Feedburner Sale to Google Confirmed
Techdirt is reporting that the rumored sale of Feedburner to Google has been confirmed. "Feedburner is in the closing stages of being acquired by Google for around $100 million. The deal is all cash and mostly upfront, according to our source, although the founders will be locked in for a couple of years."
I googled techdirt, and I searched their blog, and there's nothing about google and feedburner, take a look:
http://www.techdirt.com/search.php?q=feedburner
So I'm betting scuttlemonkey typo'ed it, and it's actualy techcrunch, as the link says.
Please correct the summary.
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Eat my dirt.
Definitely changed... looking for 3x plus on mid-terms.
I was at a startup for 4 years that just sold last year for 165M... w/ 60M in VC money. The early investors got 3X the late got 1.5X but at a better pricepoint (they could buy more). First round was 15M, second was 30M, 3rd was 15M. I made 8.5K via options exercised as a lowly employee on a 1.5k pricepoint (0.15 per share, 9650 shares approx) but VCs got 3x that on average with several million shares each at different prices.
A fool throws a stone into a well and a thousand sages can not remove it.
Not that I don't not disagree with about what worthless pieces of shit that Slashdot editors aren't, but linking to Wikipedia is the epitome of laziness. It is so full of unfactual misinformation that it can't be not trusted in it's integrity or, as one would say, lack thereof.
For a site about things like basic rights, Slashdot users sure do like to censor "dissent".
Another way of thinking about it is for sites that don't change much. Imagine I have 50 friends who have websites that I want to check. Most of my friends only update their pages a couple times a month, but that means that on average, two sites are updated a day. I don't want to load them all every day, only when they change and RSS gives me the ability to know when they have changed.
5 years ago, I could surf for hours at a time. Now, I have read all the aritcles I want in about 30 minutes a day and still keep up with stuff just as much.
Also: Google has huge brand recognition, until today I didn't know that feed broadcasting was big business. Now I do because Google paid $100m .... and who do I know that now does feed broadcasting ? So if I was actually a webmaster that earned some bucks from ads & was thinking about RSS - I'd now go straight to GoogleBurner. I don't even bother looking for competitors (who might be marginally better) as : It keeps things simple for me: I just have to hold one concept in my head "Google good: Google has good products, Google finds the new good products ". Given this brand "synergy" effect I'm surprised they got away with a 10x deal.
Meh. If microsoft hadn't won, then decided that, since they'd won, all further development was a waste of time, there would have been no niche for new operators. We'd all be on IE11 by now, because they'd have agressively ported it to all operating systems in a bid to globally corner the hugely important browser market, and then they'd have built online application inventories through their massively dominant search portal that were tied directly to the pc through activeX.
Instead, they acted like fools, and blew their lead. So don't assume that because the last player who tried to be dominant mistook the game for the special olympics and got beat down, that the next competitor won't learn from their mistakes.
ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.