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Hrmmm. This strategy sounds dangerously familiar. Making Money? Who cares... Just buy shit that looks cool.
by sscheper 16y ago
Hrmmm. This strategy sounds dangerously familiar.
Making Money? Who cares... Just buy shit that looks cool.
- enomar 16y agoI think its been shown before that Google (and others) often buy for the talent as much as the product.
- barredo 16y agoAlso I guess Bumptop could have some patents for its products.
- Gibbon 16y agoHow has that strategy worked out for them?
- deleted 16y ago[deleted]
- chwahoo 16y agoAre you suggesting it hasn't?
- Gibbon 16y agoMostly they dump bucketloads of money into projects that disappear into blackholes, or morph into other products that are dubiously successful. As far as talent goes, the Dodgeball founders left, Jaiku founders left, Panoramio, Blogger and Feedburner founders left. That's off the top of my head, there's probably a lot more. Seems like an expensive and unreliable way to do bulk hires.
- _delirium 16y agoI don't entirely disagree, but I think some of the ones you mention weren't talent acquisitions. My guess is that, despite the founders leaving, Google is still happy with its Blogger and Feedburner purchases, and they at least sort of integrate into its larger web of services (and data collection).
- zandorg 16y agoSometimes the shift in their share price from an acquisition pays for that acquisition.