SearchMob!
Recent Comment
Spotlight
Recent Comments
- kelebek: " ..." [go]
- porno: " ..." [go]
- porno: " hi ..." [go]
- Jordan: " I talked to someone who interviewed ther ..." [go]
- Matt Cox: " From what I see, it looks impressive - w ..." [go]
- Sarah: " sure it sounds nice to get all the servi ..." [go]
- jerryk: " Yeah, My 800 # got called from Merchantc ..." [go]
- Brad Collins: " This isn't an Open Source story, it's an ..." [go]
- Bev: " I, also received a call from them this a ..." [go]
- Nancy: " Sunday morning they call me with the "ne ..." [go]
- Lisa: " Yes, they are definitely “still at it”! ..." [go]
- Joe Clark: " Only if you can't differentiate “Fundy” ..." [go]
- Chuck Lam: " You may also be interested in projects t ..." [go]
- Jean-Marie Le Ray: " Maybe you've been under a rock for quite ..." [go]
- milosbap: " ..." [go]
- ingilizce tercuman: " Just to say I read the blog while it was ..." [go]
PERFECT FOR THAT PERSON WITH EVERYTHING
Order 'The Search'
Yup, it makes the perfect gift for that officemate or colleague who you thought had everything....including you! If you order here, I promise to sign it, assuming we can figure out the shipping...
You can also buy the audio version here.
Check my book page for more info.
Blogger's Rights
Top Posts
- The Database of Intentions (or how this all got started)
- From Pull to Point(or the first post where I riff on the "Point-To Economy")
- Google As Builder (or the point at which Google stopped being simply a search engine)
- On Google v. Yahoo
- TV and Search Merge
- On Sell Side Advertising
- Battelle Gets Searchstreams
- Search and Immortality
- Toward the Endemic (on endemic advertising)
More coming soon...
Active Topics
- 49 comments: Facebook: $6 Billion? Nah. (07.11)
- 14 comments: First Voice Post: Thoughts on Web 2, Google and Auction Game Theory (07.24)
- 9 comments: This Is Not How To Do It - Updated (07.12)
- 8 comments: Gone Fishin' (07.13)
- 7 comments: Facebook: Cooler Than Google? (07.23)
Monthly Archives
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006
- December 2005
- November 2005
- October 2005
- September 2005
- August 2005
- July 2005
- June 2005
- May 2005
- April 2005
- March 2005
- February 2005
- January 2005
- December 2004
- November 2004
- October 2004
- September 2004
- August 2004
- July 2004
- June 2004
- May 2004
- April 2004
- March 2004
- February 2004
- January 2004
- December 2003
- November 2003
- October 2003
About John Battelle
Searchblog Newsletter
Enter email to subscribe to "Re-Find", Searchblog's weekly newsletter:
Calendar
| Su | Mo | Tu | We | Th | Fr | Sa |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 |
Syndicate
Powered by
December 20, 2005 3:05 PM
Icahn: Beware Google "Disaster"
Yow. Though I have no idea if, honestly, anyone is listening to Icahn, it's still quite a quote. From the SF Chronicle:
In a letter to the board Monday, Icahn told directors they "may be on the verge of making a disastrous decision." Any agreement with Google that precludes a future merger or transaction with another company would be a breach of their duty, he said.
- Posted by John Battelle on December 20, 2005 3:05 PM
remember this »- Sphere It
Searchblog Classifieds!
Recent Jobs
Searchblog, in paperback
Searchblog
Print Edition
Get Your Own Print Version of Searchblog
Click here to buy a customized print version of the entire contents of Searchblog.
Comments
I would not be surprised to see history conclude that this was one of the worst deals for both companies.
Gates has done a fantastic job of baiting Google into a very, very bad decision. Google officially looses it ethics and Google looses a ton of cash to preserve a tiny bit of revenue.
Worth it? I doubt it.
yeah but great deal for twx...
I'm not saying that Carl Icahn is either or right or wrong, but his track record would not indicate that he has AOL's best interest at heart... I would definitely discount the value of a notorious green-mailer's opinion.
Don't believe what you read in the papers about this deal, especially the NYT. There is going to be absolutely NO preferred placement of any AOL advertising or algorythmic results. Behind the scenes Google is flipping about this being the impression. AOL is merely going to get Adwords credits and they are going to explore graphic advertising on some of Google's ancillary sites. Nothing definite, just explore.
As for the economics of the deal, it is practically a no brainer. Google is spending $1b in cash that they were making about $20m in after-tax cash from for about $50m in after-tax search revenue from AOL($80m net of TAC less 35% in taxes). Plus, the AOL revenue will be growing, as well as the value of their 5% stake while the $1b in cash would probably have just sat there earning 3% pre-tax.
Strategically the deal keeps MSN from gaining more than their current paltry scale in paid search.
For AOL the deal has too many advantages to list but will become evident over time. I am just baffled why anyone would think this is a bad deal for either company - except for the unfortunate PR due to extremely sloppy reporting.
Great comment, wireless. As long as no special Maximizer dog team is going to show up at AOL and sprinkle bonus pixie dust to juice their unpaid results, I think you've nailed it. The deal makes a lot of sense.
- Stuart
Heh. Icahn is blowing smoke. The odds of this deal being found a breach of the TW's Board's fiduciary duties are somewhere between 0% and my ass. If the TW Board could approve that AOL merger in the first place without being found legally responsible, this deal falls way short of the mark.
no one cares about integrity in business. the whole do no evil thing was a facade. no on cares what the geeks think and, despite all the whining on blogs, it will not effect their business.
Post a comment