4 ms·
That broadcast.com to Yahoo and Tom selling Myspace to Murdoch are 2 of my favorite flop acquisitions. Honorable mention: Digg selling its soul to their own sal
by andirk 3y ago
That broadcast.com to Yahoo and Tom selling Myspace to Murdoch are 2 of my favorite flop acquisitions. Honorable mention: Digg selling its soul to their own sales team.
However, Geocities to Yahoo is one of my least fave.
- BobaFloutist 3y agoTumblr to Yahoo for 1.1 billion in the hopes it becomes "The new PDF" was pretty good too.
- ID1452319 3y agoI'd never heard of broadcast.com before, it is the inspiration for ROI (Radio on the Internet) and Russ Hanneman?
- andirk 3y agoProbably! It was literally putting radio broadcasts on the internet. Tuning in to a radio frequency of a sporting event far away was avant garde and wanted by many. No idea why Yahoo needed to buy someone's janky website with an idea I just explained in 1 sentence, but yeah Yahoo managed to tank it from several billions of $ down to nothing in about a year. Coulda been the first music streaming service. I hope someone has the minutes to those Yahoo board meetings and makes a cartoon out of it.