291–300 of 366 posts
As many nerds as there are who grew up on AOL, I'm surprised they haven't yet gotten together GameStop-style and bought AOL for themselves, to put into a nice retirement home. :)
If you mean AIM, it was US-only for too much of its existence. Gamestop was pretty widespread in Europe, North America and Australia at least.
Wait, AOL is still around? What do they do these days? Does anyone here work for AOL?
Earlier quoted context omitted.
My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition. The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Int…
Yahoo Finance already tracks the cryptocurrencies. Has for ages. You can also integrate in exchanges to buy stocks, wouldn't be hard to add crypto to that. BTW, you can't buy DOGE-USD on Coinbase. Here it is in my wife's portfolio: https://i.imgur.com/MZlE51m.png
Earlier quoted context omitted.
My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition. The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Int…
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
What you don't see much of is conservative investors who are super hot on crypto. Not necessarily because of anything about crypto, per se, so much as because part of being a conservative investor is that you don't really get super hot on anything.
Earlier quoted context omitted.
Certainly not all of them. Edit - do you not consider Warren Buffet a conservative investor?
Do you think Warren Buffett doesn't understand crypto from the standpoint of finance?
They definitely squeezed a better deal than with the sale of Tumblr last year (which went for 3 mere millions)
I suspect the true total cost was a fair bit higher due to a hosting arrangement. I'd imagine Tumblr remained on Yahoo bare metal servers for quite some time after the sale. If so, Automattic would have had to pay a significant monthly fee for this, given Tumblr's large infrastructure footprint. That arrangement would have been quite appealing for Verizon, since by this time there was likely a surplus of aging bare m…
Untrue.
When the goal is to buy Blogger - a goal that is being progressed towards by Automattic - money saved on the Tumblr acquisition is useful.
Earlier quoted context omitted.
I suspect the true total cost was a fair bit higher due to a hosting arrangement. I'd imagine Tumblr remained on Yahoo bare metal servers for quite some time after the sale. If so, Automattic would have had to pay a significant monthly fee for this, given Tumblr's large infrastructure footprint. That arrangement would have been quite appealing for Verizon, since by this time there was likely a surplus of aging bare m…
> I suspect the true total cost was a fair bit higher due to a hosting arrangement. Untrue. When the goal is to buy Blogger - a goal that is being progressed towards by Automattic - money saved on the Tumblr acquisition is useful.
Before people go all ballistic, please remember that yahoo and AOL make $700 million from Mail and a billion dollars from search. AOL sells huge number of paid dialup based email accounts(for older people though). So the sale price is approximately two years of revenue. Apollo is getting it cheap!
> Apollo is getting it cheap! And Apollo will gut these entities for every dollar that they can.
Earlier quoted context omitted.
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
I would say 95% of investors don't understand crypto, whether they have high or low risk tolerance. But high risk tolerance investors are more likely to invest in something that has momentum without understanding the fundamentals. Betting with the momentum is often a good strategy.
Earlier quoted context omitted.
My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition. The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Int…
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
That statement is demonstrably false. There are two reasons to not be invested in cryptocurrencies at this point in history. You are either ignorant of the technology (which is fine, lots of more important knowledge out there), or it doesn't fit your current risk profile.
There is not a knowledgeable person on the planet who would say that any investment in any cryptocurrency is bad for all investors.