4 ms·
It's not just businesses though - at the end of the day, it reverts back to a game theory type question. Hindsight is 20/20, but I wonder how Yelp feels right
by unexpected 16y ago
It's not just businesses though - at the end of the day, it reverts back to a game theory type question.
Hindsight is 20/20, but I wonder how Yelp feels right now. Google/Yahoo are probably out now - who does that leave for a potential big exit? Microsoft? Amazon? Facebook?
Yelp is an interesting business, but not a "change the world" type business - at least not on its own, with its current revenue model. What if nothing else pans out, the founder's stakes get further and further diluted, and they end up with nothing? Are they going to end up kicking themselves? Even Friendster had an offer from Google to be acquired...
Yahoo has a notorious track record of poor acquisitions, to be sure: Flikr, Delicious, etc. I'm sure that's what Yelp was worried about - but Google hasn't done that much better either. A lot of Google's acquisitions have languished after being acquired. I wonder if there is still turmoil within Yelp management after this whole episode.