snakes, from time to time, but they're generally chill and just want to be left alone. The monkeys are ruthles…

Post by dizzydes » Thu, Oct 05, 2023, 7:20 AM UTC

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…