|
Yahoo! recently needed only 12 hours to purchase Bix (which is led by Mike Speiser, who founded Epinions) and, so the rumor goes, also to purchase MyBlogLog in the same 12-hour period. The buys are representative of not only Yahoo!, but also other Silicon Valley heavyweights, which are gobbling up interesting concepts and companies from the huge Web 2.0 landscape and treating the latter as an extended research and development laboratory. There is a huge buzz about the level of mergers and acquisitions in Silicon Valley, with such bloggers as Boria, for instance, asking on Techcrunch Whos next to be yagobbled? Another blogger said the deals are too cheap, and a third wants to know why nobody seems any longer to want to grow a business, innovate, choose his or her own future, and avoid getting sucked into Yagoogle, where all their innovativeness stops. Ralph sums up by calling the M&A activity interesting, and possibly similar to a new Internet Bubble. Ralph also says the big Web companies are collecting companies and hoping to get rich. However, it could also be more of a natural progression of a market that is maturing, and not a bubble. Ralph wonders if the gobbling up of the small fish by the large fish could be the natural next step for Web site development.
|
Information Sources, Inc.
![[Get Copyright Permissions]](http://license.icopyright.net/images/icopy-w.gif){kind=small}