In your face
According to AP, Yahoo is going to reject Microsoft’s $44.6 billion bid. Woohoo. The internet is safe again. For now. [link]
Anyway, here’s a really cool little PDF file with a list of who owns what online. Microsoft doesn’t really own much, in terms of amount and relevance, while Yahoo probably has the most valuable owns. Google has a long list, but I think that Pyra and Picassa are the only two on the list that were great investments. The IAC seems to own some greatly popular websites.
Craig
February 10, 2008 @ 12:01 pm
That offer was way too big anyway. I guess we really didn’t learn anything from the way the NASDAQ crashed when the internet bubble burst in the late 1990s :O
Here we just had the real estate market crash after a ~10 year bubble, and we’re already setting ourselves up with another crash? Why do we never learn? And who in the hell is buying all that internet stock anyway!? I hope that’s foreign investors, and not Americans, so that they get to take the beating next time (no offense intended Roba) because I’m sick of the US going into recessions caused by idiots who don’t know how to invest their money! Let somebody else go into a recession next time. Hopefully, France.
Hal
February 10, 2008 @ 12:46 pm
And YouTube!!!! Google owns YouTube man, you don’t think that was a big investment?!?!?!
AND YOUR ANTI-SPAM WORD IS EFT?!!??!
Hahahahahha :D
za3tar
February 10, 2008 @ 8:51 pm
Well, most of google’s applications were bought from other companies. Google Earth was a result of buying a company called “Keyhole” .. Google Docs was a result of buying “Writely” .. and the list goes on.
Just out of curiosity, what would you think if Google was the one offering to buy Yahoo ? What if you Yahoo accepted ? would the internet be safe ? would that be an evil move ?
Simon Columbus
February 10, 2008 @ 9:05 pm
@ Craig: You must be American. Anybody else would have noticed that the burst of the internet bubble caused an international crash on the stock markets.
I just looked at that .pdf - and I have to say, there’s no company investing really good…
From flickr, I use only del.icio.us (cancelled my flickr account after they wanted to treat us like kids and censor flagged content by default…)
From Youtube, it’s Feedburner and Youtube. Nothing from AOL, IAC or News Co. (and as a Linux user, I’d never even think of creating a account at a M$ company…)
Hareega
February 11, 2008 @ 1:54 am
I totally understand Yahoo’s decision to turn down the offer; I wouldn’t have sold my blog either for that price
Craig
February 11, 2008 @ 2:21 pm
Simon,
@ Craig: You must be American. Anybody else would have noticed that the burst of the internet bubble caused an international crash on the stock markets.
Well, that part is OK.
Question, though… why in the hell was the rest of the world buying internet stocks back in the 1990s? You guys didn’t even HAVE internet back then :P
Amer
May 5, 2008 @ 6:57 pm
Craig: That mentality is the answer to your question. America’s economy is a series of bubbles with a burst date becaue of that mentality. The “you guys” mentality. The world is not comprised of America everyone else. In fact, America is the largest consumer country on Earth. America buys what others make, and sells what others offer, and the technologies distributed and “started” there were started by immigrants or foreign talent. The reason is that it’s big and high in consumerism. Why did the rest of the world invest in internet before they had it? Because they MADE it. It was just implemented in America because it’s the world’s marketplace. And as predicted, consumerism blew it up and the test was a success for it to be implemented everywhere else.
Investing is global - that burst was worldwide. Housing market is crashing because of the prime rate, dictate by Wall Street Journal. Unrelated to investing.
If you think it’s time for “idiots to stop investing the wrong way” then start with yourself: shed the mentality your stuck in and spread the concept that America is a fish in a pond (and the one suffering the most at the moment).
Amer
May 5, 2008 @ 7:00 pm
By the way, I’m Jordanian American. I’m not anti-anyone. I just notice this daily. People referring to something being the “largest in the world” or “only product in the world to do this” when they’re referring to the U.S. alone.
It pisses me off because we’re suffering the most and our currency is the weakest out of the major ones in the world. I can’t believe we live in a time where the Jordanian Dinar buys almost 2 U.S. dollars and continue to think we’re on top of the globe.