Re:Stack Overflow sold to Prosus for $1.8B
by geonic on Wednesday June 02, 2021 @12:10PM
(#27370394)
Is there really so much money in SO to justify $1.8B? AFAIK they just run some some ads and show relevant job offers.
[ Parent
| on HN ]
Re:Stack Overflow sold to Prosus for $1.8B
by tnolet on Wednesday June 02, 2021 @12:21PM
(#27370547)
It's in the top 50 websites of the world. Probably worth something. https://www.alexa.com/topsites
Re:Stack Overflow sold to Prosus for $1.8B
by lurkerasdfh8 on Wednesday June 02, 2021 @12:35PM
(#27370755)
This is the only correct answer, IMO.
all the other pundits miss that if the deal was for existing source of revenue, it would have been priced as modestly as those are.
Re:Stack Overflow sold to Prosus for $1.8B
by stjohnswarts on Wednesday June 02, 2021 @06:25PM
(#27374812)
So you think there will be 4-5x as many ads and "click tiny [x] to actually see the contents" ads ? I don't see how else they can leverage the platform to make significant cash.
Re:Stack Overflow sold to Prosus for $1.8B
by lurkerasdfh8 on Friday June 04, 2021 @04:07PM
(#27398513)
I don't think anything :) just that the price, if it were reflecting existing revenue sources, would be much lower.
The seller and buyer both agree that the promise of something else is what was traded, as the price proves.
Re:Stack Overflow sold to Prosus for $1.8B
by LunaSea on Wednesday June 02, 2021 @12:44PM
(#27370868)
Is it though? Genuinely curious.
It has been show time and time again that users of free websites likes this won't pay and ads are only worth so much.
Re:Stack Overflow sold to Prosus for $1.8B
by mikeryan on Wednesday June 02, 2021 @12:15PM
(#27370450)
The jobs feature is pretty valuable and brings in significant revenue, it’s not something to scoff at. Being able to target and screen developers is a great HR tool.
There are likely a lot of companies with lower revenues and higher valuations.
Re:Stack Overflow sold to Prosus for $1.8B
by GarethX on Wednesday June 02, 2021 @12:33PM
(#27370731)
It’s because of their Teams product - https://techcrunch.com/2021/03/17/stack-overflow-adds-a-free...
Re:Stack Overflow sold to Prosus for $1.8B
by rambambram on Wednesday June 02, 2021 @12:22PM
(#27370566)
Just wait till you have to pay big time for your programming answers. 1,800,000,000.- is a lot of benjamins to earn back.
Re:Stack Overflow sold to Prosus for $1.8B
by digianarchist on Wednesday June 02, 2021 @12:26PM
(#27370630)
Re:Stack Overflow sold to Prosus for $1.8B
by MangoCoffee on Wednesday June 02, 2021 @12:24PM
(#27370604)
search any programming related on google always have some stockoverflow links. stockoverflow rank pretty well with search engine. i think that alone is already worth a billion.