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With GroupMe’s acquisition, zero revenue companies are back in style

26 pointsby bondalmost 14 years ago

3 comments

damonpacealmost 14 years ago
I see this as a talent/technology grab instead of a revenue play. Obviously, Skype will be able to integrate the technology and find a way to monetize it with their user base. There have been multiple companies purchased before they even launch a product. What's the difference?
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EGregalmost 14 years ago
I don't think it's zero-revenue companies. I think it's group messaging apps that actually got traction and users.<p>Beluga Kik Messenger GroupMe<p>all of them got snapped up in short order. There is obviously a demand for the team and the userbase.
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sabatalmost 14 years ago
<i>could be the first indication that the zero-revenue company is back in style.</i><p>I'm not sure that "it happened this one time" equates to "back in style".