Earlier quoted context omitted.
Well, if you are British, you'd want to check that burger doesn't contain horse meat. And as amusing as that might or might not be, there is also a point there.
There's nothing wrong with horse meat.
The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
131–140 of 191 posts
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#132How does it feel to work at a company when it pays over a billion dollars to 20-somethings working on the opposite coast? It's not mentally reconcilable. The only way not to go crazy is if you don't think about it at all, but that's just denying the reality of you being exploited while getting few of the benefits. Some people say, "Well, I have 'job security!'" Is "job security," the greatest corporate-serving propag…
Frankly, I don't get your position. If you believe that price should be determined by supply and demand based on perceived value, like it mostly is in these cases, then there's no exploitation. If you believe that price should be attributed based on Labor expended, then the Yahoo! workers are already extremely disproportionately paid relative to the average worker, so it makes no sense for them to feel exploited. How…
I think that's between the employee and their own view of the world. If you worked at Yahoo for six years doing something, anything, and then Yahoo buys a six year old company run by a 26 year old for a billion dollars — what were you doing the past six years? Couldn't it have been you? Why not?
Every computer person employed by a company isn't generating a million dollars a year in value, but most could if they were pointed in the right direction. Even those who are generating 10x to 1000x the value of their salary aren't compensated proportionally (hence, why startups exist).
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#133Earlier quoted context omitted.
Well, if you are British, you'd want to check that burger doesn't contain horse meat. And as amusing as that might or might not be, there is also a point there.
There's nothing wrong with horse meat.
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#134Is it to look relevant ? Yahoo has a ton of services, a ton of engineers and apps that could do better if they were made better. Yahoo still feels like it is 1999. Why not work on yahoo mail and make it relevant ? groups and make it relevant ? what about their ugly homepage ? I mean there is a ton of things to do, instead of buying things like Tumblr.
Marissa is cute and intelligent , but what's her strategy for Yahoo? At that rate , she'll be out in a year.
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#135I dont understand why Yahoo would need Tumblr , nor i got why they bought Summly the price they paid. Is it to look relevant ? Yahoo has a ton of services, a ton of engineers and apps that could do better if they were made better. Yahoo still feels like it is 1999. Why not work on yahoo mail and make it relevant ? groups and make it relevant ? what about their ugly homepage ? I mean there is a ton of things to do, in…
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#136What do you think would be their best bet? My guess is it would be something less trendy since most of those end up being fads. Google's best acquisition was clearly Applied Semantics; not YouTube.
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#137This is great news for the NYC startup ecosystem, which had been lacking in the billion dollar exits that create the next generation of entrepreneur-investors.
The Double Click acquisition spawned a ton of investment and led to companies like Gilt and 10gen. It will be interesting to see what Marco Arment does with a cool $100 million or so. He seems to have a golden touch. Tumblr, Instapaper, and The Magazine makes him 3 for 3.
[1] http://techcrunch.com/2010/09/21/marco-arment-instapaper/
[2] http://techcrunch.com/2011/09/26/tumblr-raises-85-million-ro...
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#138Earlier quoted context omitted.
I disagree. We don't know what Yahoo wants to do with Tumblr. All we have are rumors, a WSJ report and tons of idle speculation. Without knowing what the intended end game is, I don't see how we can call the acquisition a "success" or "failure", much less the CEO's. I also don't agree that "a sign of progress" is "making it succeed in the long run". Google is no genius with large acquisitions either. Motorola and Blo…
To know that Motorola was a poor acquisition, you'd need to know what would have happened if Google hadn't done it. Defensive/preventative decisions are sometimes undervalued.
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#139Earlier quoted context omitted.
The Double Click acquisition spawned a ton of investment and led to companies like Gilt and 10gen. It will be interesting to see what Marco Arment does with a cool $100 million or so. He seems to have a golden touch. Tumblr, Instapaper, and The Magazine makes him 3 for 3.
Considering Marco left Tumblr a year before [1] they raised their last $85M round at $800M valuation [2] do you you think it realistic/possible that he had 1/8th the company after that deal? [1] http://techcrunch.com/2010/09/21/marco-arment-instapaper/ [2] http://techcrunch.com/2011/09/26/tumblr-raises-85-million-ro...
https://twitter.com/marcoarment/status/335483318311194624
> @ericf @jsnell 1) I was technically an employee, not a founder. 2) My shares were from the first funding round, before any further dilution.
How much shares would a (number 2?) employee typically get? And does it mean his shares were diluted or not?
Re: The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr
#140Earlier quoted context omitted.
I disagree. We don't know what Yahoo wants to do with Tumblr. All we have are rumors, a WSJ report and tons of idle speculation. Without knowing what the intended end game is, I don't see how we can call the acquisition a "success" or "failure", much less the CEO's. I also don't agree that "a sign of progress" is "making it succeed in the long run". Google is no genius with large acquisitions either. Motorola and Blo…
Google is a genius at acquisitions IMO. To qualify as a genius you don't need a 100% of acquisitions to work out. You do need a few to work out tremendously. Google has those. Meanwhile, what's the last yahoo acquisition that didn't turn into disappointment soon after the acquisition? We can go back 15 years and be hard-pressed to find one. On the other hand there are plenty of disaster acquisitions including broadca…