3 ms·
> 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 fal
by 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...!