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by sbronstein
5245 days ago
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Another problem with this article is that only one of the three acquisitions he cites was actually your standard 'acqui-hire'. Teachstreet was doing great until Google changed their algorithm last year. That apparently killed their traffic and so they started looking for a buyer since their main business was no longer viable. So yes, a talent acq, but not in the way that he suggests. Lala's technology supposedly formed the basis for iTunes Match and iCloud. I personally think that there may have been a bidding war between Apple and Google (because IMO $85M was ridiculously high for LaLa) but that's just my own hypothesis. Regardless, not a talent acquisition. Summify was a 'traditional' talent acq. of the type Twitter, FB, and Google have been doing of late. So he is one for three of the examples he chose to cite in his article. |
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