maven-networks

Yahoo's $160 million fails to produce another Mark Cuban

Nicholas Carlson · 02/12/08 01:00PM

Yahoo admitted it bought online-video distributor Maven Networks today. It turns out Maven founder and CEO Hilmi Ozguc made out better than we thought. Yahoo said it bought Ozguc's company for $160 million, not the $150 million originally reported. All that on just $30 million in funding. Which is good, Hilmi, but if you'd held out for just another $5.5 billion, maybe you could buy a basketball team, learn to dance and complain when reporters don't do what you tell them to do, too.

Owen Thomas · 02/01/08 06:18PM

Yahoo is on the verge of acquiring Maven Networks, an online-video startup, for $150 million. Maven hosts video for big media companies. Much like Broadcast.com, which Yahoo acquired nine years ago for $5.7 billion. [TechCrunch]