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Power Sellers Unite
Bringing Buyers and Sellers Together
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psunite
Joined: 27 Jan 2005
Posts: 6213
Location: Columbus OH
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| Posted: Mon Oct 09, 2006 1:00 pm Post subject: If eBay buys StubHub, shareholders need to speak up |
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With the assortment of Web 2.0 companies popping up left and right these days, leave it to the larger, established web properties like eBay Inc. (NASDAQ:EBAY), Yahoo! Inc. (NASDAQ:YHOO) and Google to add to their existing product portfolios by means of acquisitions rather than organic growth.
Nothing to see here -- this is the common way to grow, as long as you don't spend too much money in the process. With recent rumors like Yahoo! spending $1 billion for FaceBook.com (still a rumor) and eBay's $3+ billion purchase of online voice communications provider Skype years ago, who are the folks doing ROI analysis on these purchases?
more.. link to news article |
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Patty00
Joined: 13 Dec 2005
Posts: 1018
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| Posted: Mon Oct 09, 2006 3:47 pm Post subject: |
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"If eBay buys online ticket marketplace StubHub for the rumored $300 million, the company better have a well thought-out and defined business plan for a purchase of that size."
The really scary part is that I used to think they did things after thinking them out well in advance....but after Skype, the stores fiasco, and unwillingness to weed out frauds on the site, to name a few, I know differently. |
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