First Kaboodle. Now Clipmarks, Social Bookmarking Acquisitions Continue.
Just as B2B became a huge goldrush after the early B2C companies last time, so is bringing web 2.0 into the enterprise gathering steam. Of course I agree :) Thats why in addition to the usual look at Atlassian, SocialText, and other collaboration tools, one area I find interesting is major media continuing to buy 2nd generation social bookmarking services. Network effect fanatics would have said once Yahoo bought Delicious, game over - but no.
Hearst bought the social shopping bookmarking service Kaboodle, and now Forbes has acquired Clipmarks - which allows you to clip pages on the web for later reference, publishing on your blog and "sharing" with the community.
These acquisitions were unlikely to be done for earnings, or even revenue. User numbers while being strong and showing momentum, wouldnt have been the driver. Rather it seems these technology purchases are being made to "incorporate" web 2.0 into these media publishers web properties. (it doesnt hurt that Elevation Partners took 40% last year and thus are looking for some modern assets)
Silicon Alley Insider quoting the Forbes CEO : "Clipmarks* is home to a community of clippers who share their clips and leave comments about them. Forbes.com editors use this technology across the Forbes.com site, clipping and posting content from other Web sites that they think their users might be interested in reading."
So talk of web 2.0 in the enterprise will be interesting to see what is social intelligence +/or collaboration focused non consumer facing data and tools, and what is consumer focused vertical 2.0 ala Forbes and Hearst, with their (acquired) plugnplay social bookmarking capabilities they can deploy to their traditional brands.
* clipmarks to me is a textbook example of a unique focused idea, executed with passion and detail, then acquired quickly. kudos, awesome execution :)
Hearst bought the social shopping bookmarking service Kaboodle, and now Forbes has acquired Clipmarks - which allows you to clip pages on the web for later reference, publishing on your blog and "sharing" with the community.
These acquisitions were unlikely to be done for earnings, or even revenue. User numbers while being strong and showing momentum, wouldnt have been the driver. Rather it seems these technology purchases are being made to "incorporate" web 2.0 into these media publishers web properties. (it doesnt hurt that Elevation Partners took 40% last year and thus are looking for some modern assets)
Silicon Alley Insider quoting the Forbes CEO : "Clipmarks* is home to a community of clippers who share their clips and leave comments about them. Forbes.com editors use this technology across the Forbes.com site, clipping and posting content from other Web sites that they think their users might be interested in reading."
So talk of web 2.0 in the enterprise will be interesting to see what is social intelligence +/or collaboration focused non consumer facing data and tools, and what is consumer focused vertical 2.0 ala Forbes and Hearst, with their (acquired) plugnplay social bookmarking capabilities they can deploy to their traditional brands.
* clipmarks to me is a textbook example of a unique focused idea, executed with passion and detail, then acquired quickly. kudos, awesome execution :)



