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> [2013] Internet giant Yahoo! Inc. (YHOO) recently announced its acquisition of Summly, a news app for which Yahoo paid $30 million according to AllThingsD.[0]

by 627467 3y ago

> [2013] Internet giant Yahoo! Inc. (YHOO) recently announced its acquisition of Summly, a news app for which Yahoo paid $30 million according to AllThingsD.[0] > Summly was created by 17-year-old Nick D'Aloisio and launched for Apple’s (AAPL) iPhone. The app works as a news condenser i.e. it narrows down a full-length article or news to 350-400 words thus making it easier for readers to grasp the gist of the news.[0] [0] https://finance.yahoo.com/news/yahoo-acquires-summly-app-150829007.html https://finance.yahoo.com/news/yahoo-acquires-summly-app-150... we are stuck in a loop. is this peak AI signal?

dbbk 3y ago
I thought I'd seen this film before
Apocryphon 3y ago
Maybe we're going backwards. Time to build a new social bookmarking site for the inevitable acquisition.
- neilk 3y ago
  As Maciej always says, do not attempt to compete with Pinboard
  - renewiltord 3y ago
    That's in Zero to One. Competition is for losers. Small guys try to scare away competition with threats. Big guys lie that there's lots of competition. But no one wants competition.
    - neilk 3y ago
      I wouldn't dream to speak for Maciej Cegłowski here. I would require a greater depth of literacy and far more Eastern European family history to achieve that level of sardonic commentary. But... I don't think he'd appreciate the reference. https://twitter.com/search?q=from%3APinboard%20thiel&src=typed_query https://twitter.com/search?q=from%3APinboard%20thiel&src=typ... Pinboard, the product, should inspire a strategy that might be called Ten to One. Enter an app category which everyone has overspent on, wait for them to smash into the wall, and absorb their users into your self-racked server running PHP.
      - renewiltord 3y ago
        I don't mean that his strategy is inspired by Thiel or even that Peter Thiel originated it: more that Peter Thiel happens to have written about this strategy as a standard play by the small guy. It makes sense that Pinboard/idlewords would attempt that. He's the small guy.
- deleted 3y ago
  [deleted]
josephjrobison 3y ago
That immediately came to mind as well. Kind of like Nikita and his apps!

by 627467 3y ago

dbbk 3y ago

I thought I'd seen this film before

Apocryphon 3y ago

Maybe we're going backwards. Time to build a new social bookmarking site for the inevitable acquisition.

neilk 3y ago
As Maciej always says, do not attempt to compete with Pinboard
- renewiltord 3y ago
  That's in Zero to One. Competition is for losers. Small guys try to scare away competition with threats. Big guys lie that there's lots of competition. But no one wants competition.
  - neilk 3y ago
    I wouldn't dream to speak for Maciej Cegłowski here. I would require a greater depth of literacy and far more Eastern European family history to achieve that level of sardonic commentary. But... I don't think he'd appreciate the reference. https://twitter.com/search?q=from%3APinboard%20thiel&src=typed_query https://twitter.com/search?q=from%3APinboard%20thiel&src=typ... Pinboard, the product, should inspire a strategy that might be called Ten to One. Enter an app category which everyone has overspent on, wait for them to smash into the wall, and absorb their users into your self-racked server running PHP.
    - renewiltord 3y ago
      I don't mean that his strategy is inspired by Thiel or even that Peter Thiel originated it: more that Peter Thiel happens to have written about this strategy as a standard play by the small guy. It makes sense that Pinboard/idlewords would attempt that. He's the small guy.
deleted 3y ago
[deleted]

josephjrobison 3y ago

That immediately came to mind as well. Kind of like Nikita and his apps!