Apple to acquire Waze?

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waze please say no to Apple

Postby baba492 » Thu Jan 03, 2013 3:53 pm

I don't want Apple buying this wonderful app. Why good free things can't last man
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Re: waze please say no to Apple

Postby camrun91 » Thu Jan 03, 2013 4:04 pm

No one ever said that apple would change the app. I personally feel that if apple allows waze to operate as it has been only with apple backing financially and having access to the map system that it has great potential to make both a whole lot better.
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Re: Re: Re: Apple to acquire Waze?

Postby Colonel667 » Thu Jan 03, 2013 6:44 pm

Poopstick wrote:I see investors as a threat since for the last 30 years investors are only looking for a quick ROI rather than pushing a project to its end.


What if the fouders of Waze themselves are now having a similar plan?

Poopstick wrote:They screwed up the western world by moving factories to China. Now China is knocking at the door with Made BY China stuff.


If consumers were willing to pay as much for products as you in France are willing to pay for high quality food, the people who started this would have gone bankrupt. ;)
On the other hand, outsourcing enabled people in China etc. to be better off, and now being able to buy our German cars, which then enables us to bail out half of Europe, haha. :lol:

OldGnome wrote:Sorry, I'm not playing this game any more.


No problem, bro. It's not like talking to you is going anywhere for me, either. Obviously there are people here who actually know basic economic principles.
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Re: Re: Re: Apple to acquire Waze?

Postby Poopstick » Thu Jan 03, 2013 6:35 pm

dmcconachie wrote:
Poopstick wrote:Investors are indeed the real threat. You can't refuse a return on investment which represents your investment 10 folds.


Edit: selling would be IMHO a mistake. Apple is past (if not a dead man walking), crowdsourcing still has a long way to go with the newer generations which were born after Internet has become widespread.

Aren't you contradicting yourself there?

Private equity investors will happily turn down a 10x ROIC if future returns are estimated in excess of that. Just ask Ronald Wayne! In this case I'm pretty sure it's less than half of that anyway. $67m of investment vs Waze's supposed acceptable figure of $750m. Pretty sure Waze will have retained more than 50% of the company during funding! Which would also leave the ultimate decision in the hands of the Waze board presuming they didn't hand majority voting rights away which would be unusual if not unheard of.

I hope you're right! Unfortunately I'm not knowledgeable enough on this matter. If the founders of waze keep the upper hand we have a chance to see it survive.

I see investors as a threat since for the last 30 years investors are only looking for a quick ROI rather than pushing a project to its end. They screwed up the western world by moving factories to China. Now China is knocking at the door with Made BY China stuff.
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Re: Re: Apple to acquire Waze?

Postby cherianchris » Sun Jan 06, 2013 7:24 am

Spazinbc wrote:I can see them becoming Waze's Achilles heel.

I beg to differ. Installed it from Play Store and was shocked to see it running google maps. Waze Map of Chennai is the most up to date today. And no points? Any incentives? Didn't see any!

Chris -> MB526 -> Tapatalk 2
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Re: Re: Apple to acquire Waze?

Postby slicer » Thu Jan 03, 2013 7:11 pm

OldGnome wrote:So what? You still haven't "created" anything.


Wrong. At the beginning, there were no road at all. We have created them by building with our GPS.

Envoyé depuis mon Nexus 7 avec Tapatalk
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Re: Re: Apple to acquire Waze?

Postby dmcconachie » Thu Jan 03, 2013 6:20 pm

petervdveen wrote:Well.. Just give every wazer a dollar for every edit and I'm okey with it ;-)

Not sure even Apple's $200bn war chest could fund Mapcat on that basis! ;-)
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Re: Re: Apple to acquire Waze?

Postby dmcconachie » Thu Jan 03, 2013 6:19 pm

Poopstick wrote:Investors are indeed the real threat. You can't refuse a return on investment which represents your investment 10 folds.


Edit: selling would be IMHO a mistake. Apple is past (if not a dead man walking), crowdsourcing still has a long way to go with the newer generations which were born after Internet has become widespread.

Aren't you contradicting yourself there?

Private equity investors will happily turn down a 10x ROIC if future returns are estimated in excess of that. Just ask Ronald Wayne! In this case I'm pretty sure it's less than half of that anyway. $67m of investment vs Waze's supposed acceptable figure of $750m. Pretty sure Waze will have retained more than 50% of the company during funding! Which would also leave the ultimate decision in the hands of the Waze board presuming they didn't hand majority voting rights away which would be unusual if not unheard of.
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Re: Re: Apple to acquire Waze?

Postby cherianchris » Thu Jan 03, 2013 10:22 am

banished wrote:I wonder how much I should bill Apple for all the effort invested into Waze?

Not to mention the millions of hours, put in by wazers, editing the base map.

Besides that, even if Apple were to acquire Waze, that would apply only for the self managing countries. In India, if Apple take over Waze, they will have the seventh largest country, in the world, with a Virgin basemap. Will not do much good to Apple IMO.

Chris -> MB526 -> Tapatalk 2
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Re: Re: Apple to acquire Waze?

Postby deeggo » Thu Jan 03, 2013 10:14 am

petervdveen wrote:I don't think you really have to wory about this.
This rumor gets back every now and then.

It does. But why is Yael putting this on Facebook then, without comment?
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