Twitter to buy Summize.com(joshchandlerblog.blogspot.com)
joshchandlerblog.blogspot.com
Twitter to buy Summize.com
http://joshchandlerblog.blogspot.com/2008/07/twitter-to-buy-summizecom.html
5 comments
He who thinks twitter is acquiring summize for the technology is foolish.
Care to elaborate?
I'd guess he means they are buying the people, not necessarily the tech.
Seems to be an odd purchase. They already have access to all the data, how hard is it to write a simple search layer?
I'm always a little surprised at comments like this regarding a software/technology acquisition. This sort of thing is rarely about whether or not they "can" reproduce the technology, but how much value it would be for them to have versus the opportunity costs of working on it.
Right now, Twitter is flush with cash from their recent funding. They need to continue their growth and their best engineers are obviously working to keep the site alive rather than designing new features.
As such, it makes lots of sense to add features through acquisition given their circumstances. This particular feature has been tried and tested to work with their existing infrastructure. Because it builds on their API, they also don't have to worry about the design breaking during their internal scalability refactoring.
This deal makes lots of sense to me and I would expect to see more of this from them as they fight to keep aloft.
Right now, Twitter is flush with cash from their recent funding. They need to continue their growth and their best engineers are obviously working to keep the site alive rather than designing new features.
As such, it makes lots of sense to add features through acquisition given their circumstances. This particular feature has been tried and tested to work with their existing infrastructure. Because it builds on their API, they also don't have to worry about the design breaking during their internal scalability refactoring.
This deal makes lots of sense to me and I would expect to see more of this from them as they fight to keep aloft.
its search not rocket science. Unless the acquisition is in the low 5 digit figures, it's probably a waste of money. Acquisitions are usually about getting the seller's user base or some unique piece of technology/patent, which is not the case here.
5 digit figures? How are you getting that? How many full-time engineer "months" do you think Twitter would need to pay to get something as scalable as Summize? Who will test that it's ready to go live before the patience-thin Twitter user base?
How much money would be spent on the scalability testing to see if the service can handle an Apple WWDC without crippling the rest of Twitter?
I think you're greatly underestimating what they did with Summize. It's not rocket science, but there's real (and tried-by-fire) value there for Twitter. Summize didn't get $750k in angel funding to sell to someone in low 5 digits.
We're talking about live search over a medium completely made up of small, frequent text messages. Real-time searching increases Twitter's value as the instantaneous information source it has become. They don't have a lot of strengths to build on, but that's definitely one of the most valuable things Twitter has to offer and Summize augments that.
No brainer: buy Summize for a 2-4 million, add their search tools, get some of their engineers helping in the scalability problems, improve the API based on their feedback, have some of them continue working on their lab prototypes, and keep growing.
How much money would be spent on the scalability testing to see if the service can handle an Apple WWDC without crippling the rest of Twitter?
I think you're greatly underestimating what they did with Summize. It's not rocket science, but there's real (and tried-by-fire) value there for Twitter. Summize didn't get $750k in angel funding to sell to someone in low 5 digits.
We're talking about live search over a medium completely made up of small, frequent text messages. Real-time searching increases Twitter's value as the instantaneous information source it has become. They don't have a lot of strengths to build on, but that's definitely one of the most valuable things Twitter has to offer and Summize augments that.
No brainer: buy Summize for a 2-4 million, add their search tools, get some of their engineers helping in the scalability problems, improve the API based on their feedback, have some of them continue working on their lab prototypes, and keep growing.
Whoa-- so untrue.
What do you think it costs to hire a good engineer? How about a good engineer who is already pretty intimately familiar with your offering's API? What about a collection of good engineers that are already used to working together?
What do you think it costs to hire a good engineer? How about a good engineer who is already pretty intimately familiar with your offering's API? What about a collection of good engineers that are already used to working together?
Apparently as hard as it is for them to scale :).
Touche. But since Summize is tapping their API, they are already paying for Summize to scale. Fun how that works.
Probably not. Summize is probably using the Twitter "fire hose" API, which, I believe, uses ejabberd. Therefore, it (hopefully!) doesn't take much for Twitter to provide this information. Summize had to solve the problem of scaling up its indices by itself.
A lot of times, buying a company is just a fancy way to hire a bunch of good people. In this case, it would be people with good product development skills who are thinking a lot about the same problems Twitter is. Sounds like a good fit to me.
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Summize is a trivial feature given Twitter. But if you think about it, Twitter is also a trivial feature given Summize. Summize is WAY more reliable. Let's hope that the technical leadership goes in the opposite direction as the cash!
Bummer. You made me realize that I'll never get to search Plurk, identi.ca, etc. with Summize.
Why bother purchasing a search layer when they can't even scale right...they're not prioritizing
They are probably worried about what happens if they continue to not be able to scale. If they add search, perhaps they can charge money for people data-mining tweets, and get some cash to continue to focus on scaling.
Right now Twitter needs to keep current users excited, because we're all really tired of Twitter's downtime. The only thing keeping us on Twitter is the other Twitter users. If a critical mass of users leaves, Twitter becomes a distant memory. They are probably trying to avoid that by adding features that don't kill their current database.
Just speculation, of course. Sometimes it's a good idea to assume that they are making a good move instead of thinking that you're clearly smarter than them and they are "teh fail" for doing this.
Right now Twitter needs to keep current users excited, because we're all really tired of Twitter's downtime. The only thing keeping us on Twitter is the other Twitter users. If a critical mass of users leaves, Twitter becomes a distant memory. They are probably trying to avoid that by adding features that don't kill their current database.
Just speculation, of course. Sometimes it's a good idea to assume that they are making a good move instead of thinking that you're clearly smarter than them and they are "teh fail" for doing this.