I remember laughing at them when they launched at and won TC50. "Twitter for the enterprise! What a dumb idea." I'm laughing all the way to their bank now.
I was at a company a few years ago where the designers and execs were all about using Yammer internally, and I thought it was a joke. A billion dollar joke, turns out.
Yammer agrees to Microsoft's $1 billion acquisition offer
31–40 of 95 posts
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#32Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#33there's always http://github.com/diaspora/diaspora for those seeking an alternative
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#34It's like Facebook only with your grandmother standing behind you watching every word you type.
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#35"Sledgehammer spending" really bugs me. It says "we didn't exercise any brain cells to figure out what our purchase is actually worth, we're just throwing money at the wall because we think we can". Investors should scream at stuff like this. How many things could millions of extra dollars buy? For one thing, maybe they could have acquired 4 or 5 additional companies, patents or other IP. If there was any chance that…
hey did this same thing with Aquantive (sp?), and shareholders didn't do jack. That acquisition had to be the biggest $6B wasted EVER. Sadly, nothing you expect/want to happen will.
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#36IT's a great exit for the team, but being bought by Microsoft seems like the kiss of death for the actual product
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#37"Sledgehammer spending" really bugs me. It says "we didn't exercise any brain cells to figure out what our purchase is actually worth, we're just throwing money at the wall because we think we can". Investors should scream at stuff like this. How many things could millions of extra dollars buy? For one thing, maybe they could have acquired 4 or 5 additional companies, patents or other IP. If there was any chance that…
This feels a bit presumptuous to me. Beyond playing into sticker shock, you haven't provided any evidence that they overspent or neglected to investigate other options.
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#38Is this the first not-small web software company that Microsoft has acquired? I wonder if they're going to eventually convert all the Java and Scala to C# and F#
They had previously acquired Powerset, for one: http://en.wikipedia.org/wiki/Powerset_%28company%29
Never heard anything about them since.
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#39"Sledgehammer spending" really bugs me. It says "we didn't exercise any brain cells to figure out what our purchase is actually worth, we're just throwing money at the wall because we think we can". Investors should scream at stuff like this. How many things could millions of extra dollars buy? For one thing, maybe they could have acquired 4 or 5 additional companies, patents or other IP. If there was any chance that…
$1b is a steal for Yammer. I'm surprised Yammer would take that right now considering it's current valuation and how bright its prospects are. It has one of the most efficient B2B customer acquisition schemes. Even with the culture mis-match, I suspect this will be a good acquisition for MSFT.
Yammer has already won their segment. Imagine owning a private corporate social network, spanning the globe, with paying clients. It's an extremely valuable segment.
Re: Yammer agrees to Microsoft's $1 billion acquisition offer
#40I remember laughing at them when they launched at and won TC50. "Twitter for the enterprise! What a dumb idea." I'm laughing all the way to their bank now.