A Valley source is hearing that a major private-equity firm was just days away from making its own bid for Yahoo when the Microsoft bomb hit this morning. (The same source now reports that TWO firms were circling, both big New York-based shops). Without Microsoft in the picture, a private-equity bid for Yahoo would have been a non-starter. Now, however, private equity suddenly looks like a white knight!
Last summer, Joost was the hottest thing going. Finally, real TV on the Internet. The traditional networks couldn’t stop praising it (the first frantically waving red flag). Joost was going to steamroll sleazy and maligned YouTube, which was only making hay by stealing everyone’s content. Joost already had 1 million users, etc.
Well, you don’t hear much about Joost anymore–other than about its flaws.
Let’s begin by defining terms. Craigslist is awesome in many respects–free, comprehensive, simple and massive–but in other respects it sucks. The crappy elements include:
Mozilla Corp.’s COO John Lilly has been promoted to CEO. He is taking over from Mitchell Baker, who will remain chairman.
Mozilla Corp. is the for-profit subsidiary of the Mozilla Foundation, which manages the open-source Internet browser Firefox and email client Thunderbird. Last week, we predicted that Mozilla Corp. would eventually go public, and we estimated that the company would be worth between $1.5 billion and $4 billion as a publicly traded entity.
How much is the entity that manages the Microsoft IE-killing browser Firefox worth, and when will it go public? Answers: 1) A lot; and 2) Probably this year or next.
As hard as it is to believe, many Apple (AAPL) bulls are still missing the best part of the company’s growth story: the improving opportunity for Apple’s computer business.
To understand why Google is such a threat to Microsoft–and why Microsoft’s pooh-poohing of this threat is, at best, a smokescreen–you need to understand how technology disruption works. Disruptive technologies do not destroy existing market leaders overnight. They do not get adopted by the entire market at the same time.
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