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Submitted URL: http://techcrunch.com/2010/08/06/google-confirms-slide-acquisition/
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Effective URL: https://techcrunch.com/2010/08/06/google-confirms-slide-acquisition/
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TechCrunch Login Join TechCrunch+ Searchsearch * TechCrunch+ * Startups * Venture * Security * AI * Crypto * Apps * Events * More Close Screen twitter(opens in a new window)facebook(opens in a new window)linkedin(opens in a new window)reddit(opens in a new window)mail(opens in a new window)Copy Share Link Link CopiedLink Copied GOOGLE CONFIRMS SLIDE ACQUISITION, GEARS UP FOR WAR WITH FACEBOOK Erick Schonfeld@erickschonfeld / Invalid DateTime• comment Comment Google is finally officially confirming that it bought Slide, a deal we first reported two days ago. Google did not disclose a price, but according to a source close to the deal it was $182 million. (With earnouts, it might turn out to be a bit more, but you can never count on earnouts). Slide raised a total of $78 million and at one point had a $500 million valuation. We also conveniently broke down what everybody made from the deal. Founder Max Levchin got $39 million (after investing $7 million of his own money), BlueRun Ventures pocketed $28 million, early investor Scott Bannister made $5 million, while later investors basically got their money back. (Thank you, Sarah Lacy). Slide could never really figure out what it wanted to be. It constantly shifted its strategy, from a desktop photo app to widgets to Facebook apps to social games. Slide started strong out of the gates, quickly becoming one of the largest Facebook app developers with apps like Top Friends and SuperPoke. As it became obvious that it would be difficult to make money from standalone Facebook other than games, Slide tried to hunker down and regroup. But it does have a deep, battle-scarred team that knows social. And Google is desperate to get social right. In the blog post announcing the deal, engineering director David Glazer spins: > For Google, the web is about people, and we’re working to develop open, > transparent and interesting (and fun!) ways to allow our users to take full > advantage of how technology can bring them closer to friends and family and > provide useful information just for them. The truth is that Google is more about data than people. It could use some engineers who understand social interactions better, and Slide has a lot of them. Their mission will be to “make Google services socially aware,” and likely will be part of Google’s not-so-secret social network in the making, dubbed Google Me. Google is gearing up for war with Facebook. But when it comes to social, they are the ones who might get slaughtered. More TechCrunch OPENAI CONNECTS CHATGPT TO THE INTERNET BELOVED HACKING VETERAN KELLY ‘ALORIA’ LUM PASSES AWAY AT 41 GOOGLE IS LOSING CONTROL COINBASE EXECS WEIGH IN ON THE CRYPTO'S FUTURE IN US AMID REGULATORY SCRUTINY close PLEASE LOGIN TO COMMENT Login / Create Account TECHCRUNCH EARLY STAGE April 20, 2023 Boston, MA Register Now SIGN UP FOR NEWSLETTERS See all newsletters(opens in a new window) Daily Week in Review Startups Weekly Event Updates Advertising Updates TechCrunch+ Announcements TechCrunch+ Events TechCrunch+ Roundup EmailSubscribe twitter(opens in a new window)facebook(opens in a new window)linkedin(opens in a new window)reddit(opens in a new window)mail(opens in a new window)Copy Share Link checkmarkCopy TAGS * Google * Slide GOOGLE CONFIRMS SLIDE ACQUISITION, GEARS UP FOR WAR WITH FACEBOOK Erick Schonfeld Invalid DateTime• Google is finally officially Apps TWITTER WILL KILL ‘LEGACY’ BLUE CHECKS ON APRIL 1 Rebecca Bellan Invalid DateTime• Twitter has picked April Fool’s Day, otherwise known as April 1, to start removing legacy blue checkmarks from the platform. Despite the significance of the day Twitter chose, the removal of ... Startups DAILY CRUNCH: IN SEC FILING, ACCENTURE REVEALS PLANS TO DISMISS 19,000 WORKERS OVER THE NEXT 