Comments on: The lessons of iLike’s low valuation http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/ Nic Brisbourne's view from London on venture capital and exploiting change in technology and media Sat, 11 Feb 2012 20:08:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Finance Geek » Notes on business sustainability – Joel Andren on Zynga http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6089 Finance Geek » Notes on business sustainability – Joel Andren on Zynga Fri, 20 Nov 2009 14:07:17 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6089 [...] have seen the danger of Facebook dependence before when iLike was only able to sell itself for $20m.  This point is not lost on Zynga who are pushing their own site Farmville.com quite hard and [...] [...] have seen the danger of Facebook dependence before when iLike was only able to sell itself for $20m.  This point is not lost on Zynga who are pushing their own site Farmville.com quite hard and [...]

]]> By: Finance Geek » Reminder – success equals profits http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5767 Finance Geek » Reminder – success equals profits Thu, 03 Sep 2009 10:13:21 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5767 [...] is a point I have come at from different angles a number of times before e.g. the importance of building sustainable value and On web business models, profitability and [...] [...] is a point I have come at from different angles a number of times before e.g. the importance of building sustainable value and On web business models, profitability and [...]

]]> By: brisbourne http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6584 brisbourne Fri, 21 Aug 2009 15:40:13 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6584 I agree Rob, and the post I am writing now makes the same point! Albeit from a different angle. I agree Rob, and the post I am writing now makes the same point! Albeit from a different angle.

]]> By: Rob Wilmot http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6583 Rob Wilmot Fri, 21 Aug 2009 15:25:31 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6583 A couple of old adages here: 'It's worth what someone is willing to pay it' and 'you can't count on the cash until it's in the bank'. ILike are taking deal. If they hung on then they may have got a better one. As for Friendfeed - they knew their value as a aggregator and so did Facebook. Companies such as Facebook and Twitter need to keep eyeballs on their sites to support thier fragile advertising numbers. With agregators providing access to social media traffic in one convenient viewing and interaction space, the source sites are in danger of doing all the work for no pay. Owning an aggregator puts you back in command of the eyeballs,whilst a the same time piggybacking in the efforts of you competitors. Shrewd move Facebook. A couple of old adages here: 'It's worth what someone is willing to pay it' and 'you can't count on the cash until it's in the bank'. ILike are taking deal. If they hung on then they may have got a better one. As for Friendfeed – they knew their value as a aggregator and so did Facebook. Companies such as Facebook and Twitter need to keep eyeballs on their sites to support thier fragile advertising numbers. With agregators providing access to social media traffic in one convenient viewing and interaction space, the source sites are in danger of doing all the work for no pay. Owning an aggregator puts you back in command of the eyeballs,whilst a the same time piggybacking in the efforts of you competitors. Shrewd move Facebook.

]]> By: Joe Charakupa http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6582 Joe Charakupa Fri, 21 Aug 2009 14:31:19 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-6582 I'm guessing, but I think iLike's founders and investors probably knew the value of the company they were building. That they cashed out a slightly profitable company at $20 million with other bidders on hand seems to suggest that they got what they were looking for and where not unhappy with the price. It would have been easy for them to move along thinking they'd grow and/or get more down down the line.<br><br>This however is a lesson to the tech media, analysts and all those who build copy cat businesses. Hype does not equate to a high valuation. It seems iLike (quite rightly) didn't believe the hype. I'm guessing, but I think iLike's founders and investors probably knew the value of the company they were building. That they cashed out a slightly profitable company at $20 million with other bidders on hand seems to suggest that they got what they were looking for and where not unhappy with the price. It would have been easy for them to move along thinking they'd grow and/or get more down down the line.

This however is a lesson to the tech media, analysts and all those who build copy cat businesses. Hype does not equate to a high valuation. It seems iLike (quite rightly) didn't believe the hype.

]]> By: iLike didn’t believe the hype @ Stunted By Reality http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5715 iLike didn’t believe the hype @ Stunted By Reality Fri, 21 Aug 2009 10:36:38 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5715 [...] Brisbourne the London based venture capitalist yesterday blogged about the lessons of iLike’s low valuation. The gist of the article was that iLike, a business based around a Facebook app that allows users [...] [...] Brisbourne the London based venture capitalist yesterday blogged about the lessons of iLike’s low valuation. The gist of the article was that iLike, a business based around a Facebook app that allows users [...]

]]> By: brisbourne http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5716 brisbourne Fri, 21 Aug 2009 09:40:13 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5716 I agree Rob, and the post I am writing now makes the same point! Albeit from a different angle. I agree Rob, and the post I am writing now makes the same point! Albeit from a different angle.

]]> By: RobWilmot http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5714 RobWilmot Fri, 21 Aug 2009 09:25:31 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5714 A couple of old adages here: 'It's worth what someone is willing to pay it' and 'you can't count on the cash until it's in the bank'. ILike are taking deal. If they hung on then they may have got a better one. As for Friendfeed - they knew their value as a aggregator and so did Facebook. Companies such as Facebook and Twitter need to keep eyeballs on their sites to support thier fragile advertising numbers. With agregators providing access to social media traffic in one convenient viewing and interaction space, the source sites are in danger of doing all the work for no pay. Owning an aggregator puts you back in command of the eyeballs,whilst a the same time piggybacking in the efforts of you competitors. Shrewd move Facebook. A couple of old adages here: 'It's worth what someone is willing to pay it' and 'you can't count on the cash until it's in the bank'. ILike are taking deal. If they hung on then they may have got a better one. As for Friendfeed – they knew their value as a aggregator and so did Facebook. Companies such as Facebook and Twitter need to keep eyeballs on their sites to support thier fragile advertising numbers. With agregators providing access to social media traffic in one convenient viewing and interaction space, the source sites are in danger of doing all the work for no pay. Owning an aggregator puts you back in command of the eyeballs,whilst a the same time piggybacking in the efforts of you competitors. Shrewd move Facebook.

]]> By: Joe Charakupa http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5712 Joe Charakupa Fri, 21 Aug 2009 08:31:19 +0000 http://www.theequitykicker.com/2009/08/20/the-lessons-of-ilikes-low-valuation/#comment-5712 I'm guessing, but I think iLike's founders and investors probably knew the value of the company they were building. That they cashed out a slightly profitable company at $20 million with other bidders on hand seems to suggest that they got what they were looking for and where not unhappy with the price. It would have been easy for them to move along thinking they'd grow and/or get more down down the line.<br><br>This however is a lesson to the tech media, analysts and all those who build copy cat businesses. Hype does not equate to a high valuation. It seems iLike (quite rightly) didn't believe the hype. I'm guessing, but I think iLike's founders and investors probably knew the value of the company they were building. That they cashed out a slightly profitable company at $20 million with other bidders on hand seems to suggest that they got what they were looking for and where not unhappy with the price. It would have been easy for them to move along thinking they'd grow and/or get more down down the line.

This however is a lesson to the tech media, analysts and all those who build copy cat businesses. Hype does not equate to a high valuation. It seems iLike (quite rightly) didn't believe the hype.

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