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Google Buys Slide for $182 Million, Getting More Serious about Social Games

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Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#31

Post by jimboyoungblood »

Tycho wrote: post #28

It's funny: on one hand Slide seems such a feeble business proposition compared to the mighty PayPal, but on the other hand photo sharing has been the very thing that's fuelled so much consumer activity over the last decade (Facebook, MySpace, camera phones, memes...). What's the word on Slide's arch rival, RockYou or whatever it's called - valued higher than Slide? There was another idea that came out of the Maxcuba…

There was another idea that came out of the Maxcubator at the same time as Slide, can't remember what it was

Maybe you're thinking of Yelp.

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#32

Post by hristov »

dotBen wrote: post #24

If $182m is the true price it's a total firesale. They raised $78m at a $500m valuation. With costs, liquidation preferences, etc I wonder if the common shareholders will see anything. Even BI is correct at $228m it's pretty slim pickings. My guess is Google want Levchin to be GM of the new Google social network (he has experience of social thru Slide and payments thru PayPal of course) and this is really a talent ac…

For 182 mil this has got to be a lot of talent...

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#34

Post by raquo »

dotBen wrote: post #25
ed wrote: post #3

$182 Million may sound like a lot, but remember that not too long ago this company was raising capital at a valuation of $2 billion . I expect there will be little cash, if any, left for employees after investor payouts.

Do you have a source for the $2bn valuation. I've seen (+ personally remember) a $0.5bn figure but can't source $2bn. Thanks

That's from the same guy who says Facebook is worth $100b http://www.wired.com/epicenter/2008/01/vc-sees-2b-ipo/

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#36

Post by pclark »

davcro wrote: post #29

This does not make sense. I am the developer of two Facebook apps, Friend Interview and Quiz Monster. I would argue those two apps are more valuable than Slide's and there is no way they are worth $182 million. What is Google buying?

Epic talent?

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#37

Post by BenS »

davcro wrote: post #29

This does not make sense. I am the developer of two Facebook apps, Friend Interview and Quiz Monster. I would argue those two apps are more valuable than Slide's and there is no way they are worth $182 million. What is Google buying?

Google is buying distribution across many social networks in lots of countries, and a team 100+ smart engineers and product designers.

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#38

Post by evgen »

dotBen wrote: post #24

If $182m is the true price it's a total firesale. They raised $78m at a $500m valuation. With costs, liquidation preferences, etc I wonder if the common shareholders will see anything. Even BI is correct at $228m it's pretty slim pickings. My guess is Google want Levchin to be GM of the new Google social network (he has experience of social thru Slide and payments thru PayPal of course) and this is really a talent ac…

Isn't that toad from Microsoft who was previously heading up the Android effort the guy slotted to take over Google Me? As cute as Slide is I really don't see very much about it that screams "social"; its not much more social that Google Docs and if Google has any intention of playing in the next big game it has to do much, much better than this.

Re: Google Buys Slide for $182 Million, Getting More Serious about Social Games

#39

Post by Mistone »

Tycho wrote: post #28

It's funny: on one hand Slide seems such a feeble business proposition compared to the mighty PayPal, but on the other hand photo sharing has been the very thing that's fuelled so much consumer activity over the last decade (Facebook, MySpace, camera phones, memes...). What's the word on Slide's arch rival, RockYou or whatever it's called - valued higher than Slide? There was another idea that came out of the Maxcuba…

rockyou is doing quite well- def bigger then Slide. They just signed a 5 yr deal with facebook for using fb credits in all social games http://tcrn.ch/adWPTK
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