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Yahoo to Acquire BrightRoll
- hijinks 12y agoas a brightroll stock holder.. any news on how they were bought? stock deal/cash or mix?
- threeio 12y agoPer Yahoo's Investor Relations Press Release (https://investor.yahoo.net/releasedetail.cfm?ReleaseID=88227... https://investor.yahoo.net/releasedetail.cfm?ReleaseID=88227...), "Yahoo is acquiring BrightRoll for approximately $640 million in cash. The transaction is subject to customary closing conditions."
- hijinks 12y agothanks!
- ancortutor 12y agoSerious question: Do you hold options from investment/ employment or percentage of common stock if you don't mind me asking.
- outside1234 12y agoHe exercised options and bought his stock. Private companies still have stock, just not publicly traded.
- ancortutor 12y agoThanks. Since this is cash acquisition I would assume parent commentator would get same price agreed in t&c of acquisition ?
- gcb0 12y agosince they are on 400+ employees they have restricted stock which will give them less than restricted (i may have the terms wrong) that is reserved for founders and investors.
- cjbarber 12y agoFor those who are curious: looks like they paid $640mm
- danielpal 12y agoCan you point to the source? With net revenues of >100M it looks like they could have just IPO. 6X revenues seems low.
- nihaar 12y agoAgreed seems a bit low. Here's the TC article http://techcrunch.com/2014/11/11/confirmed-yahoo-acquires-brightroll/ http://techcrunch.com/2014/11/11/confirmed-yahoo-acquires-br...
- princetontiger 12y agomost of the public video ad companies have fallen substantially
- bwagy 12y agoYeah you're right, Tremor video is trading about dollar for dollar, revenue to market cap at the moment.
- kuida0r3 12y agoPer Yahoo's Investor Relations Press Release (https://investor.yahoo.net/releasedetail.cfm?ReleaseID=882270 https://investor.yahoo.net/releasedetail.cfm?ReleaseID=88227...), "Yahoo is acquiring BrightRoll for approximately $640 million in cash. The transaction is subject to customary closing conditions."
- jasonwilk 12y agoThis is a far better deal for BrightRoll than going public. Tremor and YuMe, arguably similar businesses, are basically trading for the cash they have on hand. Todd (BrightRoll CEO), had told me he thought ad networks were not meant to be public companies. He certainly followed that mentality through to a nice exit. I'd take $640M outright exit any day versus going public at a slightly higher comp.
- mycodebreaks 12y agoHow many employees does Brightroll have?
- kuida0r3 12y agoapproximately 400 employees[1] [1] https://investor.yahoo.net/releasedetail.cfm?ReleaseID=882270 https://investor.yahoo.net/releasedetail.cfm?ReleaseID=88227...
- brianbreslin 12y agoYahoo has a lot of cash to burn from the Alibaba acquisition. Here are my completely outside guesses as to who they acquire: - Adroll - SayMedia - Tapjoy - InMobi
- ronilan 12y agoYouTube
- brianbreslin 12y agoYoutube is worth $30B+ by todays market standards. Google made a great move buying them 8 years ago
- ronilan 12y agoYes and yes.
- bedhead 12y ago"Burn" is definitely a proper word to describe what they're doing with their cash.
- ancortutor 12y ago1. I have heard that Brightroll does have many talented individuals , few even joined from Google. How do they see this acquisition ? Anyone from Brightroll also on HN can comment ? Excited , nervous ? Worried about culture change ? 2. Yahoo does have long history of getting acquihires and then shutting down the application. Now brightroll is quite big acquisition ( 400 employees ) to shut it down completely. Yahoo might consider re-org though. Does anyone have number how many employees Yahoo has laid off this year (2014 )? I am getting business insider article saying Yahoo has laid off at least 1000 since MM took over as CEO [0] ? 3. I am interested in knowing how No Work from Home policy is going to be seen by Brightroll ? 4. Do you think MM have some strategy she is following or is this just let's spend all money we got from $BABA ? Do surface painting to please investors , acquire another company, lay off few more followed by rinse and repeat until cash is spent or something concrete happens ? I have invested in Yahoo for 4 years now but considering whether I should hold or sell by stock. I would love to hear what others think about Brightroll . In general is this acquisition good or bad ? [0] http://www.businessinsider.com/marissa-mayer-quietly-cut-1000-jobs-at-yahoo-2013-6 http://www.businessinsider.com/marissa-mayer-quietly-cut-100...
- rrohan 12y agoWhat does youtube use for video advertising?
- UnethicalHacks 12y agoyou're kidding, right?