News for hackers. Stuff that matters.

A comment on The Summly deal makes no sense. Parent comment

Re:The Summly deal makes no sense by larrik on Tuesday March 26, 2013 @11:25AM (#5443885)
That's a perspective that hadn't occurred to me (I'm not actually in startups or Silicon Valley). Sounds like a conspiracy theory, but it's believable.

It does not, however, mean shareholders can't/shouldn't complain about throwing money away, though.

[ Parent | on HN ]
Re:The Summly deal makes no sense by bitcartel on Tuesday March 26, 2013 @03:06PM (#5445370)
I'm sure Yahoo employees are asking questions too.

$30 million could be spent on building daycare for all Yahoo mums and dads who can no longer work from home.

[ Parent | on HN ]
Re:The Summly deal makes no sense by gavanwoolery on Tuesday March 26, 2013 @05:36PM (#5446221)
Yep, it sounds like a conspiracy to me as well. :)

The one thing that I have learned about corruption is that at least small instances of it occur everywhere, even if its not "the norm." Wherever there is way to make money, people might very well be doing it.

And yes you are right although I tried to imply that shareholders were the ones being screwed - this is obviously unfair to shareholders, whether the transaction is corrupt or not.

[ Parent | on HN ]