Success is really doing what you love and doing it well
December 5th, 2006“Success is really doing what you love and doing it well.” - Warren Buffett
“Success is really doing what you love and doing it well.” - Warren Buffett
Don Dodge thinks Yahoo’s 2003 acquisition of Overture was 8th worst billion dollar acquisition of an Internet company. I would probably put it at the top of my best billion dollar Internet acquisitions list (if I did keep such a list). Yahoo got Overture at a low valuation (about 2x revenue) and gave Yahoo major revenue from the get-go and a lot of customer relationships. Even with Yahoo’s investment in Panama (arguably Yahoo! has invested too little in improving Overture’s search monetization, see the gap between Google and Yahoo in search monetization) that is a major, major asset that will/have generated economic profit that justifies the purchase price.
Hans Kullin on social networking sites and Alexa pageviews.
There are a lot of problems with looking at Alexa pageview numbers for social networking sites (or any site). Alexa has a funky way of measuring pageviews (looking at accessed unique URL:s instead of counting pageviews). In addition Alexa has self-selection bias which seems to an advantage to English sites as well as sites popular among geeks.
I wouldn’t use Alexa for other data than the ranking. I.e. Site X seems to be larger/smaller than Site Y. But still discount the numbers for geek sites when comparing them with non-geek sites.
LunarStorm in Sweden have had increased competition from primarily Playahead, but the drop seems to be more of an Alexa measuring issue than reality.
tags: Alexa, web analytics
“Since one fails often, address markets that make it worthwhile when one does succeed.” - Vinod Khosla
“The right way to build a company is to experiment in lots of small ways, so that you have plenty of room to make mistakes and change strategies.” - Vinod Khosla
I’m in Copenhagen to reboot. You can reach me at +46-708-105742 (call or text). Or say hello to this guy:

I do most of my blogging about the net/Web 2.0/web biz in Swedish, so head over to my Swedish blog if you can understand the language. What I do/have done on my homepage.
tag: reboot8