Aviate joins Yahoo(blog.getaviate.com)
blog.getaviate.com
Aviate joins Yahoo
http://blog.getaviate.com/post/72586543194/aviates-going-to-get-better-faster-with-yahoo
9 comments
This might be out of context, but a question though. How this companies get bought? Of course, building a great product is part of it. But are they shopping around, emailing / visiting bigger companies to buy them? Or they will just wait until some bigger company contact them and have some negotiations?
This is one of the 'features' of Technology companies in general and Silicon Valley in particular.
When a company raises funding, either seed or a series A round with a venture firm, they become tied into a giant loose web of relationships which provides things like introductions, heads up on quality candidates, and general interest queries. This is further enhanced by the somewhat astonishing mobility of talent from company to company.
So when a company says "Hmm, we really need to get into X" they can tap that network to see who is out there doing that and how well they are doing it.
Sometimes an investor wants to 'close out' their investment and they will approach a friend on another board or a friend of a friend looking for "ideas", other times people just meet at a social event and decide they should work together. Large firms have a group that is nominally called something like 'Corporate Development' which is code for acquiring companies to fill gaps or needs.
During times of scarcity when folks are looking for talent, under capitalized companies are seen as a good place to 'pick up an entire team' of engineers.
The classic way to connect into this 'web' is to go through the process once, which is start a company (or join one), connect with the funding folks at company and social functions, and have an idea of what you're trying to achieve. An 'agenda' if you will.
When a company raises funding, either seed or a series A round with a venture firm, they become tied into a giant loose web of relationships which provides things like introductions, heads up on quality candidates, and general interest queries. This is further enhanced by the somewhat astonishing mobility of talent from company to company.
So when a company says "Hmm, we really need to get into X" they can tap that network to see who is out there doing that and how well they are doing it.
Sometimes an investor wants to 'close out' their investment and they will approach a friend on another board or a friend of a friend looking for "ideas", other times people just meet at a social event and decide they should work together. Large firms have a group that is nominally called something like 'Corporate Development' which is code for acquiring companies to fill gaps or needs.
During times of scarcity when folks are looking for talent, under capitalized companies are seen as a good place to 'pick up an entire team' of engineers.
The classic way to connect into this 'web' is to go through the process once, which is start a company (or join one), connect with the funding folks at company and social functions, and have an idea of what you're trying to achieve. An 'agenda' if you will.
Aviate Team comes from Google (Google Play PM and Search Engineer). I would think right people at Yahoo Knew the talent and want it.
http://getaviate.com/team.html
Congrats to the team. Great Product and team.
http://getaviate.com/team.html
Congrats to the team. Great Product and team.
You might be right. So this is the case for Aviate. How about other startups?
I am sure the same is true for all the other acquired companies. If you look through all startup acquisitions, the pattern is the same. You rarely see startups that haven't raised capital get acquired, unless they are actually successful.
Everyone under this branch made good points. Graduated from a top company with valuable experience is definitely a plus for this kinda scenario, but from my experience it's not a must.
Interestingly, just yesterday Evan Spiegel (CEO of Snapchat) posted a screenshot of his e-mail introduction to Mark Zuckerberg (who is strongly rumored to have offered 4 billion for the company).
The screenshot is here: https://pbs.twimg.com/media/BdU892zCAAEXy-q.png:large
The screenshot is here: https://pbs.twimg.com/media/BdU892zCAAEXy-q.png:large
Congratulations to Aviate. I think they're just a new company, I'm not sure.
I really love their home screen and I was afraid that Yahoo might shut them down. If that's the case I don't have anything to replace from Aviate. I like the combination of Aviate as home screen and Cover[0] as my lock screen.
[0] https://www.coverscreen.com/
I really love their home screen and I was afraid that Yahoo might shut them down. If that's the case I don't have anything to replace from Aviate. I like the combination of Aviate as home screen and Cover[0] as my lock screen.
[0] https://www.coverscreen.com/
I've really wanted to try it, but never got a beta invite:)
You now have a chance. They are giving away some codes right now: https://www.facebook.com/aviateapp/posts/195912073936304
Sweet! That did the trick.
Code is "YAHOO"
I have a few invites. Send me an email(in profile).
> Today, we are absolutely thrilled to announce that Aviate is being acquired by Yahoo. Don’t worry, Aviate isn’t going anywhere.
whats the over under for companies that get purchased by google/yahoo/apple/microsoft and never see anything more from them?
I think it depends on how much they pay for it. If the price is high, then they want the product. If the price is low, they want the people. Of course even if the price is high, sometimes companies muck it up anyway.
If the price is high they want the user base.
I don't think big companies care too much about a product in itself. They care about the team (which created a good product) and/or a userbase.
I don't think big companies care too much about a product in itself. They care about the team (which created a good product) and/or a userbase.
Good point - I hadn't considered the userbase. But don't they lose the userbase if they crap on the product after it's been acquired?
Absolutely. I consider that a failed acquisition -- which many companies do. Yahoo!, for example, had done this a lot in the past with their acquisitions.
The worst is they shut down the product and the team was assigned work in unrelated area. I would say most of the time these companies just want to control the future of the product, it's more a defensive act.
It's not a bad product, but they don't actually care for treating even bug reports of the most simple and obvious kind respectfully. Somehow i doubt merging into Yahoo is gonna fix that.
Now, how long until they close down?
Yahoo has repeatedly proven it is not a safe location for any service; it is even worse than google in that respect.
Yahoo has repeatedly proven it is not a safe location for any service; it is even worse than google in that respect.
I'm interested to know if this activity will bring any viability or perhaps tempt Apple into allowing greater access to their lock screens?
Can someone please explain why these corporations buy companies for a product they can build themselves for (usually) less money?
I've been using this for the past few weeks and like it. Hope yahoo lets them continue on their own.