Fred Wilson who invested in Feedburner and sold it for $100M, and who is an investor in darling Twitter, seems to have his fingerprints all over the news today that Feedburner’s former CEO Dick Costolo has become Twitter’s COO.
It’s a shame, when you think about it, that Google basically paid $100M for Feedburner but hasn’t exactly taken RSS to the next level. continue reading...
Last week, Amazon.com’s S3 service crashed. Shit happens, no doubt.
But since a lot of companies relied on S3, many were impacted. continue reading...
The following is a perpetual-work-in-progress. Once you start to compile a list of mergers and acquisitions, you realize why it’s nearly impossible to have a complete list. We are quite confident that the following is a very good, comprehensive list of the largest, more notable deals… but it is not - and no list will be - fully complete because there are too many countries around the world and too many industries to report (it is highly possible that the Wall Street Journal or Financial Post, for example, has such a list… but it would be thick and unwieldy).
We have included: continue reading...
Editor’s note: I knew we were speaking too soon. One more deal to add to the list: Time Warner to buy Quigo. Added to the bottom of the list, under ad networks.
According to The Jordan Edmiston Group Inc.’s October 2007 Client Briefing report, the number of deals through the first three quarters of 2007 exceeded full year 2006 figures: 637 transactions with $95B in value thus far. Do the math and that is $150M per deal, quite rich. continue reading...
Last night Dave Winer penned something on the risk that Feedburner poses, especially now that it’s a part of Google. I didn’t think much of it. Winer is one of the original builders of Real Simple Syndication (RSS), basically what gives Feedburner its mojo. In all fairness, he has a right to say what he wishes pertaining to RSS right or wrong. Similarly, Fred Wilson, who invested in Feedburner, has a right to voice his opinion on just how bad and evil FB might be.
I’m not going to get into the intricacies of FB’s Terms of Use and what Google might do with the service. That would be a pretty boring post, what I’d like to draw attention to is the baffling expectation of Web folks (whoever that might be) to expect companies that buy assets to have very little right as to what they can and cannot do. continue reading...
It’s official, check out Feedburner’s blog here and Google’s post here.
By buying Feedburner, Google is doing many things: continue reading...
Chicago-based Feedburner just got sold to Google for $100M, Tech Crunch is reporting. The rumor began last week, but TC now says it’s official, as the two companies are in a binding term sheet.
FB raised $10M from Portage (Series A), Mobius and Union Square Ventures in Series B (speaking of which, if this news is indeed 100% right, then Fred Wilson had two exits in one week - three days in fact - one from CBS and one from Google, not bad at all). Anyway, FB is reported to do $10M in revenues, so this one weighs in at 10x revenues. To put things into perspective, GOOG paid 10x revenues for DCLK and MSFT paid 15x revenues for AQNT. continue reading...
