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The rise and fall of Yahoo
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Originally posted by oracleslave View Post0
Doesn't mean I have a grudge.Comment
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Originally posted by AtW View PostNo, you are worse for it was you who truly destroyed it - cost them resources without paying, unlike grudgers who did not cost them a penny
Then they threw away the lot because a startup round the corner in Leicester Square had done the same thing, but actually got it working and launched, while our project was mired in layers of management dithering.
That's where the money went: layers of middle management failing to ship anything. In fact Drew McLellan, who was on that project and left during it, said precisely that when he left: Time to Take Stock - All in the head.Comment
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Yahoo, were they not around at about the same time as the floppy disk and AOL?
Almost as dead as NokiaComment
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I've never understood how people can consider free web offerings that are based on a model of presenting advertisements to users of a free service to be viable commodities. They always seem to fall down on two main counts:
- People aren't stupid
- Adblock Plus exists
Companies like LinkedIn and GroupOn, whilst they turn over a lot, have never been profitable. And I'm pretty sure that the likes of Google and Facebook, who seem to get by in the advertising world by ignoring privacy and antitrust issues like there was no tomorrow, are grossly over-valued too. Whilst they report large profits right now, it's hard to see them sustaining the growth they'll need even to stay afloat once advertisers finally realise they're not getting their money's worth.
I keep waiting for this multi-national web business bubble to burst, the way the dot com bubble did, and the way the sub-prime mortgage bubble did. It's not quite there yet, but I'm certain that in about 5/6 years time people will be looking back and wondering how investors could ever have been so stupid as to put money into companies with so little inherent value.Comment
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It's this bit that staggers me
Jan 2008 Microsoft offers $44.6 billion for Yahoo!, setting the value at $31 a share. Yahoo! spurns the offerSpeaking gibberish on internet talkboards since last Michaelmas. Plus here on TwitterComment
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Originally posted by NickFitz View PostThey should have extended my contract in December 2007, as they were going to do until Sunnyvale imposed a hiring/renewal freezeWhat happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by MarillionFan View PostShould have got into cloud computing instead. Then you'd find yourself in Palo Alto, Sunnyvale and Mountain View all the time.
I wouldn't go to the USA if they begged me. Hideous totalitarian place.Comment
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Originally posted by Gentile View PostI've never understood how people can consider free web offerings that are based on a model of presenting advertisements to users of a free service to be viable commodities. They always seem to fall down on two main counts:
- People aren't stupid
- Adblock Plus exists
Companies like LinkedIn and GroupOn, whilst they turn over a lot, have never been profitable. And I'm pretty sure that the likes of Google and Facebook, who seem to get by in the advertising world by ignoring privacy and antitrust issues like there was no tomorrow, are grossly over-valued too. Whilst they report large profits right now, it's hard to see them sustaining the growth they'll need even to stay afloat once advertisers finally realise they're not getting their money's worth.
I keep waiting for this multi-national web business bubble to burst, the way the dot com bubble did, and the way the sub-prime mortgage bubble did. It's not quite there yet, but I'm certain that in about 5/6 years time people will be looking back and wondering how investors could ever have been so stupid as to put money into companies with so little inherent value.
Because people either pay subscription fees or have adverts thrown at them
In the latter, it must work well enough that advertisers keep paying. And with tv, there is no 'click through'. It's about getting the brand out there in people's subconscious.
With the web, they get that and click throughs.
I'd love to know the percentage of web browsers using Adblock & similar. I imagine it's quite low.
Advertising isn't going anywhere, but it will continue to change to keep up with the times.Comment
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