6 ms·

You sound bitter. If you've used the product, you can see that it was beautiful, usable, and the performance was solid. If we assume that the product is failin

by nswans 14y ago

You sound bitter. If you've used the product, you can see that it was beautiful, usable, and the performance was solid. If we assume that the product is failing (even though they've raised two rounds of funding from seasoned and celebrity investors alike), we know that the team can execute well. Mayer wants to move to mobile-first, so acqui-hiring a team who know how to build well for mobile can be a smart move. It may also attract talent who respects that team. Perhaps Stamped wasn't growing like they planned, but I'm sure they and Mayer think that with the right direction at Yahoo they can do great things. Who knows if it will work out. But it seems like a solid partnership for both sides.

jlarocco 14y ago
Ha! I'm inclined to agree that their product was doing well simply because it was discontinued immediately after Yahoo bought them. Isn't killing successful products what Yahoo is known for?
- jemfinch 14y ago
  This type of snarky comment diminishes the level of discourse here. Please stop making them, and please encourage others to stop making them.
  - samstave 14y ago
    Your comment is far more meta than the OP, he makes a claim that Yahoo has propensity for killing acquired services... that's germane to the subject of this thread, yours is not...
    - jemfinch 14y ago
      "Meta"ness is not a problem here. Rudeness is. Comments like mine are necessary if the level of discourse is to remain higher here than other sites. Comments like the OP's are not.
phillmv 14y ago
raising funds != success What was that comparison? No one says, "congratulations on that huge loan you just took out!". I'm sure the team was great, but I'm confused as to why we should be lauding this state of affairs. If they were making money, then why should they all have up and left to go work at Yahoo!? From the, admittedly poor on information and high on snark, position I'm comfortably seated on it seems like you had a great team that was wonderfully subsidized by VC that managed to save face with an 'exit'. I'm sure it's really fun to go through the motions, but I don't really see the part where they added value; I only see an elaborate social signaling event (again, obviously the team is competent, filled with A players) fully subsidized by Yahoo! shareholders. If I'm missing out on something I'd love to know about it.
- jmathai 14y ago
  raising funds != taking a loan And if you've ever raised funds then yes, it's an accomplishment and cause to celebrate. Just get back to work the next day.
  - 001sky 14y ago
    reference > http://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theorem http://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theor...
    - saraid216 14y ago
      Raising the value of your firm is not the only reason to celebrate as a company; successfully making it possible to continue operating/expanding for another year is a good thing.
      - joonix 14y ago
        And a loan would let you do the same. The comparison is valid. For some reason there's a stigma against debt financing because it has to be "paid back" in installments. Equity financing still has to be paid back, the transaction just has different mechanics. Equity investments don't "raise the value" of the firm. They simply signal that other people with money believe you will generate X amount of dollars in the future. Debt financing involves signals, too: the interest rate reflects what other people with money think about your ability to generate X amount of dollars in the future (to hopefully pay back your loan). GE pays a very low interest rate on its bonds because of its value and perceived ability to pay back debt.

by nswans 14y ago

jlarocco 14y ago

Ha! I'm inclined to agree that their product was doing well simply because it was discontinued immediately after Yahoo bought them. Isn't killing successful products what Yahoo is known for?

jemfinch 14y ago
This type of snarky comment diminishes the level of discourse here. Please stop making them, and please encourage others to stop making them.
- samstave 14y ago
  Your comment is far more meta than the OP, he makes a claim that Yahoo has propensity for killing acquired services... that's germane to the subject of this thread, yours is not...
  - jemfinch 14y ago
    "Meta"ness is not a problem here. Rudeness is. Comments like mine are necessary if the level of discourse is to remain higher here than other sites. Comments like the OP's are not.

phillmv 14y ago

raising funds != success What was that comparison? No one says, "congratulations on that huge loan you just took out!". I'm sure the team was great, but I'm confused as to why we should be lauding this state of affairs. If they were making money, then why should they all have up and left to go work at Yahoo!? From the, admittedly poor on information and high on snark, position I'm comfortably seated on it seems like you had a great team that was wonderfully subsidized by VC that managed to save face with an 'exit'. I'm sure it's really fun to go through the motions, but I don't really see the part where they added value; I only see an elaborate social signaling event (again, obviously the team is competent, filled with A players) fully subsidized by Yahoo! shareholders. If I'm missing out on something I'd love to know about it.

jmathai 14y ago
raising funds != taking a loan And if you've ever raised funds then yes, it's an accomplishment and cause to celebrate. Just get back to work the next day.
- 001sky 14y ago
  reference > http://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theorem http://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theor...
  - saraid216 14y ago
    Raising the value of your firm is not the only reason to celebrate as a company; successfully making it possible to continue operating/expanding for another year is a good thing.
    - joonix 14y ago
      And a loan would let you do the same. The comparison is valid. For some reason there's a stigma against debt financing because it has to be "paid back" in installments. Equity financing still has to be paid back, the transaction just has different mechanics. Equity investments don't "raise the value" of the firm. They simply signal that other people with money believe you will generate X amount of dollars in the future. Debt financing involves signals, too: the interest rate reflects what other people with money think about your ability to generate X amount of dollars in the future (to hopefully pay back your loan). GE pays a very low interest rate on its bonds because of its value and perceived ability to pay back debt.