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Apple Said to Acquire Color

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Re: Apple Said to Acquire Color

#52

"High double digits" seems like a lot to pay for color.com and @color (although it is a great domain and handle). Maybe they have some really cool patents that they can use to sue Samsung or Google for $500 million and make the acquisition a net profit.

Considering it likely has double digit millions of dollars left in the bank, sounds low.

Re: Apple Said to Acquire Color

#54
post #10

I've been a quiet fan of Color since the beginning, from a technology/team standpoint, not a product standpoint. I think its smart for Apple. We can all agree that the product launch and the product itself was terribly implemented, but that doesn't mean the technology behind it can't be impressive. It also doesn't have to mean that Apple can't make good use of the technology and talent at Color by embedding them into…

What technology exactly? Their initial tech claims (which were never verified or detectable in real world usage) were impressive. Their pivot made little mention of using that tech. What tech of Color's can we conclusively say actually works in the real world?

Not to mention:

"Do I need a Facebook Account to use Color?

Yes, your Color account is directly linked to your Facebook account. Everything you do on Color, including photo taking and LIVE video Broadcasting, will be represented on Facebook "

Ugh...

Re: Apple Said to Acquire Color

#55
Interesting... these guys had a heavy presence at my campus last year (Texas A&M University) but have since been nowhere to be found. I know of no one that uses the app anymore at all, not many people did in the first place.

It should be interesting to see what Apple does with this acquisition.

Re: Apple Said to Acquire Color

#57

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.

Wow, that sounded authentic. I think I just barfed a little in my mouth.

If it makes it any better, most of the phrasing was from their About page.

Re: Apple Said to Acquire Color

#58

It was obvious from day one that Color was going to be acquired for a pretty penny. It's even in their pitch deck: http://www.slideshare.net/kitseeborg/color-faux-pitch-ddeck See slide 45: "We're going to flip this bitch like flipper!"

In the 'faux pitch deck'? It's called a joke.

Or did you really think after Slide 2: "Colors: people love that shit" this was a real pitch deck?

Re: Apple Said to Acquire Color

#60
post #11

Earlier quoted context omitted.

if you don't mind may you please elaborate on the above post in the context of this headline ? thank you !

Here's the real color.com VC pitch, not the fake one they distributed. ===== "Look, we want a bunch of money from you VCs. A LOT of it. Here's what we've got: Some great patents, and the prospect of some more as we continue R&D. More importantly, these patents are in a strategically critical space where Google, Samsung, Apple, and Microsoft are all vying for supremacy. "So here's what we're going to do with your mone…

Source? If true, brilliance on Bill Ngyuens end and shame on the tech press for not getting it.
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