In the past decade we have seen a number of entrepreneurship ideas surface. We have seen young tech enthusiasts struggle hard to make a mark with their startups right from looking for startup loans to coming up with pricing strategies to complete finance management. In a few years we have seen some of these startups getting acquired by the giants that rule the world.

When they were acquired, these enterprises were in the news, and everyone commended the brilliant startup business ideas of the founders. Indeed, being acquired by Google, Yahoo, and other such companies is not a joke. However, not all these acquired companies are living a grand life right now. Some of them are still going strong while others have become losers.

Let’s take a look at some of the biggest acquires and what their standing is right now:

Android

It was almost a decade ago in 2005 when Google recognized this less than 2-year-old startup and decided to acquire it. They acquired it for approximately $50 million and we all know that it is valued much more today with almost 80% of the world’s smartphones running on Android as of 2013. The two co-founders of Android are now working with Google as executives. Rich Miner is in Google Ventures while Andy Rubin is busy with robotics.

Geocities

We are sure not many of you even know about this but when it was acquired in 1999, it was considered to be one of the best entrepreneurship ideas. No wonder why Yahoo paid a whopping $3.6 billion for it! This was a website hosting platform that didn’t do all that well. Its popularity started decreasing steeply and the number of users dwindled. Finally, in 2009, Yahoo decided to shut it down. A big failure, this was!

Bebo

AOL purchased Bebo, a social networking site, in 2008 for $850 million. It was probably aiming to compete with Facebook because as of 2008, it had 40 million active users. However, within just 2 years, the site had to be closed because it barely had any users at all! As per latest news, the initial co-founders of Bebo repurchased their startup last year for a mere $1 million.

Dodgeball

Google bought Dodgeball in 2005. This was a social network based on location, much like the popular Foursquare. Keep in mind that Dodgeball came into existence before Foursquare did. However, Google had to shut it down in 2009 when the co-founder of Dodgeball said goodbye to Google and came up with Foursquare. We are all familiar with Foursquare today.

The bottom line here is that though these seemed like excellent entrepreneurship ideas to start off with, they either had stiff competition to face upon being acquired or they just failed miserably. In this list you can see that only Android has shown growth. Facebook, Google, Microsoft, and Yahoo have acquired quite a few startups in the recent past. Let’s wait and watch how they do in the coming years.

Entrepreneurial Learning

Tech giants constantly look to acquire promising startups and turn them into highly profitable enterprises. Sometimes it works and sometimes it doesn’t. Keeping a track will enable you to see just how volatile the tech world is.

Leave a Comment

Your email address will not be published.

You may also like

Growing a Business

Want Great Guidance ? Find yourself a Super Mentor

post-image

They are the gods of small businesses, those inspired individuals who have achieved the highest levels of success. They can be the shining beacons who light up the path of running your business with their vision, wisdom and wealth of resources and contacts. They are The Mentors.

If you are fired with the passion to take your business to great heights, the best thing to do is find yourself a super mentor. Here are some tips to help in your quest

Pinpoint your Need

Sit down and focus your thoughts on your business growth strategy. Which area of the business needs a lift. Is is staffing, is it the finances, is it the production, is it the your lack of customers or is it the business as a whole that needs a makeover. Once you’ve zoomed in on the sore spot, this is where you need…

Read More
Growing a Business

Dreaming Big? You can Move Mountains with these Business Productivty Tips

post-image

You may be full of admiration for some people who seem to manage themselves and their work so usefully and efficiently. They seem to fit in so much productive work into the same number of hours which everyone has.. Let’s look what makes them tick and take a few tips.

Learn to identify your most productive hours

Its true, most productive people know which time of the day they can be most creative and efficient. They identify and allot these hours for the best part of their work. This way they are able to give their 100% awareness to the job and business productivity.

Early to rise- A winning habit

Waking up early is a personal habit that has all the plusses on its side. You need not necessarily go to work that early. It’s a habit that gives you more time for personal care, like mediation, exercise, walking,…

Read More
Growing a Business

Leadership Qualities that can make you an Icon

post-image

You may have reached the leadership position through sheer dedication to performance and a do or die attitude . Now that you are at the top, your viewpoint needs to change. You have to now be a role model, one whom others will look up to and follow. Here are some tips that can shape your leadership and management skills

Be Competent: Employees will look up to a leader who has good industry knowledge and management skills. If you do not possess these skills you should surround yourself with knowledgeable people who can offer good counsel. Competence is a trait all employees will admire.

Be Trustworthy: No one will look up to a person they cannot trust. Your employees will want to rely on you and count on you. In difficult situations, leaders are expected to apprise their employees of the situations and find solutions on how to address…

Read More
Raising Money

Are You offering Your Services Using the Right Pricing Strategies?

post-image

In these times of fierce competition, business people , mostly those that offer services and belong to the service based industry, are finding it a challenge to implement the right pricing strategies. It is virtually a struggle to set the right business price that will retain and attract the customers, and not drive them away. Follow these tips, the crucial dos and don’t s and you may be in a much better position to offer your services at the best price.

Maintain your Business identity and Dignity

If you are offering a unique or special product or service, don’t underrate it just because you want to build a better relationship with the customer. This will just cheapen your offering as another run of the mill. If its something special you are offering the customer, then communicate this fact to the client and get the equation right with the most…

Read More
Raising Money

What is a Fair Wage? How Do you Assess Fair Wage?

post-image

How do you figure out a fair wage?

This is a very common question for startups and small businesses. They can’t seem to decide or understand how to set wages and manage reputations at a time. They are determined to pay well but they also have to think about encouraging their employees to stay with them for a long time. This is why there is a need to think strategically.

Listed below are a few expert tips to help you decide:

Don’t Focus Only on Money

Money should never be the main focus for you or for your employees. You should decide on the wages in such a way that your employees are tied to your business. When your business does well they should be able to taste that success and vice versa.

Also, think about additional perks such as exclusive benefits and time off. Many employees value this more than the overall…

Read More
Raising Money

Tips to Winning Hard Negotiations With Ease

post-image

While some negotiations are easy, others are quite hard to win. If you stumble you will lose.

Whether it is a potential client or an investor, negotiations can be very tough and frustrating. The problem is that the moment you let your frustration overwhelm you, you will lose the deal and you will give in to whatever is being offered to you. In order to avoid that, here are tips to overcome tough times and to win even the hard negotiations:

Research!

Know your opponent as well as possible. This is the rule no matter what you do. You should understand your opponent to the T. Who the person is, what his culture is, what he thinks, what he stands for, how is his network, etc. are the questions you should ask yourself and answer through research before meeting up for the negotiation. Understanding the opponent will give you a great advantage.

Walking…

Read More