I can see that with Twitter, but Google? How is Google adrift?
Re:Yahoo Acquires Polyvore
by anotherangrydev on Saturday August 01, 2015 @10:11PM
(#9989463)
I see Google a little adrift in many of their new ventures, from Google+ to date. But, however, they maintain a pretty solid strategy in the fundamental products that generate most of it revenue, which is pretty much the ad market.
I think that the urge to diversify their money, coupled with, "well, we have a lot of money" is causing Google to invest in many things that eventually turn to dead-ends. That makes Google seem a little adrift, from my perspective, but nothing that would put their business at risk.
Polyvore is far from a "fashion startup". It has a very substantial user base and their whole proposal allows for very natural (and kinda cool) monetization strategies. Also, we don't know how much Yahoo paid for it, it could've been a real bargain; apparently around 60M, kind of cheap if you consider they've been pulling profit from years now.
You want examples of real companies that seem to be adrift? Try looking at Twitter. Or Google (although they have some real good products that keep the ship floating).