I was aware last February that Microsoft had made an offer for Yahoo, and that this offer was subsequently rejected because Yahoo felt it was too low.
I was not aware of the specifics of the offer, and I certainly was not aware of how it compares to the current market value of Yahoo. Then I came across the figures this afternoon…
Microsoft offered Yahoo approximately $31 per share, and this was rejected. Fast-forward to today, and Yahoo shares are trading at approximately $11 per share!
I am guessing that Microsoft must be feeling that it was very lucky, but I wonder if Yahoo is lamenting its decision!
Tags: Microsoft, Yahoo
Enterprise Ireland have listed some of the Irish Web 2.0 companies that are currently making headlines in Web 2.0 in Ireland. It is good to see this support!
I think that there are some very innovative Web 2.0 companies. However, I often feel that their innovation is based on an easily replicable novelty rather than on a solid technological differentiator which is difficult to replicate.
I think that one of the amazing things about Web 2.0 is that it can be used to describe any technology, depending on the mood of the person using the phrase. I really love the way Web 2.0 is often used as a synonym for “cash cow” in business models. In fact, I see this happening a lot!
Tags: Enterprise Ireland, Ireland, Web 2.0
