Google Acquires Like.com

Re:Google Acquires Like.com by bl4k on Friday August 20, 2010 @09:44PM (#1622068)

For a company with $50M in revenue and $50M raised in venture funding, $100M is not a very big acquisition. It is interesting that despite the big revenue figures, it is never mentioned if Like.com is profitable - so we can only assume that it isn't and this acquisition is another asset sale.

Google offered them $30-40M before they launched in '05. They should have taken that.

Back then Munjal (the CEO) was writing an interesting blog about starting Riya - worth reading the old posts: http://munjal.typepad.com/

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Re:Google Acquires Like.com by patio11 on Friday August 20, 2010 @10:28PM (#1622126)

Any sale of a search engine to Google is an asset/talent sale, right? They're not going to operate a competing search engine brand (aside from that one they do user testing at) -- they're going to assimilate its technological and biological distinctiveness into their own.

Google has 23 billion a year in revenue, substantially all of it from two products. Operating an internal competitor to Product #1 will not move the needle. Its, quite literally, less likely to make them less money than changing the shade of blue they use.

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