18 MONTHS Christine Hall, Haje Jan Kamps Invalid DateTime• Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. TechCrunch plus-bold Market Analysis COINBASE EXECS WEIGH IN ON THE CRYPTO’S FUTURE IN US AMID REGULATORY SCRUTINY If the crypto industry doesn’t get clear rules of the road, expertise will move offshore, experts... Jacquelyn Melinek Invalid DateTime• Climate STARTUP SAYS THE SEAWEED BLOBBING TOWARD FLORIDA HAS A SILVER LINING Harri Weber Invalid DateTime• A brown macroalgae native to the Atlantic’s Sargasso Sea is increasingly a menace to coastal ecosystems and communities across the Gulf of Mexico, ever since mats of the normally beneficial s... 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Transportation HIVEMAPPER IS 1M KILOMETERS CLOSER TO GOAL OF BEATING GOOGLE MAPS Rebecca Bellan Invalid DateTime• Hivemapper, the startup that puts dashcams on ride-hail and delivery vehicles to map the world, is getting a little closer to its goal of toppling the B2B mapping empire that Google has built. With... Featured Article TIKTOK CEO TESTIFIES BEFORE CONGRESS As the Biden administration escalates its threats against TikTok, the company’s chief execu... Taylor Hatmaker Invalid DateTime• Security KIDS TECH CAMP ID TECH STILL SILENT WEEKS AFTER DATA BREACH Zack Whittaker Invalid DateTime• Parents are still looking for answers weeks after hackers stole the personal data of thousands of users from kids’ tech coding camp iD Tech, with some fearing that their children’s data... 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Brian Heater Invalid DateTime• Social TIKTOK CEO SAYS IT WASN’T ‘SPYING’ WHEN BYTEDANCE EMPLOYEES SURVEILLED JOURNALISTS Taylor Hatmaker Invalid DateTime• At Thursday’s House hearing, TikTok CEO Shou Zi Chew faced a barrage of questions over concerns that data collected on U.S. users might be vulnerable to surveillance by China. Chew’s re... Biotech & Health PRAGMA BIO IS SEARCHING FOR CANCER TREATMENTS HIDDEN IN OUR MICROBIOME Devin Coldewey Invalid DateTime• The natural world has produced many of our most important medicines, but instead of looking under a leaf or rock for the next big cancer drug, Pragma Bio is searching within the human body — its sw... Venture INDIAN EDTECH GIANT BYJU’S NOT ACQUIRING UNACADEMY Manish Singh Invalid DateTime• Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when we... AI OPENAI CONNECTS CHATGPT TO THE INTERNET Kyle Wiggers Invalid DateTime• OpenAI’s viral AI-powered chatbot, ChatGPT, can now browse the internet — in certain cases. OpenAI today launched plugins for ChatGPT, which extend the bot’s functionality by gran... TechCrunch plus-bold Market Analysis NOW IS THE TIME TO INVEST IN BLACK-OWNED BANKS It’s essential to consider this moment as an opportunity to start banking with some of the ... Dominic-Madori Davis Invalid DateTime• AI CHATGPT: EVERYTHING YOU NEED TO KNOW ABOUT THE AI-POWERED CHATBOT Alyssa Stringer, Kyle Wiggers Invalid DateTime• ChatGPT, OpenAI’s text-generating AI system, has taken the world by storm. It’s able to write essays, code and more given short text prompts, hyper-charging productivity. But it also ha... Apps TIKTOK QUESTIONED ON INEFFECTIVE TEEN TIME LIMITS IN CONGRESSIONAL HEARING Sarah Perez Invalid DateTime• In hopes of heading off concerns over the addictiveness of its app, TikTok earlier this month rolled out new screen time controls that limited minors under the age of 18 to 60-minute daily screen t... * About * TechCrunch * Staff * Contact Us * Advertise * Crunchboard Jobs * Site Map * Legal * Terms of Service * Privacy Policy * TechCrunch+ Terms * Privacy Dashboard * Code of Conduct * About Our Ads * Trending Tech Topics * Silicon Valley Bank news and updates * Tech Industry Layoffs * ChatGPT * CES 2023 FacebookFacebook(opens in a new window)TwitterTwitter(opens in a new window)YouTubeYouTube(opens in a new window)InstagramInstagram(opens in a new window)LinkedInLinkedIn(opens in a new window)MastodonMastodon(opens in a new window) © 2023 Yahoo.All rights reserved.Powered by WordPress VIP(opens in a new window).