Looks like someone was paying attention to the fact that Terry Semel was getting paid to let Yahoo! fall asleep at the wheel, let Google gain massive market share, and erase Yahoo! shareholder value:
Last year, $107.5 million in stock grants was given to Semel in lieu of a $1 salary, a year in which Yahoo stock dropped about 35%. That means he was paid $107.5 million for erasing over $15 billion in shareholder value!
Many have said that they were surprised FeedBurner wasn’t acquired before. But it looks like it just happened. TechCrunch reports Google acquired Feedburner for $100 million dollars. This will give Google additional insights into web measurement and activity (a great add-on to Google Analytics) and an additional way to help publishers monetize feeds through RSS feeds [define].
We’ll keep you informed as more details are released.
That’s like buying 10 Mona Lisas. (Probably seven, once you adjust for hedge fund dollars and inflation since 2005, when its value became wikiable.)
Back in April, Read/Write…