Website valuations are fun to play with. Some of the valuations are absolutely ridiculous. About a month ago, I had written about the rumors of Bebo selling for $1 billion. Now we have heard that Bebo was actually bought for $750 million, and Meebo is trying to sell themselves for $250 million. So, in order… Read More Meebo, Bebo and AOL, Oh My!
Social media acquisitions have been a hot topic lately. I recently commented on the ridiculous $200 million price for Plaxo. Yesterday, various rumors circulated regarding the $1 billion acquisition of Bebo. So, in order to remain fair, I decided to do a value comparison again, this time including Bebo. First, let’s review the prices we… Read More Is Bebo Worth $1 Billion? (and a Plaxo Correction)
The news yesterday evening had a merger/acquisition rumor of Google paying $200 million for Plaxo. Plaxo has been in the news a lot with possible acquisitions or even people just commenting that they hired an investment firm to manage a possible purchase. The issue that I see in the Tech Crunch article is that Plaxo’s… Read More Plaxo price of $200 million is absurd!
What did I miss? Is today the standard day to announce “big news”? The reason this is so interesting is because it is all related to social media and social networks. First, Comcast announces its new service fancast.com. They are partnering with IBMD, CBS, Hulu.com and others. The Comcast offering is a video “hub” where… Read More Big Companies, Big Social News
The basic idea behind Plaxo is to be the one site for all of your information. The aggregation is meant to be from various sources like your email contacts, your social network information and more. Because it takes data from all of these sources, you should be up-to-date on “everything” in your online (and possible… Read More Plaxo Problems May Hamper Sale