Google buys social mobile startup Jaiku

#1

Post by nickb » Tue, Oct 09, 2007, 4:42 PM UTC

Google buys social mobile startup Jaiku
techcrunch.com

Re: Google buys social mobile startup Jaiku

#2

Post by nickb » Tue, Oct 09, 2007, 5:03 PM UTC

Was Twitter too expensive? I think they priced themselves out of an acquisition by going after the $5m. Jaiku probably sold for less than Twitter's Series A.

Re: Google buys social mobile startup Jaiku

#3

Post by waleedka » Tue, Oct 09, 2007, 5:17 PM UTC

Another proof that the first to market is not always the winner. In case Friendster wasn't proof enough.

Re: Google buys social mobile startup Jaiku

#4

Post by adrianwaj » Tue, Oct 09, 2007, 5:25 PM UTC

Maybe Jaiku is technically superior.

Re: Google buys social mobile startup Jaiku

#5

Post by zandorg » Tue, Oct 09, 2007, 5:42 PM UTC

Google is like a 1-company bubble, where instead of the acquirer being the general public investing in an IPO, now it's the general public investing in Google, who are spending the public's money on daft startups.

That's a pretty clever workaround to Sar-Ox.

Re: Google buys social mobile startup Jaiku

#6

Post by nanijoe » Tue, Oct 09, 2007, 8:42 PM UTC

Maybe Google does not want to deal with Evan Williams a second time

Re: Google buys social mobile startup Jaiku

#7

Post by nameless » Tue, Oct 09, 2007, 9:53 PM UTC

I bet google does'nt want a rails app.

Re: Google buys social mobile startup Jaiku

#8

Post by nickb » Wed, Oct 10, 2007, 12:29 AM UTC

nameless wrote: post #7

I bet google does'nt want a rails app.

I seriously doubt that. It probably came down to price.

Almost all apps that Google buys have to be rewritten anyway.