When In Doubt, Buy A Company!
Microsoft bids $44.6 BILLION for Yahoo.
Great idea! Those big company mergers are always a great solution! That AOL/Netscape deal went so well...and Sprint/Nextel is showing record profits…(oh, wait…huh, No and uh, No.)
Yahoo? Are they still in business?
“Not a single company that qualified as having made a sustained transformation ignited its leap with a big acquisition or merger. Moreover, comparison companies—those that failed to make a leap or, if they did, failed to sustain it—often tried to make themselves great with a big acquisition or merger. They failed to grasp the simple truth that while you can buy your way to growth, you cannot buy your way to greatness.” —Jim Collins/Time/2004 (via Tom Peters)
Read More: Vindu’s View: Google would be big winner from a Microsoft-Yahoo deal
Tags: business development, mergers, Microsoft, Yahoo







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