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Not defending the use of the term, but you have to look at acquisitions in the context of the time. Though $20m seems like nothing notable today, in the post bu
by reitzensteinm 11y ago
Not defending the use of the term, but you have to look at acquisitions in the context of the time. Though $20m seems like nothing notable today, in the post bubble fallout it was a significant achievement.
- frostmatthew 11y ago> Though $20m seems like nothing notable today, in the post bubble fallout it was a significant achievement. 2005 is probably a bit beyond the "post bubble fallout" - nevertheless the previous year Yahoo spent $579M on Kelkoo and in 2003 (which is most definitely "post bubble fallout" era) they bought Overture Services for $1.6B[1]. Creating something that fetches $20M is certainly a success, but let's not pretend this is some amazing acquisition story on par with YouTube. [1] https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Yahoo https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...!