Bear Stearns analyst Robert Peck recently wrote “We believe that Yahoo needs to acquire or partner with a social networking site relatively soon or risk being marginalized in some of its businesses.”
This is because something like sixty percent of Internet users in the world are active on a major social networking site.
But, really, it’s too late to acquire what currently looks like (and is called) social networking (. . . that’s why the analysts are talking about it). Yahoo! needs to start building the next form of software that connects people, and I hope they already are. Or if they’re going to acquire it, then they should make a few acquisitions that give people whiplash. Yahoo! should reinvent this space - they have the DNA, they have the culture.
But I wouldn’t pay much attention if I were them to what analysts think they should of done yesterday.
- BROWSE / IN TIMELINE
- » Mashup between Last.fm and Amazon
- BROWSE / IN Red
- » Mashup between Last.fm and Amazon
- RELATED / YOU MIGHT FIND THESE INTERESTING No related posts
Add New Comment
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Add New Comment
Trackbacks