Amazon buys woot for 110 million cash money - GoFuckYourself.com

atom · 07-01-2010, 02:59 PM

Just read this, dont think it's been posted here yet.

I personally have always been a fan of woot and tshirt.woot.com

http://www.dailytech.com/Amazon+Acqu...icle18906c.htm

atom · 07-01-2010, 03:02 PM

oh and the email the ceo sent out. Reminds me of mayors emails when i used to work for him

Date: Weds, 30 June 2010
From: Matt Rutledge (CEO – Woot.com)
To: All Woot Employees
Subject: Woot and Amazon

I know I say this every time I find a picture of an adorable kitten, but please set aside 20 minutes to carefully read this entire email. Today is a big day in Woot history. This morning, I woke up to find Jeff Bezos the Mighty had seized our magic sword. Using the Arthurian model as a corporate structure was something our CFO had warned against from the very beginning, but now that’s water under the bridge. What is important is that our company is on the verge of becoming a part of the Amazon.com dynasty. And our plans for Grail.Woot are on indefinite hold.

Over the next few days, you will probably read headlines that say “Matt Rutledge revealed to be monstrous pseudo-human creation of Jeff Bezos.” You might even see this photo making the rounds. Rest assured that these rumors have nothing to do with our final decision. We think now is the right time to join with Amazon because, quite simply, every company that becomes a subsidiary gets two free downloads until the end of July, and we very much need that new thing with Trent Reznor’s wife on our iPods.

Other than that, we plan to continue to run Woot the way we have always run Woot – with a wall of ideas and a dartboard. From a practical point of view, it will be as if we are simply adding one person to the organizational hierarchy, except that one person will just happen to be a billion-dollar company that could buy and sell each and every one of you like you were office furniture. Nevertheless, don’t worry that our culture will suddenly take a leap forward and become cutting-edge. We’re still going to be the same old bottom-feeders our customers and readers have come to know and love, and each and every one of their pre-written insult macros will still be just as valid in a week, two weeks, or even next year. For Woot, our vision remains the same: somehow earning a living on snarky commentary and junk.

We are excited about doing this for all sorts of reasons. One, our business model is so vague that there’s no way Amazon can possibly change what it is we’re truly doing: preparing the way for the rise of the Lava Men in 2012. Also, our deal means that Jason Toon will finally be released from that Mexican jail owned by Zappos honcho Tony Hsieh. No, don’t lie, Tony, we’ve seen the paperwork. And we need a powerful ally in case Steve Jobs finally breaks down and comes after us for all our Apple jokes over the years. Don’t think of it as a buyout; think of it as NATO!

I will go through each of the above points in more detail later, but first, let me get to the top 5 burning questions that I’m guessing many of you will have.

TOP 5 BURNING QUESTIONS:

Q: F1RST!!!!
A: Okay, that’s not a question, but it is a good place to mention that our forums will still be policed by a team of moderators, as before. And also, Woot’s previous and always-in-effect privacy policy will still be just as always-in-effect, so don’t worry, there are no plans to suddenly give up or merge your forum data.

Q: Is Snapster leaving?
A: Are you kidding? He’s out the door about ten seconds after that check clea- that is to say, Snapster will continue as Woot.com CEO, just like before, and the rest of our staff’s not going anywhere either. Woot and all our various sites will continue to be an independently operated company full of horrible, useless products and an untalented jerkface writing staff, same as it ever was.

Q: Will the Woot culture change?
A: Amazon is interested in us because they recognize the value of our people, our brand, and our unique style of deep-tissue, toxin-releasing massage. And they don't want to start changing things now. Amazon's hoping our nutty Woot steez continues to grow and develop (and perhaps even rubs off on them a little). They’re not looking to have their folks come in and run Woot unless we ask them to, which incidentally you can do by turning off the bathroom lights and saying the word “Kindle” three times; a helpful Amazon employee will appear in the mirror. That said, Amazon clearly knows what they're doing in a lot of areas, so we’re geeked about the opportunities to tap into that knowledge and those resources, especially on the technology side. This is about making the Woot brand, culture, and business even stronger than it is today, and we expect that any changes will be for the better or we wouldn't bother with this endless paperwork.

Q: Where can I get one of those vuvuzelas?
A: Are you even paying attention?

Several months ago, when we were all sitting on Jeff Bezos’s bumper drinking orange Mad Dog and trying not to be noticed, we heard a voice in the distance yelling “You kids better not scratch my Mercedes or I’m calling the cops!” We ran. It was later that night when Amazon came by the house and said they liked our style and also wanted to get that money we owed them for messing up the chrome. We like to think that our relationship with Amazon will continue at this level for many, many, many years to come.

