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Technology, Culture, Commentary on the Internet Revolution

Archive for the ‘Investment’ Category

July 19th, 2008

Yahoo Shareholders See the Light

I say Yahoo did the right thing by fighting off Microsoft. Dvorak says shareholders who disagree are sick and greedy. Carl Icahn, champion of the sick and greedy, proposes a board full of losers.
Good to see Yahoo’s biggest shareholders finally see the light.
Tags: Bill Miller, Carl Icahn, Investment, Jerry Yang, Legg Mason, Microsoft, YahooShare This

By Mike Abundo -- 1 comment

July 18th, 2008

Leave Google Alone!

Why are tech shareholders so greedy? Yahoo defends itself from a hostile takeover, and Wall Street punishes them for shunning a suicide payday.
Now, Google reports spectacular growth, and Wall Street punishes them for not growing spectacularly enough.
Uh, what?
Tags: Google, Investment, stupidShare This

By Mike Abundo -- 0 comments

April 5th, 2008

Pizza.com Sold for $2.6 Million

Recession? Not on the Web, baby!
A US man has sold the domain name pizza.com for $2.6m - after maintaining the site for just $20 a year since 1994.
Chris Clark, 43, accepted the offer from an anonymous bidder after a week-long online auction.
“It’s crazy, it’s just crazy,” Mr Clark, who lives in North Potomac, Maryland, was […]

By Mike Abundo -- 0 comments

September 17th, 2007

Web 2.0 Investment Moving Offshore

Living outside the US, blogging with a company outside the US, and directing an industry association outside the US, I’ve been seeing more and more Web 2.0 startups popping up even on far-flung tropical islands. A new study confirms what I’ve suspected for a while now: Web 2.0 investment is moving offshore.
In the U.S., investments […]

By Mike Abundo -- 0 comments

July 23rd, 2007

Investors Wake Up to Web 2.0

Online advertising revenues are higher than they ever were during the dotcom boom — and investment in online businesses followed suit in the second quarter of 2007.
Total investment in information services companies – which includes IT-based services such as database design as well as Web 2.0 internet companies that run social networks, blogs and wikis […]

By Mike Abundo -- 0 comments

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