November 19, 2010
Every now and then a possible buyout of a big company is rumored to be underway at the offices of Google, a few months back it was a $2.5 billion buyout attempt of Twitter and today it’s the world’s largest social coupon sharing website Groupon.
According to Kara Swisher at AllThings Google is willing to pay above the $2 billion to $3 billion offered to the company by Yahoo. At this time the two company’s are not disclosing any details about the deal or for that matter if a deal is even in the works.
The move would be a big win for Google who could claim yet another dominance in local search, currently their services already allow mobile and other users to search for local businesses and other locations based on their location. The move would also give a big boost to the company’s Google Places interface by providing a comprehensive local deals system to uses on Google Places. Google could of course then make money from the Groupon system itself and through their ads based platform, allowing for extra revenue to be created for the newly purchased company.
With Google attempting to build out their Google Me social networking system, the Groupon acquisition could also provide a nice integration into their social networking attempt, which in turn could bring with it a loyal customer base that already spends nearly $50 million per month with the social coupon site. Groupon customers provide each other with a valuable social networking service, so why not bring them together to help form your new social community? read more
Tags: Amazon, ebay, Google, Google Acquisitions, Groupon
August 9, 2010
Skype was recently sold by eBay to a group of private investors and now those investors are looking to raise as much as $100 million with an initial public offering (IPO) which has been filed with the SEC.
It’s hard to tell what the price of shares will be for Skype stock, however some analysts have priced the company around the $2.75 billion market valuation point.
The company was purchased from eBay by a group of investors in September, those investors include: Silver Lake, Index Ventures, Andreessen Horowitz and the Canada Pension Plan (CPP) Investment Board. read more
Tags: ebay, IPO, Skype, Tech IPO
April 13, 2008
As blogs and social network profiles continue to grow in value – and I’m talking cash/money – the chance that your favorite Web destination will change hands has grown dramatically.
Whether it’s a publicity stunt or not, Techcrunch is reporting that Rocketboom founder Andrew Baron has put his Twitter profile up for sale.
Here’s his explanation on parting with the 1,400 follower-account:
I really love my Twitter account but I feel like I haven’t been using it the way I want to. Quite honestly, I feel sorry for all of my followers because they wind up with my tweets in their timelines and I haven’t been able to utilize the medium the way I want to. I also participate in another Twitter account over on Rocketboom so I’m thinking I’ll post more over there and start up a new account to do what I want to do next.
It would be silly to just delete this account I have here, especially if there is someone out there that had like interests and had something to say or wanted to get involved in some relevant conversations. In terms of monetary value, I have no expectations or needs at all so I decided not to put a minimum bid on this. Whatever will be, will be.
As of this post, the eBay auction is fetching over $1k.
Personally, I find the whole thing insulting. I hate it enough when my favorite blogs change editorial hands. But to sell a profile or account, that people have chosen to follow, is just weak. I would immediately unsubscribe; and I have a hunch I’m not alone. Hence, making a potential buyer, pay the price.
Now do you feel when a blog/service that you follow changes hands?
Tags: blog, Blog Relationships, ebay, profile, sale, Twitter