David Rosenthal: evaluation

Transcript context

…It was already public. They bought it after it was a public company. Yeah, that's right. They bought it for a billion dollars. I think that acquisition was pre-bubble bursting. It was the most used product out there. Yahoo! also had Yahoo! Maps out there which were quite popular. Google found out that Yahoo! was doing a bunch of work to adding a bunch of features to Yahoo! Maps and really making a push on it. The three of them decide, "Okay. We need to really compete in this space." Fortuitously, right around that same time, they get a tip from one of their investors, Sequoia Capital, that there is an interesting little company down under in Australia that they might want to look at. In researching this last night, I discovered that MapQuest is still around. You can go to mapquest.com. The logo is something that I have never seen in my life. Of course, it's owned by Verizon because the whole AOL to Yahoo! Verizon thing. It's still a thing you can use that uses a map box, licenses, and data. I couldn't believe it was still around. The last time I used MapQuest, I was printing out the directions so that when I'm driving somewhere, I could look at the piece of paper.…

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