Thursday, October 12, 2006

Boo Hoo, Yahoo, Not Fair!

"Google got Youtube, it's my turn for facebook"

Yahoo has been wooing facebook for about a month now, trying to purchase the company for a roughly $1 billion. So far, there's no luck for yahoo and they're left waiting while google goes on to build it's already massive empire. Yahoo's left tatterred and and confused after this recent transaction, and the quickness with which it followed through. Seems like they can't really get their act together to make a decision. Though they offered facebook $1 billion within the last month, they have been rumored to have offered the company multiple monetary considerations for rights, in the span of over 2 months.



Yahoo, you either want it or you don't. Can't have your cake and eat it too!



Yahoo's internet ad sales have gone down, and after the welding of the two media giants: google and youtube, I can only imagine that yahoo will flounder meagerly for a while, then drown slowly in it's own self-pity.



Yahoo needs facebook, they need a way to reach the ever expanding young internet users of today. With News Corp purchasing myspace, google bought youtube...Yahoo, if you can't play in the big boy's sand box, go waiver somewhere else-like the teeter totter? (lol...I'm corny!)



Either way, Zuckerberg (founder and Chief Executive Officer) doesn't really want to sell. So, if yahoo wants to buy they're going to have to hypnotize him with the green. The Wall Street Journal quoated Zuckerberg as saying, there was no sense in saying, "let's make a lot of money now....I can be doing this for a long time, hopefully."



What do you think the forecast is for yahoo? Is three a crowd?



I welcome comments from all points of view, contradicting, whatever! :)



Here's the link to the Wall Street Journal Article

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