AOL and yahoo bye bye, Yahoo the idea that you didnt accept microsofts offer of $31 a share hahahahaha, you thought you had something better on the table ? there is currently no core value in your searchpage, the shareholders of yahoo must hate that $31 a share was offered, and now theyre looking at $13.48 a share to be honest next year it will be $7.49 and the year after half again the year after until it dribbles out, clutching on to a dwindling base of search users gets you nothing in the long run. and aol’s portal webpage offering is likewise doomed. Microsoft dodged a bad buy there in my opinion, plenty of tech giants have bought over-valued companys, luckily some purchasers like google can seemingly get away with wasting money ? on smaller companys that are over-valued, but then perhaps they themselves are over-valued ? though that seems less likely ?
And for the record bye bye myspace except as a band fan site portal, because myspace finally realised that the only way to add proper core value to sustain their site was to focus on the music element, but how long will that sustain them, the social element is of limited value, and if you have critical mass like facebook you still cant presume you wont lose it, as I beleive that any social network offering could be trumped by a better website offering, and the interest in facebook can eventually fade.
very few silicon ceo’s have vision enough to sustain bigtime growth. and unless you physically make things or can transact value from your website, or are able to continuosly write great software your worth is always destined for decline.
Perhaps the moral in the tech industry is “Keep running or you will be run over eventually” ?