Here is something different and quite bold at the same time. In the overwhelming majority of cases, which include the promising startups, the talented entrepreneurs cannot wait to sell their concept to the first serious buyer. As usual, the buyers are the major IT players, who do not have problems with the payment itself.
However, the Cyanogen has said NO to Google. In the IT world, one no can echo much wider and louder than any yes, which included the six or seven figure takeovers. If you recall, not to so long ago Snapchat turned down Facebook’s offer, which was worth $3 billion, without even blinking to it.
Is Cyanogen in a similar position? At this point, that is a little bit hard to say. Cynaogen plans to go out and collect no less than one billion dollars for the future development. That is a bold plan, no question about it. On the other hand, Snapchat has turned down $3 billion, but it has received a Yahoo’s investment of $300 millions.
The current estimated value for Snapchat is more than $10 billions. Cynaogen is on the something real, but it still has to go through a thorny path in order to achieve its goals. Who dares wins. Can this be true for Cyanogen, as well? Let us wait and see. For the time being Google will have to wait a little bit longer.
It turns out that the Intel’s competition “Make It Wearable” was an extremely fruitful ground for some of the fantastic ideas. One of them definitely deserves our undivided attention. The last time we checked the IT drones were the size of a plane. This one will be a size of a butterfly. What can it do?
Well, believe it or not, you will be able to wear a bracelet on your wrist. Almost like a traditional watch. The difference is that there will be a mini flying drone with a tiny camera. It is supposed to fly and take a photo of you. Then it will land back on your arm nice and smooth. Is this SF or what?
It seems that Intel is dead serious about this project. Intel will support the development of this mini-drone with $50,000 and some of its own computer chips. This is really an encouraging thing. Almost anything you can possibly think of can become a reality. Today in the movies, tomorrow in real life.
For what is worth, our sky will be crowded with a guarantee. Amazon, Facebook, Google, and now Intel has announced their airborne plans. We sure hope there is a clear plan of what needs to be done in order for these busy little and big bees to fly around without any problems. The era of drones has begun.
The SnapChat is a huge teenage star. No wonder so many major IT players have knocked on its door. Apparently, in vain. According to some serious rumors both Facebook and Google were among these “door’s knockers”. Yet, the SnapChat did not even want to blink for $3 or $4 billion dollar offers.
The time has proved the SnapChat right. The newest estimates say it is worth at least $10 billions. You do not have to be a rocket scientist to know what it means, do you? It means, you do not need big name investors, but rather serious investors. And, this is how we have Yahoo involved in this story.
How? Well, Yahoo is very likely to invest $20 millions in SnapChat. Do not allow yourself a luxury of underestimating Yahoo in this investment game. Yahoo is not carrying any gifts to feed the SnapChat’s vanity or make fun of Google and Facebook. It is about something very serious, but what exactly?
Here is a nice reminder. Back in 2005, Yahoo had invested one billion of dollars not emails in the Chinese dragon Alibaba. That was a compensation for the 40% of its net worth. Nowadays, not even one decade later Alibaba’s estimated worth is more than $200 billions. Not emails, but dollars.
What is your first impression when you hear something new about Google, Amazon or Facebook drones? Do you think about mosquitoes or birds, in terms of size? How big they need to be in order to function for years with no need to land? All they would need is the sun and some nice weather.
Well, Facebook will make you to think bigger. How about the Boeing 747 size? Does this change your perception completely? We know what is the reason for these drones to be airborne in the first place. Every single corner of the world, no matter how remote it may be, will get its own access to the Internet.
That is nice and noble. Yet, what is going to happen with the crowded sky all over Africa, South America and Asia? How this flying circus is going to function in real life? Maybe, we will get tired of drones, which deliver both the Internet and bombs? Now, we have a completely different situation.
Who is the most suitable candidate to be our next SkyNet candidate: Facebook, Google or Amazon? Why this sudden airborne interest among the major IT players? Perhaps, we spend too much time staring at the sky that we miss the real troubles happening at our very doorsteps. So many eyes in the skies.