Earlier quoted context omitted.
I've really wanted to try it, but never got a beta invite:)
You now have a chance. They are giving away some codes right now: https://www.facebook.com/aviateapp/posts/195912073936304
Sweet! That did the trick.
Aviate joins Yahoo
11–20 of 29 posts
Re: Aviate joins Yahoo
#12Can someone please explain why these corporations buy companies for a product they can build themselves for (usually) less money?
Re: Aviate joins Yahoo
#13This might be out of context, but a question though. How this companies get bought? Of course, building a great product is part of it. But are they shopping around, emailing / visiting bigger companies to buy them? Or they will just wait until some bigger company contact them and have some negotiations?
Aviate Team comes from Google (Google Play PM and Search Engineer). I would think right people at Yahoo Knew the talent and want it.
http://getaviate.com/team.html
Congrats to the team. Great Product and team.
Re: Aviate joins Yahoo
#14> Today, we are absolutely thrilled to announce that Aviate is being acquired by Yahoo. Don’t worry, Aviate isn’t going anywhere.
Re: Aviate joins Yahoo
#15Can someone please explain why these corporations buy companies for a product they can build themselves for (usually) less money?
They don't buy the product they buy the team and their vision.
Re: Aviate joins Yahoo
#16This might be out of context, but a question though. How this companies get bought? Of course, building a great product is part of it. But are they shopping around, emailing / visiting bigger companies to buy them? Or they will just wait until some bigger company contact them and have some negotiations?
Aviate Team comes from Google (Google Play PM and Search Engineer). I would think right people at Yahoo Knew the talent and want it. http://getaviate.com/team.html Congrats to the team. Great Product and team.
You might be right. So this is the case for Aviate. How about other startups?
Re: Aviate joins Yahoo
#17Re: Aviate joins Yahoo
#18whats the over under for companies that get purchased by google/yahoo/apple/microsoft and never see anything more from them?
I think it depends on how much they pay for it. If the price is high, then they want the product. If the price is low, they want the people. Of course even if the price is high, sometimes companies muck it up anyway.
If the price is high they want the user base.
I don't think big companies care too much about a product in itself. They care about the team (which created a good product) and/or a userbase.
Re: Aviate joins Yahoo
#19This might be out of context, but a question though. How this companies get bought? Of course, building a great product is part of it. But are they shopping around, emailing / visiting bigger companies to buy them? Or they will just wait until some bigger company contact them and have some negotiations?
This is one of the 'features' of Technology companies in general and Silicon Valley in particular.
When a company raises funding, either seed or a series A round with a venture firm, they become tied into a giant loose web of relationships which provides things like introductions, heads up on quality candidates, and general interest queries. This is further enhanced by the somewhat astonishing mobility of talent from company to company.
So when a company says "Hmm, we really need to get into X" they can tap that network to see who is out there doing that and how well they are doing it.
Sometimes an investor wants to 'close out' their investment and they will approach a friend on another board or a friend of a friend looking for "ideas", other times people just meet at a social event and decide they should work together. Large firms have a group that is nominally called something like 'Corporate Development' which is code for acquiring companies to fill gaps or needs.
During times of scarcity when folks are looking for talent, under capitalized companies are seen as a good place to 'pick up an entire team' of engineers.
The classic way to connect into this 'web' is to go through the process once, which is start a company (or join one), connect with the funding folks at company and social functions, and have an idea of what you're trying to achieve. An 'agenda' if you will.
Re: Aviate joins Yahoo
#20Earlier quoted context omitted.
Aviate Team comes from Google (Google Play PM and Search Engineer). I would think right people at Yahoo Knew the talent and want it. http://getaviate.com/team.html Congrats to the team. Great Product and team.
You might be right. So this is the case for Aviate. How about other startups?
I am sure the same is true for all the other acquired companies. If you look through all startup acquisitions, the pattern is the same. You rarely see startups that haven't raised capital get acquired, unless they are actually successful.