Apple to acquire Waze?

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Re: Apple to acquire Waze?

Postby vanterax » Thu Jan 03, 2013 7:51 pm

So false news. But look at the amount of free publicity for Waze. A lot more people are suddenly aware of it now. :)

http://news.cnet.com/8301-13579_3-57561 ... pany-waze/
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Re: Apple to acquire Waze?

Postby TURBO--4 » Fri Jan 04, 2013 1:31 pm

vanterax wrote:So false news. But look at the amount of free publicity for Waze. A lot more people are suddenly aware of it now. :)

http://news.cnet.com/8301-13579_3-57561 ... pany-waze/


Avoided a big one here. But seeing they were not even close I' agree with you there was an underlying reason for the story. :). Back to Waze!
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Re: Apple to acquire Waze?

Postby StevenSimpson » Wed Jan 02, 2013 10:18 pm

I'm with jmp316 on this one. I have been a pretty loyal Apple user/stock owner...but...I have sold my stock in Apple as I feel they are not the company that they previously were.
I would rather Waze continue along as they have been without Apple having ownership/oversight.
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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.

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Re: Apple to acquire Waze?

Postby slicer » Thu Jan 03, 2013 1:36 pm

:( :( :( :( :( :( :(
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Re: Apple to acquire Waze?

Postby RallyChris » Thu Jan 03, 2013 10:53 pm

But what if the article saying it's "false news" is also a rumor?

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Re: Apple to acquire Waze?

Postby Poopstick » Thu Jan 03, 2013 7:47 pm

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Re: Apple to acquire Waze?

Postby Poopstick » Thu Jan 03, 2013 7:09 pm

And good part of German cars are built outside Germany and you'll see Chinese cars able to compete with the best European models within the next decade. You can't make business with the Chinese unless you're ready to sell them the know how as well. Guess what they did with your ICE technology recently?
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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: Apple to acquire Waze?

Postby Poopstick » Thu Jan 03, 2013 5:43 pm

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

It's either being bought by Apple or Google or become the prominent mapping actor but it's more risky and probably less profitable.

It's basically entrepreneurship vs speculation.

As for what apple could do with Waze: what they want is traffic data and maybe a pair of navigation algorithms. They don't give a damn about the community and the road layer. Waze's maps are probably not something which could be merged easily with Apple's, especially with all the imperfections.

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.
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