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Don't worry, I can't imagine Apple execs saying "mmm, Lala.com, they are going to crush as, lets buy them and shut them down". I think it was more like "mmm we
by davidedicillo 17y ago
Don't worry, I can't imagine Apple execs saying "mmm, Lala.com, they are going to crush as, lets buy them and shut them down". I think it was more like "mmm we should move itunes to the cloud, Lala works great, lets buy them and use them as foundation for our next itunes iteration."
I have the feeling that if you hold on that credit for few months you might be able to buy back your 75 on a cloud version of iTunes.
- josefresco 17y agoGive me some of whatever you're smoking. Talk about assuming/hoping for the best. The conversation probably went more like this "Lala is doing what we want to do, let's buy them and shut that shit down so we can offer our own overpriced solution".
- lenley 17y agoMore like "Lala is doing something we want to do, I can't become profitable, let's buy them cheaply for their existing work and engineering team and shut them down so we can offer our own solution that can make money."
- notphilatall 17y agoItunes is plenty profitable, though.
- davidedicillo 17y agoand what would be wrong with this?
- lenley 17y agoNothing, that was sort of my point. People are mad at Apple for shutting LaLa down when it was clear LaLa was not a capable of functioning as a profitable venture in the format the founders pivoted to. Online music is glamorous; yet, not that profitable and few ways to differentiate your business.