But we here at Woot are still a thoughtful company, so, at the end of the day, I watched the sunset, and its golden-hued glory made me think about two questions:

1) Is there really a universal deity?

2) Does such a thing preclude free will or are we humans in control of our own destiny?

After spending a lot of time falling asleep at the library while facing the philosophy books, I determined that the concept of destiny is a construct that allows man a gentle release from facing the terror of his existence, and that a Hyundai full of twenties would pretty much offer the same benefits. And so, I ultimately said YES!

This is definitely an emotional day for me. The feelings I’m experiencing are similar to what I felt in college on graduation day: excitement about getting a check from my folks combined with nausea from a hellacious bender the night before. I remember fondly that time when an RA turned on the lights and yelled “WHO OWNS THESE PANTS?” Except this time, the pants are a company, and the RA is you, and the sixty five hours of community service is a deal that will ensure the Woot.com experience can continue to grow for years and years and years, like a black mold behind the Gold Box. Join us, because together, we can rule the galaxy as father and son. Also, there will be six muffins waiting in the company break room, courtesy of the nice folks at Amazon.com. Welcome to the family!

Matt Rutledge
CEO, Woot

fatfoo · 07-01-2010, 03:08 PM

$110 million - what a high price to pay.

Jarmusch · 07-01-2010, 03:10 PM

And I had never even heard of this woot before.

kristin · 07-01-2010, 03:17 PM

That's a lot of cash. Damn.

kane · 07-01-2010, 03:44 PM

I saw that last night. I follow Woot on twitter and they tweeted it.

BTW Atom, have you talked to Mayor recently? Just curious how he is doing.

bloggerz · 07-01-2010, 04:00 PM

$110 million cold hard cash

pimpin

st0ned · 07-01-2010, 04:04 PM

I have been addicted to Woot for many years. Their woot-offs keep me in front of my comp for hours on end lol. Nice to see they got such a large chunk of change.

Klen · 07-01-2010, 04:12 PM

Wot the fuck is woot?

HomerSimpson · 07-01-2010, 04:12 PM

wow 110m
nice...

ruff · 07-01-2010, 04:13 PM

I just found about Woot yesterday too. Seems like some great deals there.

dav3 · 07-01-2010, 04:15 PM

i figured their rap video would have been posted already... you guys are slacking

LeRoy · 07-01-2010, 04:16 PM

Quote:

Originally Posted by KlenTelaris

Wot the fuck is woot?

It's not porn or we would know. I dont know

milambur · 07-01-2010, 04:17 PM

Would be nice to have a couple of projects that became really successful like that.

BittieBucks · 07-01-2010, 05:01 PM

I have GoYay.com always thought I should turn it into a search engine of some type...

Horny Dude · 07-01-2010, 06:11 PM

Never even heard of Woot.

atom · 07-02-2010, 06:49 AM

Quote:

Originally Posted by kane

I saw that last night. I follow Woot on twitter and they tweeted it.

BTW Atom, have you talked to Mayor recently? Just curious how he is doing.

I talked to Mike a month or 2 ago. He is doing great, has a family now and is still very successful, just not in our spectrum of the biz anymore. Mike was always a good friend so its nice to see him still doing well for himself.

CaptainHowdy · 07-02-2010, 06:52 AM

Whoot ??

kane · 07-02-2010, 01:00 PM

Quote:

Originally Posted by atom

I talked to Mike a month or 2 ago. He is doing great, has a family now and is still very successful, just not in our spectrum of the biz anymore. Mike was always a good friend so its nice to see him still doing well for himself.

Cool. That is good to hear. He is a good guy, glad to see he is happy and doing well.

ottopottomouse · 07-02-2010, 01:26 PM

Never heard of the site before and a short look at it just now seems like I wasted 5 minutes of my life.

Tom_PM · 07-02-2010, 01:33 PM

I cant wait until someone offers me 110 million dollars for domains.

icymelon · 07-02-2010, 01:48 PM

here is a woot woot at least now I have heard of them

camgirlshide · 07-02-2010, 03:14 PM

good way for amazon to get rid of extra crap sitting around, but $110M sounds pretty high. Anyone know how much woot sells in a year?

