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Apple Said to Acquire Color

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Re: Apple Said to Acquire Color

#93
post #2

Sad if true, for all the hardworking companies out there that are working very hard to make a difference in customer's lives. Only overpriced products with no product/market fit can be acquired for "high double digit" millions.

Its all about relationships with people I guess. It reminds me of this excerpt from a psychology book. "People used to look out on the playground and say that the boys were playing soccer and the girls where doing nothing. But the girls weren't doing nothing- They were talking. They were talking about the world to one another. And they became very expert about that in a way the boys did not" You can replace 'boys' wi…

It's all about having backers who have fingers in pies that they can arm-twist into buying you. It also makes people who have profitable growing startups without funding like yours truly bitter as hell.

Re: Apple Said to Acquire Color

#94
post #41

Post from Gruber today about Color: http://daringfireball.net/linked/2012/10/17/color-shut-down > Like I Said, $41 Million Down the Toilet

I eagerly await Gruber's 'pivot' on his opinion about Color, if Apple - the company that can do no wrong and is really playing 11 dimensional chess (as per his blog) - really acquired it.

Gruber is plenty critical of Apple, look at his analysis of Apple maps. He justifies why they had to do it, but still agrees it is not ready.

Re: Apple Said to Acquire Color

#95

As a fellow member of our startup world, congratulations to Color! They deserved success after spotting the opportunity the new mobile era presents for transforming the way people share the stories of their lives. Their constant innovating and striving to learn and grow was sure to bring them plentiful benefits.

This might be the first time I am using the downvote button after 3+ years on HN... click

Re: Apple Said to Acquire Color

#96
post #86

Earlier quoted context omitted.

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

Sarcasm? I’m an iTunes Match user, and while I love the dream, the reality isn’t quite there yet. The experience is pretty choppy, even confusing. (No, I’m not talking about buffering streams.)

Considering iTunes match is one of the best things I've ever used I'm going to say no sarcasm and that you're in the minority.

Re: Apple Said to Acquire Color

#97
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…

Jumping the shark means to have peaked and now being past ones former glory. But Apple never had any peak or glory as far as social apps go.

My bet is that upcoming Apple products will continue to break previous records; the supposed acquisition of Color notwithstanding. Would you seriously bet against the next Apple product selling like hot cakes, based on this?

Re: Apple Said to Acquire Color

#98
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…

Came here to write exactly that

This is 'feeding the startup trolls'. Where's the value in Color? Nothing

Maybe that's what Apple can't do properly: acquisitions.

Re: Apple Said to Acquire Color

#99
post #86

Earlier quoted context omitted.

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

Sarcasm? I’m an iTunes Match user, and while I love the dream, the reality isn’t quite there yet. The experience is pretty choppy, even confusing. (No, I’m not talking about buffering streams.)

I agree - the service is great, but the client apps are not. In particular, if you have a lot of songs, the iPod app can get really slow and confused (things have improved a bit in iOS 6, but it still crashes on me occasionally, especially when shifting between networks)

Re: Apple Said to Acquire Color

#100

"High double digits" seems like a lot to pay for color.com and @color (although it is a great domain and handle). Maybe they have some really cool patents that they can use to sue Samsung or Google for $500 million and make the acquisition a net profit.

Nguyen is the Mr. Magoo of startups.

Or the Underpants Gnomes? If only he'd share what the "???" are.
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