February 10, 2004
stop, yield, merge

juniper to acquire netscreen for 3.4billion. dont you love mergers? everytime i hear of an acquisition two things come to mind. the ferengi rules of acquisition and when-acquisitions-go-awry (a fox special waiting to happen). more specifically, aol buying time warner for one million <hand gesture finger quotes>one hundred billion dollars</hand gesture> and this one is closer to home - yahoo acquiring broadcast.com for 4.x billion (5billion? who knows...none of it went in my pocket!).

i dont think i mentioned this anywhere here, but i started out as in intern at broadcast.com (formerly audionet). yahoo acquired broadcast.com which then became yahoo broadcast (formerly broadcast.com)(formerly audionet). long unofficial name, huh?

every now and then, some co-workers and i have what must be a common topic during lunch - yahoo's business strategy. for the most part, we dont know what we're saying. we just repeat what we read in the news or what we heard some analyst say and then i'm always asked the same question. "wtf was yahoo thinking when they bought broadcast.com for 4billion dollars?!" the answer is always the same. i shrug my shoulders and laugh a crazy laugh.

Posted by jon at February 10, 2004 03:41 AM | TrackBack
Comments

I think it was alot of we can and it sounds cool so lets buy it and figure out what to do with it later. Only they forgot to get around to figuring out what to do with it until much later.

Posted by: dadio on February 10, 2004 11:42 AM

dont lie, i saw your new pimp ride! at least 1billion went to you alone!

Posted by: jaysmom on February 10, 2004 08:57 PM
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