07-01-2010, 02:59 PM	#1
atom Confirmed User Join Date: Apr 2002 Location: Minneapolis Posts: 2,739	Amazon buys woot for 110 million cash money Just read this, dont think it's been posted here yet. I personally have always been a fan of woot and tshirt.woot.com http://www.dailytech.com/Amazon+Acqu...icle18906c.htm __________________ Adult is dead.... Want to push a mainstream product that works? Hit me up at adam @ Natures86 dot com

07-01-2010, 03:02 PM	#2
atom Confirmed User Join Date: Apr 2002 Location: Minneapolis Posts: 2,739	oh and the email the ceo sent out. Reminds me of mayors emails when i used to work for him Date: Weds, 30 June 2010 From: Matt Rutledge (CEO – Woot.com) To: All Woot Employees Subject: Woot and Amazon I know I say this every time I find a picture of an adorable kitten, but please set aside 20 minutes to carefully read this entire email. Today is a big day in Woot history. This morning, I woke up to find Jeff Bezos the Mighty had seized our magic sword. Using the Arthurian model as a corporate structure was something our CFO had warned against from the very beginning, but now that’s water under the bridge. What is important is that our company is on the verge of becoming a part of the Amazon.com dynasty. And our plans for Grail.Woot are on indefinite hold. Over the next few days, you will probably read headlines that say “Matt Rutledge revealed to be monstrous pseudo-human creation of Jeff Bezos.” You might even see this photo making the rounds. Rest assured that these rumors have nothing to do with our final decision. We think now is the right time to join with Amazon because, quite simply, every company that becomes a subsidiary gets two free downloads until the end of July, and we very much need that new thing with Trent Reznor’s wife on our iPods. Other than that, we plan to continue to run Woot the way we have always run Woot – with a wall of ideas and a dartboard. From a practical point of view, it will be as if we are simply adding one person to the organizational hierarchy, except that one person will just happen to be a billion-dollar company that could buy and sell each and every one of you like you were office furniture. Nevertheless, don’t worry that our culture will suddenly take a leap forward and become cutting-edge. We’re still going to be the same old bottom-feeders our customers and readers have come to know and love, and each and every one of their pre-written insult macros will still be just as valid in a week, two weeks, or even next year. For Woot, our vision remains the same: somehow earning a living on snarky commentary and junk. We are excited about doing this for all sorts of reasons. One, our business model is so vague that there’s no way Amazon can possibly change what it is we’re truly doing: preparing the way for the rise of the Lava Men in 2012. Also, our deal means that Jason Toon will finally be released from that Mexican jail owned by Zappos honcho Tony Hsieh. No, don’t lie, Tony, we’ve seen the paperwork. And we need a powerful ally in case Steve Jobs finally breaks down and comes after us for all our Apple jokes over the years. Don’t think of it as a buyout; think of it as NATO! I will go through each of the above points in more detail later, but first, let me get to the top 5 burning questions that I’m guessing many of you will have. TOP 5 BURNING QUESTIONS: Q: F1RST!!!! A: Okay, that’s not a question, but it is a good place to mention that our forums will still be policed by a team of moderators, as before. And also, Woot’s previous and always-in-effect privacy policy will still be just as always-in-effect, so don’t worry, there are no plans to suddenly give up or merge your forum data. Q: Is Snapster leaving? A: Are you kidding? He’s out the door about ten seconds after that check clea- that is to say, Snapster will continue as Woot.com CEO, just like before, and the rest of our staff’s not going anywhere either. Woot and all our various sites will continue to be an independently operated company full of horrible, useless products and an untalented jerkface writing staff, same as it ever was. Q: Will the Woot culture change? A: Amazon is interested in us because they recognize the value of our people, our brand, and our unique style of deep-tissue, toxin-releasing massage. And they don't want to start changing things now. Amazon's hoping our nutty Woot steez continues to grow and develop (and perhaps even rubs off on them a little). They’re not looking to have their folks come in and run Woot unless we ask them to, which incidentally you can do by turning off the bathroom lights and saying the word “Kindle” three times; a helpful Amazon employee will appear in the mirror. That said, Amazon clearly knows what they're doing in a lot of areas, so we’re geeked about the opportunities to tap into that knowledge and those resources, especially on the technology side. This is about making the Woot brand, culture, and business even stronger than it is today, and we expect that any changes will be for the better or we wouldn't bother with this endless paperwork. Q: Where can I get one of those vuvuzelas? A: Are you even paying attention? Several months ago, when we were all sitting on Jeff Bezos’s bumper drinking orange Mad Dog and trying not to be noticed, we heard a voice in the distance yelling “You kids better not scratch my Mercedes or I’m calling the cops!” We ran. It was later that night when Amazon came by the house and said they liked our style and also wanted to get that money we owed them for messing up the chrome. We like to think that our relationship with Amazon will continue at this level for many, many, many years to come. But we here at Woot are still a thoughtful company, so, at the end of the day, I watched the sunset, and its golden-hued glory made me think about two questions: 1) Is there really a universal deity? 2) Does such a thing preclude free will or are we humans in control of our own destiny? After spending a lot of time falling asleep at the library while facing the philosophy books, I determined that the concept of destiny is a construct that allows man a gentle release from facing the terror of his existence, and that a Hyundai full of twenties would pretty much offer the same benefits. And so, I ultimately said YES! This is definitely an emotional day for me. The feelings I’m experiencing are similar to what I felt in college on graduation day: excitement about getting a check from my folks combined with nausea from a hellacious bender the night before. I remember fondly that time when an RA turned on the lights and yelled “WHO OWNS THESE PANTS?” Except this time, the pants are a company, and the RA is you, and the sixty five hours of community service is a deal that will ensure the Woot.com experience can continue to grow for years and years and years, like a black mold behind the Gold Box. Join us, because together, we can rule the galaxy as father and son. Also, there will be six muffins waiting in the company break room, courtesy of the nice folks at Amazon.com. Welcome to the family! Matt Rutledge CEO, Woot __________________ Adult is dead.... Want to push a mainstream product that works? Hit me up at adam @ Natures86 dot com

