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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Fad tech purchases that have died or are close.
The recent buys in the last few years is staggering. Instagram, Tumblr, Whatsapp, etc. Why are the big guys throwing away billions when anyone can see that this is dead end game? Do you want to go back in time and buy Broadcast.com, Myspace, Youtube? So why keep repeating this mistake? I really don't get it.
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#2 |
Too lazy to set a custom title
Industry Role:
Join Date: Jul 2006
Location: A magical land
Posts: 15,808
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Obviously because they are all fucking total idiots. You are clearly a genius and should email them telling them where they are going wrong with their billion dollar companies.
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#3 |
Confirmed User
Join Date: Jul 2006
Location: Philadelphia
Posts: 1,282
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the big companies buy them up before they become a threat
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#4 |
80/20 Rule
Industry Role:
Join Date: Apr 2010
Location: Los Angeles
Posts: 3,051
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Why do you think Google's purchase of YouTube was a mistake?
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#5 |
Confirmed User
Industry Role:
Join Date: Jun 2005
Location: concrete jungle
Posts: 3,488
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#6 |
Confirmed User
Industry Role:
Join Date: Jul 2013
Posts: 2,726
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youtube is almost a utility to the modern world like electricity.
and those companies dont know how to grow mobile so they are buying mobile. mobile is the internet right now. |
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#7 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Youtube has lost money since inception(havent checked lately). Great to create traffic but not so much of a money maker for Google.
Whatsapp is all third world users. Great for mobile just not the mobile they wanted. Instagram? Does anyone still think the grainy, yellowed photos are cool? Snapchat? Come on. I wonder why it never makes sense for them just to do what they do and give the cash back to the shareholders? Google could just be a huge search engine that spits out cash. Facebook could do the same. They didn't need to buy Instagram to ficure out they needed more ads on the mobile facebook did they? |
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#8 |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Calculator watches of the 80s.. I had PAC man on my wrist when I was a kid.. Now they are doing it again. Smart watches are a upcoming fad that will die a painful death.
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#9 |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Double post
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#10 |
Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 72,814
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It might just be good business - they are buying any company that might provide them with serious competition in the near future.
I'm currently reading a "Titan" about Rockefeller and that's pretty much exactly what he did with Standard Oil. If Facebook buys Instagram and Snapchat and a few others, they completely dominate social networking.
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#11 | |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Quote:
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#12 |
Icq: 14420613
Industry Role:
Join Date: Mar 2001
Location: chicago
Posts: 15,432
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to kill off competition
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#13 |
Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,289
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This has been a business practice for hundreds, probably even thousands of years.
There are many reasons to buy a business. Profit is only one of them.
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#14 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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#15 |
Confirmed User
Join Date: Jun 2002
Posts: 9,506
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lol, what a dumb poorly thought out post .
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