Apple Said to Acquire Color • Hacker News Board

Re: Apple Said to Acquire Color

#71

Post by pixelmonkey » Thu, Oct 18, 2012, 4:55 AM UTC

mikescar wrote: post #58

pixelmonkey wrote: post #21

It was obvious from day one that Color was going to be acquired for a pretty penny. It's even in their pitch deck: http://www.slideshare.net/kitseeborg/color-faux-pitch-ddeck See slide 45: "We're going to flip this bitch like flipper!"

In the 'faux pitch deck'? It's called a joke. Or did you really think after Slide 2: "Colors: people love that shit" this was a real pitch deck?

Wow, apparently my attempt at sarcasm on the Internet failed with some people. Yes, I know the slide deck is a joke. sigh

Re: Apple Said to Acquire Color

#72

Post by [deleted] » Thu, Oct 18, 2012, 5:01 AM UTC

pixelmonkey wrote: post #71

mikescar wrote: post #58

Earlier quoted context omitted.

In the 'faux pitch deck'? It's called a joke. Or did you really think after Slide 2: "Colors: people love that shit" this was a real pitch deck?

Wow, apparently my attempt at sarcasm on the Internet failed with some people. Yes, I know the slide deck is a joke. sigh

[deleted]

Re: Apple Said to Acquire Color

#73

Post by lawrence » Thu, Oct 18, 2012, 5:01 AM UTC

I would downvote this story if I could. Color operates in a parallel bizarro world that most of us will, thank god, never know. $40M in funding and no users? Check. Three months off to Hawaii as founding CEO? Check. CEO who says he would pivot if he was back in the office? Check. Move along, there's nothing to see here.

Re: Apple Said to Acquire Color

#74

Post by [deleted] » Thu, Oct 18, 2012, 5:04 AM UTC

siglesias wrote: post #68

aresant wrote: post #62

Apple just jumped the shark if this is true. Bill Nguyen is massively talented at making things work for Bill Nguyen - his prior business bought by Apple for ~$80m, Lala.com, was lackluster at best. Under Jobs you could kind of, sort of get your head around $80m for essentially a talent acquisition in streaming / digital music which is/was an important revenue stream for AAPL. But even under Jobs the supposed golden…

Last I checked iTunes Match, which is the child of the Lala team, is working pretty well.

[deleted]

Re: Apple Said to Acquire Color

#75

Post by rm999 » Thu, Oct 18, 2012, 5:09 AM UTC

aresant wrote: post #62

Apple just jumped the shark if this is true. Bill Nguyen is massively talented at making things work for Bill Nguyen - his prior business bought by Apple for ~$80m, Lala.com, was lackluster at best. Under Jobs you could kind of, sort of get your head around $80m for essentially a talent acquisition in streaming / digital music which is/was an important revenue stream for AAPL. But even under Jobs the supposed golden…

The acquisition is worth ~0.015% of Apple's marketcap. Maybe Apple has some misguided strategy here - maybe; your argument for this is overly-simple - but the acquisition is so small analyzing the affect on Apple is difficult.

Re: Apple Said to Acquire Color

#76

Post by MaxGabriel » Thu, Oct 18, 2012, 5:24 AM UTC

aresant wrote: post #62

Apple just jumped the shark if this is true. Bill Nguyen is massively talented at making things work for Bill Nguyen - his prior business bought by Apple for ~$80m, Lala.com, was lackluster at best. Under Jobs you could kind of, sort of get your head around $80m for essentially a talent acquisition in streaming / digital music which is/was an important revenue stream for AAPL. But even under Jobs the supposed golden…

Why was Lala lackluster? Lala was a fantastic alternative to iTunes--full song previewing, effortless syncing with iTunes tracks, and cheaper songs than iTunes.

Re: Apple Said to Acquire Color

#77

Post by bonch » Thu, Oct 18, 2012, 5:26 AM UTC

aresant wrote: post #62

Apple just jumped the shark if this is true. Bill Nguyen is massively talented at making things work for Bill Nguyen - his prior business bought by Apple for ~$80m, Lala.com, was lackluster at best. Under Jobs you could kind of, sort of get your head around $80m for essentially a talent acquisition in streaming / digital music which is/was an important revenue stream for AAPL. But even under Jobs the supposed golden…

Lala.com became iTunes Match, which is pretty good. Perhaps Apple is going to integrate social imagery into iOS.

Re: Apple Said to Acquire Color

#78

Post by codewright » Thu, Oct 18, 2012, 5:26 AM UTC

dmor wrote: post #44

wmf wrote: post #42

Earlier quoted context omitted.

Are you valuing all their employees combined at zero?

Hard to imagine counting on employees staying

I've talked to some of their more critical engineers.

They're bailing ASAP. It's a shit-show there (at Color).

Re: Apple Said to Acquire Color

#79

Post by cft » Thu, Oct 18, 2012, 5:27 AM UTC

For a modern software developer, news like this mean: focus on Android.

Re: Apple Said to Acquire Color

#80

Post by hack_edu » Thu, Oct 18, 2012, 5:32 AM UTC

bbhacker wrote: post #60

raganwald wrote: post #28

Earlier quoted context omitted.

Here's the real color.com VC pitch, not the fake one they distributed. ===== "Look, we want a bunch of money from you VCs. A LOT of it. Here's what we've got: Some great patents, and the prospect of some more as we continue R&D. More importantly, these patents are in a strategically critical space where Google, Samsung, Apple, and Microsoft are all vying for supremacy. "So here's what we're going to do with your mone…

Source? If true, brilliance on Bill Ngyuens end and shame on the tech press for not getting it.

Thing is, they tech press do get it. Probably more than us. But we keep clicking through to their articles; that's how they make money.