07-01-2010, 03:08 PM	#3
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	$110 million - what a high price to pay. __________________ Send me an email: [email protected]

07-01-2010, 03:17 PM	#5
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	That's a lot of cash. Damn. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

07-01-2010, 04:00 PM	#7
bloggerz Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 16,256	$110 million cold hard cash pimpin __________________ I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

07-01-2010, 03:10 PM	#4
Jarmusch Industry Role: Join Date: May 2003 Posts: 12,464	And I had never even heard of this woot before.

07-01-2010, 03:44 PM	#6
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	I saw that last night. I follow Woot on twitter and they tweeted it. BTW Atom, have you talked to Mayor recently? Just curious how he is doing.

07-01-2010, 04:04 PM	#8
st0ned Confirmed User Industry Role: Join Date: Mar 2007 Location: Arizona Posts: 8,437	I have been addicted to Woot for many years. Their woot-offs keep me in front of my comp for hours on end lol. Nice to see they got such a large chunk of change. __________________ Conversion Sharks - 1,000+ adult dating offers, traffic management, and consistently high payouts. We will guarantee and beat your current EPC to win your dating traffic! Skype: ConversionSharks \|\| Email: info /@/ conversionsharks.com

07-01-2010, 04:12 PM	#9
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	Wot the fuck is woot?

07-01-2010, 04:12 PM	#10
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	wow 110m nice... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

07-01-2010, 04:13 PM	#11
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	I just found about Woot yesterday too. Seems like some great deals there. __________________ CryptoFeeds

07-01-2010, 04:15 PM	#12
dav3 Confirmed User Industry Role: Join Date: May 2007 Posts: 7,348	i figured their rap video would have been posted already... you guys are slacking __________________ Webmasters :: Juicy Ads :: ACWM :: Crak Revenue :: Money Tree

07-01-2010, 04:17 PM	#14
milambur Mainstream since 2010 Industry Role: Join Date: Jan 2003 Posts: 1,327	Would be nice to have a couple of projects that became really successful like that. __________________ Alea iacta est

07-01-2010, 05:01 PM	#15
BittieBucks Confirmed User Join Date: May 2010 Location: England Posts: 593	hmmm... I have GoYay.com always thought I should turn it into a search engine of some type...

07-01-2010, 06:11 PM	#16
Horny Dude Earn enough to buy coffee Industry Role: Join Date: May 2002 Location: San Diego, Ca. Posts: 4,912	Never even heard of Woot. __________________

07-02-2010, 06:52 AM	#18
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,025	Whoot ?? __________________ FLASH SALE INSANITY! deal with a 100% Trusted Seller Buy Traffic Spots on a High-Quality Network 1 Year or Lifetime — That’s Right, Until the Internet Explodes!

07-02-2010, 01:26 PM	#20
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	Never heard of the site before and a short look at it just now seems like I wasted 5 minutes of my life. __________________ ↑ see post ↑ 13101

07-02-2010, 01:33 PM	#21
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	I cant wait until someone offers me 110 million dollars for domains. __________________ 43-922-863 Shut up and play your guitar.

07-02-2010, 01:48 PM	#22
icymelon Confirmed User Industry Role: Join Date: Dec 2007 Location: Las Vegas Posts: 3,220	here is a woot woot at least now I have heard of them __________________ Network Of Adult Blogs With Hardlink Rentals Available

07-02-2010, 03:14 PM	#23
camgirlshide Confirmed User Join Date: Jan 2005 Posts: 1,558	good way for amazon to get rid of extra crap sitting around, but $110M sounds pretty high. Anyone know how much woot sells in a year? __________________ Useful adult webmaster links - Alphabetical list of solo models with webcam Stats on my best converting affiliate programs - camgirlshide webmaster blog complete list of affiliate programs I use.