yaaay finally done.  strider bros at the beach.

ive been thinking about what raising dave twins would be like and given how much dave talks to himself i think they would be constantly babbling at each other, talking over each other, finishing each other’s sentences in these rambly extended metaphors and obscure references and occasional rap-offs that would sound like complete gibberish to anyone else

like basically never shut up

bro is used to it by now it has reached babbling brook levels of zen for him

Why Yammer Deal Makes Sense

Yammer has agreed to a $1.2B acquisition by Microsoft, as was rumored yesterday.

The work media, or enterprise social networks, marketplace is exploding. In December, Forester forecasted that work media will grow at a compound annual rate of 61% through 2016, reaching a market size of $6.4 billion, compared to $600 million in 2011. And with its current offerings — not withstanding the dominance of Sharepoint as a document repository, and the company’s numerous other enterprise software products — Microsoft did not have a horse in the race.

Yammer raised $85 million in February in a round valuing the company at more than $600 million, and has raised $142 million in all. So the investors would like to see a successful IPO, or a sale of $1B at sometime in the not too distant future. However, the recent Facebook IPO has somewhat dimmed the prospect of an IPO for tech companies in the near term.

My bet is that Microsoft has been dancing with Yammer for some time, trying to fill the empty spot in their enterprise jig saw puzzle, and all the while Yammer has been fending them off, biding their time. But the stars came into alignment: Yammer perhaps saw the IPO options fading somewhat and Microsoft finally piled enough cash on the table to sweeten the deal.

Yammer might have seen offers from a number of other companies in recent years, as other enterprise players were rolling up competitors, like the SalesForce buy of Socialcast, and the recent Citrix acquisition of Podio. I wouldn’t be at all surprised to find out that Oracle is on the hunt, and SAP has made a dramatic splash in this market in the past few months, albeit without making an acquisition, yet. Yammer might have looked at the rapid consolidation in the market by multibillion-sized competitors and deemed acquisition by Microsoft as one of the least-risky paths to potential market dominance. A Yammer/Sharepoint integration is a potential killer app for the market today, with hundreds of millions of seats to be sold.

And — incidentally — the Enterprise 2.0 conference is next week, which is the cornerstone event for the work media market, and someone mentioned to me (I haven’t substantiated it) that the Yammer and Microsoft booths are located side by side in the trade show hall. Is that coincidence?

We are in the middle of a $600 billion disruption, but hardly anyone has noticed. The once-staid world of enterprise computing is in silent convulsions, with incumbent giants being assaulted by startups that are building from scratch for a new era in which the cloud, mobile, and on-demand software will dominate. Hot companies such as Dropbox, Asana, and Atlassian will ascend to the throne, while the corpses of the old rulers – Microsoft, Oracle, SAP – will lie rotting in the gutter. The Great Replacement is beginning.

- Hamish McKenzie, The Great Replacement: Microsoft, Yammer, and a New World in Enterprise Computing via PandoDaily

Hamish inteprets Microsoft’s eagerness to acquire the work media company, Yammer, as something greater than the value of the business — even given its solid team, momentum, and product — but instead as part of a strategic vision of a ‘great replacement’ of the current generation of enterprise software. This transition may take a decade or more, but we will witness the slow dismantling of server-based software running onsite, and the migration to cloud-based solutions, like Yammer.

Hamish also points out that Microsoft has deep expertise in running massive cloud solutions, like HotMail, which they acquired in 1997.

I agree that players like Microsoft, SAP, and Oracle are not going to let themselves be squeezed out of the market by upstarts: they will buy a seat at the table, and cut the cards.

But we settle in for another winter. The best companies — Airbnb, Dropbox, Evernote, Spotify, and of course Twitter — are trapped with $1 billion-plus valuations. In some cases, the valuations are for multiple billions. What yielded a bragging press release at the time is now looking like a gilded trap: They have to go public, do a down round, or sell for a smaller price and largely be viewed as a failure. And that means — as Libin hinted last week — it may be in for another eight years before we see some mega-cap consumer Web exits.

Sarah Lacy, That was quick: After a brief flirtation, top entrepreneurs are back to hating IPOs

As I said at the time of the Microsoft acquisition, this is probably why Yammer was purchased instead of IPOing. Could they have gotten (and maintained) a $1.5B market cap, in this market?

hotass summer psa: if mormon missionaries come to your door give them a glass of water. politely decline lessons but at least give them a glass of water those poor boys on bikes live off tithing pennies and weekly letters from their mamas


We’re just two friends…

Two good friends…

Two best friends…

A Phlegmatic Response To Social Technology Consolidation

A Phlegmatic Response To Social Technology Consolidation

This is a story about Yammer, but from what I read online, it could substitute for the existential angst that comes from adopting, and fighting for, most transformative social technology, as apps and tools get swallowed up in the technology consolidation rush.


The community was once populated by a ragbag crowd of early social practitioners on a mission – both developers and customers. The…

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Yammer Pushes To Be The 'Enterprise Graph'

At Yamjam 2012 today, Yammer has announced the next iteration of its enterprise platform plans, called the Enterprise Graph. Yammer is a leading work media player, and was acquired earlier this year by Microsoft for over $1B.

This new generation of Yammer’s API is designed to allow enterprise software vendors to embed Yammer functionality into their apps. This is a real parallel to the Facebook platform strategy, and the idea is similar, allowing others to embed specific bits of Yammer functionality — such as activity streams, follow and like buttons, and pages —within those third party apps.

This functionality reminds me of Socialcast Reach, but a few years after that pioneering approach (perhaps a few years too early).

Obviously, Yammer and Microsoft are pushing aggressively to become the platform of choice for enterprise apps to become social, trying to take the high ground in the new battlefield in the work media marketplace.