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Apple Said to Acquire Color

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Re: Apple Said to Acquire Color

#31

Post by drivebyacct2 »

ChuckMcM wrote: post #20
mukaiji wrote: post #9

My HN timeline for today: (morning) "Color to be shutting down" (afternoon) "Color IS NOT shutting down" (evening) "Color is acquired by Apple" wtf just happened.

To answer the question: "wtf just happened." If you have ever seen the TV show "House" [1] its the part where each doctor makes a different diagnosis and Dr. House keeps trying to fit all the pieces together to get to the real issue. Clearly Color is in a state of transition, I know of no company with an absent CEO, and no COO, that are stable. The tech "press" is in a feeding frenzy trying to be the first to 'diagno…

I'm more interested in what this story says about HN? How often does HN get wrapped up in personal stories without hearing the other side? Or get wrapped up in virtually meaningless drama like this such that we have THREE such major "stories" throughout the day distracting from things of legitimate interest or value to "hackers" (or their bossses, etc).

I pay about as much attention to these stories as I do the stories that volley back and forth on peoples' blogs and the front page of HN.

Though I must say, three in one day was enough to troll me into both coming here and even commenting a smidgen of frustration/surprise.

Re: Apple Said to Acquire Color

#32

Post by rdl »

I'm surprised Palantir didn't buy them just to take over their prime downtown Palo Alto real estate leases (one of the few big spaces not taken already by Palantir...)

Re: Apple Said to Acquire Color

#33

Post by petercooper »

As a fellow member of our startup world, congratulations to Color! They deserved success after spotting the opportunity the new mobile era presents for transforming the way people share the stories of their lives. Their constant innovating and striving to learn and grow was sure to bring them plentiful benefits.

Re: Apple Said to Acquire Color

#34

Post by cjensen »

There's no reason for Apple to buy Color. A couple of patents on recently invented stuff? Unlikely. Buying the patents would make sense, not buying the company. Acquire a team? Why not just hire them? Is the team really that attached to a company going nowhere?

So I call this rumor nonsense. On the other hand, if this rumor is true it says a lot about Apple management and none of it good.

Re: Apple Said to Acquire Color

#38

Post by eliajf »

ctrl_freak wrote: post #4
eliajf wrote: post #2

Sad if true, for all the hardworking companies out there that are working very hard to make a difference in customer's lives. Only overpriced products with no product/market fit can be acquired for "high double digit" millions.

I don't think Apple buys up companies due to "hype", and considering the amount of negative press Color has been receiving as of late, that seems especially unlikely here. More likely it is a talent acquisition, or as greendestiny suggests, patents.

I can buy patents but I doubt Apple does an acqui-hire for high double digit millions.

Re: Apple Said to Acquire Color

#39

Post by 31reasons »

eliajf wrote: post #2

Sad if true, for all the hardworking companies out there that are working very hard to make a difference in customer's lives. Only overpriced products with no product/market fit can be acquired for "high double digit" millions.

Its all about relationships with people I guess. It reminds me of this excerpt from a psychology book. "People used to look out on the playground and say that the boys were playing soccer and the girls where doing nothing. But the girls weren't doing nothing- They were talking. They were talking about the world to one another. And they became very expert about that in a way the boys did not"

You can replace 'boys' with 'developers' and 'girls' with 'tech socialites'.

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