After reading the Top 10 Worst Internet Acquisitions, Part 1 and Part 2, I could not help but come up with this list and offer you the following ten “best” Internet acquisitions of all time.
Criteria:
- My background and experience lies in search, video and online advertising, so naturally there is a skew there.
- Expensive is relative, but not overpaying is a major criteria.
- People matter in all deals, so a good “acq-hire” is sometimes worth more than a deal that is accretive to earnings.
- Take out a competition? Always good!
- Buy low, sell high? We’re impressed.
- Allows parent / acquirer to enter a whole new market with one deal? You have our attention.
- We’re avoiding partial acquisitions, otherwise Google’s 5% investment in AOL for $1B would be high on this list, for defensive purposes.
- Also, we will try to avoid speculation: ie. YouTube/Google is way too young to really be judged.
- To avoid a disclosure-laced post, all disclaimers, FYI, etc. are posted at the end.
- Last but not least: like with all lists, I am sure I am forgetting a big one, so feel free to comment; as with all posts, comments are open but moderated to avoid for spam… I’ll check in later and approve everything that is not spam: good, bad and ugly.
Go to the first one HERE.