] HipMojo.com » MSFT: Boiling the Ocean, Four Drops at a Time

MSFT: Boiling the Ocean, Four Drops at a Time

Today MSFT acquired, sit down, grab a pen and pencil paper, 4% of CareerBuilder.

That’s right, 4%.

Note than CareerBuilder is set to pay MSFT $433M over the next seven years in a marketing deal. 

But MSFT, who is looking at adding some pizzazz into their Web strategy just bought 4% of a company that is not even necessarily the leader and is owned by a myriad of newspaper companies.

Yes, this is sarcasm at its worst. 

When I sold my MSFT stock, the stock had risen 30% and I did not anticipate it moving much past $30/share.  I also thought that no matter how successful Vista might be, software was simply not sexy, the Web was, and MSFT would need a couple of grand slams to change people’s perception about it being your daddy’s software business and not your little kid brother’s favorite Web company.

Yes, that was an analogy at its worst. 

But, you get the idea.

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Posted By: Ashkan Karbasfrooshan | May 9th

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