Feedburner Sale to Google Confirmed 117
Techdirt is reporting that the rumored sale of Feedburner to Google has been confirmed. "Feedburner is in the closing stages of being acquired by Google for around $100 million. The deal is all cash and mostly upfront, according to our source, although the founders will be locked in for a couple of years."
VCs have changed? (Score:5, Interesting)
This is "only" 10x. Does that mean that VCs have come to their senses? Anyone have any insight into this?
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Re:VCs have changed? (Score:5, Funny)
No shit. This is way worse than the 0X that most VC companies reaped back in the days of web 1.0.
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Not only that, but they did it for free. And if anyone beat their price, the next pickup was 50% off plus they'd mow your lawn and wash your dog all while delivering 50 cents worth of groceries (20% off) on a motorbike from a store 15 miles away.
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Sequoia Capital is one of the best in the business and they have had 5 exits, maybe 10 at most, that were over a billion dollars.
10x is nothing to sneeze at. 20x is great. 50x is fantastic. 100x is abnormally impressive.
-david
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It explains the 10M in VC investment.
Re:VCs have changed? (Score:5, Informative)
I was at a startup for 4 years that just sold last year for 165M... w/ 60M in VC money. The early investors got 3X the late got 1.5X but at a better pricepoint (they could buy more). First round was 15M, second was 30M, 3rd was 15M. I made 8.5K via options exercised as a lowly employee on a 1.5k pricepoint (0.15 per share, 9650 shares approx) but VCs got 3x that on average with several million shares each at different prices.
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This is "only" 10x. Does that mean that VCs have come to their senses? Anyone have any insight into this?
The difference is more in the scale than in the multiple. 10x is a respectable rate of return for a VC investment; the ending number is "small" because Feedburner only took $10MM in two rounds of funding, where some 1.0 companies burned through that much VC cash on lunches with their branding consultants.
That said, the B round, at least, came from VCs that never lost their senses to begin with (Brad
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So what if they are locked in? (Score:5, Funny)
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Can we start a relif fund for these guys? Maybe we can get someone to shove doughnuts in through a vent for them during the next 2 years.
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Yeah, but now they can afford to buy their parents a house with a 10,000 sq ft basement!
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Why bother? (Score:4, Interesting)
I don't see what good it does Google to own this company.
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Google gets to see your RSS readership data. That's quite important for advertising....
Re:Why bother? (Score:5, Insightful)
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The procedure worked for Microsoft time and time again, why not Google? :)
Yeah, like Microsoft dominated search and online advertising, right? Oh wait.
No company is invincible. Microsoft was in the same boat 10 years ago and they managed to screw it up. The bigger they get, the slower and less innovative Google gets, and the harder it becomes to attract and retain top talent (yes, some people want to work for a cause other than the dollar). Google could fall just as fast if some young upstart moves
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Instead, they acted like fools, and
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Google's brand alone does it (Score:3, Informative)
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What I do is use Google reader to glom all my feeds together, and then use a desktop rss reader to read from my Google feed. Problem solved!
Although, if Google allowed me to search through my rss feeds I wouldn't need to download them into a seperate a
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Although it is unlikely that any one will ever dominate search to the same extent as google it is equally certain the google's market
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Yeah, I agree with you. Grandparent didn't make any sense. "Stop throwing money at us! Please stop!"
Obligatory Simpsons Quote
Homer: I reluctantly accept your proposal!
Gates: Well everyone always does. Buy 'em out, boys!
Bill Gates companions begin to trash the "office".
Homer: Hey, what the hell's going on!
Gates: Oh, I didn't get rich by writing a lot of checks!
Eat my dirt, techcrunch! (Score:4, Informative)
http://www.techdirt.com/search.php?q=feedburner [techdirt.com]
So I'm betting scuttlemonkey typo'ed it, and it's actualy techcrunch, as the link says.
Please correct the summary.
--
Eat my dirt.
