What’s more stupid than buying Bebo for $850M? Buying KickApps!
Randy Falco has got to go down in history as one of the stupidest execs around. he should have stayed in TV.
Not only did he just blow $850M on Bebo - but he’s about to buy KickApps.
I guess Broadband Mechanics is worth more now - right?
I wonder when someone is gonna wake up and realize that these new bubble scams are gonna burst - faster than a sub-prime mortage holder defaults on his loan. Didn’t they notice Rupert Murdoch trying to dump MySpace at a high price? Didn’t they notice KickApps failure with a model that demanded revenue sharing?
I mean - what media company would want KickApps hands in their pockets - forever?
And hasn’t anybody told Randy Falco of Google’s disappointing ad revs from MySpace?
HA! Marc, you are always hilarious! I mean, hey, the truth is that everyone in the business of providing branded social networking solutions is having explosive evaluations - Look at Ning! Our sales and valuations went from disinterest a few years ago, to constantly having to respond to zillions of business pitch ideas, acquisition or mergers…I’m sure it’s just the start of it - I’m just mad because Leverage got the office space Netmodular wanted in south park! Now how are we going to be cool?
HA! Marc, you are always hilarious! I mean, hey, the truth is that everyone in the business of providing branded social networking solutions is having explosive evaluations - Look at Ning! Our sales and valuations went from disinterest a few years ago, to constantly having to respond to zillions of business pitch ideas, acquisition or mergers…I’m sure it’s just the start of it - I’m just mad because Leverage got the office space Netmodular wanted in south park! Now how are we going to be cool?
HA! Marc, you are always hilarious! I mean, hey, the truth is that everyone in the business of providing branded social networking solutions is having explosive evaluations - Look at Ning! Our sales and valuations went from disinterest a few years ago, to constantly having to respond to zillions of business pitch ideas, acquisition or mergers…I’m sure it’s just the start of it - I’m just mad because Leverage got the office space Netmodular wanted in south park! Now how are we going to be cool?