Fad tech purchases that have died or are close.

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  • slapass
    Too lazy to set a custom title
    • Nov 2002
    • 14625
    #1

    Fad tech purchases that have died or are close.

    The recent buys in the last few years is staggering. Instagram, Tumblr, Whatsapp, etc. Why are the big guys throwing away billions when anyone can see that this is dead end game? Do you want to go back in time and buy Broadcast.com, Myspace, Youtube? So why keep repeating this mistake? I really don't get it.
    Tags: None
    • DamianJ
      Too lazy to set a custom title
      • Jul 2006
      • 15808
      #2
      Obviously because they are all fucking total idiots. You are clearly a genius and should email them telling them where they are going wrong with their billion dollar companies.

        Comment

        • bl4h
          Confirmed User
          • Jul 2006
          • 1282
          #3
          the big companies buy them up before they become a threat

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            • InfoGuy
              80/20 Rule
              • Apr 2010
              • 3052
              #4
              Why do you think Google's purchase of YouTube was a mistake?
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                • geedub
                  Confirmed User
                  • Jun 2005
                  • 3489
                  #5
                  Originally posted by InfoGuy
                  Why do you think Google's purchase of YouTube was a mistake?
                  Solid question
                  Reliable web host that actually cares, tell em geedub sent ya. Vacares

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                    • ITraffic
                      Confirmed User
                      • Jul 2013
                      • 2725
                      #6
                      youtube is almost a utility to the modern world like electricity.

                      and those companies dont know how to grow mobile so they are buying mobile. mobile is the internet right now.

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                        • slapass
                          Too lazy to set a custom title
                          • Nov 2002
                          • 14625
                          #7
                          Youtube has lost money since inception(havent checked lately). Great to create traffic but not so much of a money maker for Google.

                          Whatsapp is all third world users. Great for mobile just not the mobile they wanted. Instagram? Does anyone still think the grainy, yellowed photos are cool? Snapchat? Come on.

                          I wonder why it never makes sense for them just to do what they do and give the cash back to the shareholders? Google could just be a huge search engine that spits out cash. Facebook could do the same. They didn't need to buy Instagram to ficure out they needed more ads on the mobile facebook did they?

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                            • crockett
                              in a van by the river
                              • May 2003
                              • 76818
                              #8
                              Calculator watches of the 80s.. I had PAC man on my wrist when I was a kid.. Now they are doing it again. Smart watches are a upcoming fad that will die a painful death.
                              In November, you can vote for America's next president or its first dictator.

                                Comment

                                • crockett
                                  in a van by the river
                                  • May 2003
                                  • 76818
                                  #9
                                  Double post
                                  In November, you can vote for America's next president or its first dictator.

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                                    • Rochard
                                      Jägermeister Test Pilot
                                      • Dec 2001
                                      • 75733
                                      #10
                                      It might just be good business - they are buying any company that might provide them with serious competition in the near future.

                                      I'm currently reading a "Titan" about Rockefeller and that's pretty much exactly what he did with Standard Oil. If Facebook buys Instagram and Snapchat and a few others, they completely dominate social networking.
                                      Herschel Savage
                                      Brooklyn, NY

                                        Comment

                                        • crockett
                                          in a van by the river
                                          • May 2003
                                          • 76818
                                          #11
                                          Originally posted by Rochard
                                          It might just be good business - they are buying any company that might provide them with serious competition in the near future.

                                          I'm currently reading a "Titan" about Rockefeller and that's pretty much exactly what he did with Standard Oil. If Facebook buys Instagram and Snapchat and a few others, they completely dominate social networking.
                                          I think that's all it is really. In most cases I don't think they buy these websites to turn a profit. I think they buy these sites to control the future of that site.
                                          In November, you can vote for America's next president or its first dictator.

                                            Comment

                                            • sandman!
                                              Icq: 14420613
                                              • Mar 2001
                                              • 15427
                                              #12
                                              to kill off competition
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                                                • Sly
                                                  Let's do some business!
                                                  • Sep 2004
                                                  • 31377
                                                  #13
                                                  Originally posted by bl4h
                                                  the big companies buy them up before they become a threat
                                                  This has been a business practice for hundreds, probably even thousands of years.

                                                  There are many reasons to buy a business. Profit is only one of them.
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                                                    • slapass
                                                      Too lazy to set a custom title
                                                      • Nov 2002
                                                      • 14625
                                                      #14
                                                      Originally posted by Sly
                                                      This has been a business practice for hundreds, probably even thousands of years.

                                                      There are many reasons to buy a business. Profit is only one of them.
                                                      In the end, it is the only one that matters. Thus my point.

                                                        Comment

                                                        • Best-In-BC
                                                          Confirmed User
                                                          • Jun 2002
                                                          • 9509
                                                          #15
                                                          lol, what a dumb poorly thought out post .
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