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Thursday, April 12, 2012

Bet on Facebook's next buy: Foursquare? Dropbox? Pinterest? - ZDNet (blog)

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Bet on Facebook's next buy: Foursquare? Dropbox? Pinterest? - ZDNet (blog)
Apr 12th 2012, 05:05

Gambling site Paddy Power wants you to place your bets on what company Facebook will acquire next after its $1 billion Instagram announcement. The timeframe for "Facebook's Next Acquisition" ends on April 22, and has the following description:

Singles Only. Applies to the next acquisition Facebook make after 10th April 2012. Must be confirmed publicly by Facebook. Must be fully acquired. Dead heat rules may apply. Others on request.

Here are the 12 companies, in order of their betting ratios:

  • Foursquare: 4/1
  • Evernote: 9/2
  • Dropbox: 5/1
  • Spotify: 7/1
  • Pinterest: 8/1
  • Audiboo: 16/1
  • Rara: 16/1
  • Flickr: 25/1
  • Tumblr: 25/1
  • Myspace: 40/1
  • YouTube: 40/1
  • Friends Reunited: 40/1

Before you get too excited, here's a quick sanity check: Facebook does just fine competing with Foursquare, and it already bought Gowalla. Facebook could use Evernote's technology, but only if it really wanted to challenge Google Docs.

Facebook could use Dropbox too, but Dropbox already leverages Facebook anyway, and the company really doesn't want to sell out to anyone. The same goes for Spotify and Pinterest – both are gaining a lot from Facebook and giving a lot back to Facebook, but aren't a threat.

Flickr is owned by Yahoo while YouTube is owned by Google. Those mentions are even more amusing than the entry for Myspace, which at least might have some valuable IP.

During his Instagram announcement, Facebook co-founder and CEO Mark Zuckerberg said: "This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users. We don't plan on doing many more of these, if any at all."

That won't stop people from speculating, now will it?

See also:

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