Benefits (Score:3, Interesting)
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All style, little substance (Score:4, Interesting)
For all of the macho recruiting process that Google is known for, and for all of the accompanying swagger, the reality is that Google's employees are unable to deliver beyond the patented PageRank search algorithm produced by Brin and Page and the patented Overture advertising system that Google licenses from Yahoo. That is why in the space of just a couple of years, Google has been rapidly buying up companies, from Keyhole (the original creators of Google Earth) to YouTube to DoubleClick. There is nothing technologically shattering or innovative about YouTube, so it speaks to volumes that Google paid such a large amount of money to acquire it. Every dollar spent on an acquisitions is a public admission of the incompetence of its internal employees.
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the reality is that Google's employees are unable to deliver beyond the patented PageRank search algorithm
I'd say Google Maps was a deliverable they punched through. It revolutionalized (ok maybe not such a strong word) online maps, kicking mapquest and yahoo in the butt. But you're right, google maps was a while ago...
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I so want to tell you to go fuck yourself for saying such a vicious thing, but .. everything you're saying rings true, dammit. *sigh*
Writing blogging software is easy, and Google supposedly has smart people. Pay two or three of 'em 3 months of paychecks, and they ought to have something that kicks ass. Instead, they're buying outsiders' work. WTF?
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It's a slight exaggeration, but there's a lot of truth in there. Google has 2 dozen people working on a powerpoint webapp. The Paul Graham/YCombinator article a couple weeks back mentioned someone who was working on something similar in his spare time. Google tried to buy it out from him, but he turned them down. Buying something for the name value, goodwill, existing users, etc is one thing, but when you can't compete with an unreleased, part time project, maybe something is wrong.
That said, google i
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It serves ads well (Score:2)
More from Techcrunch [techcrunch.com] (another article) One reason a blog or website owner would want to use this is because it simplifies the RSS feed. The Feed URL for Techcrunch, for instance, is "http://feeds.feedburner.com/Techcrunch", which is a much simpler format that standard RSS feeds. Also, most blogging software offers a variety of RSS feeds - Atom, RSS 1.0, 2.0, etc. Sometimes these feeds don't work properly with some readers. And if a site can get most of its readers to use the single Feedburner feed, they can take advantage of the great statistics and tools to see where readers are coming from and what they are clicking on.
The big reason for using FeedBurner, however, is that it can automatically add Google Adsense adds to your feeds, allowing you to easily generate revenue if you have a large enough audience. There are a number of influential bloggers who don't like this service, however (and other aspects of FeedBurner as well) - see Relevant Links below for more information.
So Google now has bought the best RSS broadcaster that already serves Google ads (and the review is from 2005).
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They are doing a Microsoft here. I am pretty smug in my corner.
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"Locked in for a couple of years?" (Score:5, Funny)
You are very kind. (Score:2)
That said, IT does make an awful lot of noise. I mean, worse than that awful "Hip Hop" stuff. And the odd collection of beings that show up to challenge it, well! The neighborhood will never recover.
Just yesterday, an Orc stepped in my RosePlusPlus bush and....
Ballmer chair throwing jokes..... (Score:1, Funny)
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The race between Google and Yahoo... (Score:1)
Here we go again (Score:1)
Good move by Google (Score:1)
yawn (Score:1, Interesting)
Wait, were we talking about Microsoft or Google?
what exactly does feedburner do? (Score:5, Interesting)
Beats the fuck outta me (Score:2)
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Pretty much the same thing CompuGlobalHyperMegaNet does, but with RSS.
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Ads in feeds are horribly distracting. I suspect it's only a matter of time before every RSS reader out there starts to implement ad blocking.
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Google buying traffic again. But why? (Score:4, Interesting)
What's so weird is that, as with YouTube, Google is buying traffic. Not revenue. Not technology. Traffic. One wouldn't think that Google needed more traffic. More revenue from its traffic, maybe, but more traffic from free services?
