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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. Zynga and OMGPOP.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. High tax rates on corporate gains meant that the best way to spend profits was to make acquisitions.

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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

ViewSonic Airpanel Smart Display V110, Microsoft (2003). Enter the Nook, their attempt at staying relevant and maybe even reclaiming some of their lost market share from the online retailer. P’zone, Pizza Hut (2003). Nokia N-Gage, Nokia (2003). Back in 2003, we weren’t all playing games on our phones.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. went public in March of 2017 at a $25B valuation, it was the second-highest valuation at exit of any social media and messaging company since 1999. When Snap Inc.

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