Google, according to Alexa, is #2 in traffic, and Yahoo is #1. But Google isn't far behind. These buys look like a desperate attempt to displace Yahoo as #1. Whether this make economic sense isn't clear.
Interestingly, Google traffic takes a dive every weekend, as does Feedburner, but Yahoo traffic does not. Look at the Alexa graphs. That gives a sense of how much work-related use the site gets. Slashdot, incidentally, has a strong weekly cycle, much stronger than Google.
It's still not clear if Google's expansion beyond search will be seen a few years hence as a good move or as corporate megalomania.
Traffic = Data? (Score:4, Insightful)
Not Good (Score:3, Insightful)
But since then I've seen too many half-assed Google projects (especially around rss feeds: the Google reader for example is terrible compared to a competitor like Bloglines). Google recently redid the presentation of the statistics service they aquired (Google Analytics), making it worse. Feedburner is currently a great service that is intuitive, innovative and easy to use. But when Google gets through with it, I fear it too be half-assed.
As it has no doubt been said by others, Google is shaping up to be another Microsoft: using its dominance in one area (search), to force consumers into using inferior products. Google is doing it though by "killing with kindness" -- buying up the innovators and strangling them, rather then Microsoft's heavy tactics.
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The new analytics interface is FAR superior to the prior. I can get more information out it very quickly compared to the original. I can also dig deeper into particular characteristics of the stats what weren't possible before, or at least not easily found. Even just the new mini-graphs on the default from page are immensely helpful.
You're the first person I've heard complain about the new in
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Sorry, I disagree. While I don't care for online RSS readers at all (and don't use them), I much prefer the Google Reader UI to that of Bloglines.
Google recently redid the presentation of the statistics service they aquired (Google Analytics), making it worse.
What about it do you think is worse? I love the fact that I can easily chang
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Statements like these are more opinion than anything. Everyone I know likes the revamp better, along with the additional features. Honestly, it is far and away the best free service of its kind.
am I the only one (Score:3, Insightful)
Usually when I am *online* and want to look at the news from a site... I don't grab their RSS feed, I just go to their site...
It seems like an okay way of exchanging information between different sites in a very limited fashion, but that doesn't make it important or worth spending a lot of money on. It's just one more xml schema for doing something really simple... I don't understand the hype.
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RSS for quick summaries and checking updates (Score:5, Informative)
Another way of thinking about it is for sites that don't change much. Imagine I have 50 friends who have websites that I want to check. Most of my friends only update their pages a couple times a month, but that means that on average, two sites are updated a day. I don't want to load them all every day, only when they change and RSS gives me the ability to know when they have changed.
5 years ago, I could surf for hours at a time. Now, I have read all the aritcles I want in about 30 minutes a day and still keep up with stuff just as much.
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Same here. With Firefox, I just reload all my favourite tabs every day to see if anything's new. This gives the sites that I value regular page views (even if there's nothing new there recently it's an indication of what I value). Is that wrong? Or should I only visit sites that give me "new stuff to read" via RSS, no matter how fluffy?
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I don't know. I go to their site and it looks like buzzword jibberish to me. I am so confused and angry right now that I might throw a freakin' chair. Seriously, this article summary sucks, and from the look of it Feedburner looks like it sucks too.
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Great Move (Score:1)
Google analytics and Feedburner statistics (Score:1)
What is a feedburner? (Score:4, Funny)
You can have it, with no strings attached for 200 mil. (US $ naturally)
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RSS Advertising (Score:2)
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All your accounts are belong to us (Score:5, Interesting)
Maybe we'll see some reliability out of Feedburner (Score:1)
Honestly, I cannot see much point in using FB; the pain almost outweighs the benefits. The blogs that use FB for feed handling are all incredibly slow and unreliable to load in my feedreader. Perhaps Google will be able to throw a bit more hardware and bandwidth at solving that one for them, now.
They simply cannot keep login sessions consistent across
What does Feedburner offer... (Score:2)
Last I heard, Blogger has that now. Or perhaps Feedburner got new features too?