Lycos Acquires Tripod in $58 Million Deal
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Spurned from acquiring GeoCities, probably due to its high asking price, Lycos went out and bought another Web community company, Tripod, for $58 million stock.
Our analysis shows the deal values Tripod's 1.5 million "members" at $38.67 each or 58 cents per monthly page view.
|Lycos Buys Tripod. How Much?|
|Page views/month (millions)||100|
|Deal value (millions)||$ 58|
|Deal value/member||$ 38.67|
|Deal value/page view||$ 0.58|
|© 1998 Mecklermedia|
The acquisition highlights the growing trend to consolidate traffic on the Internet to a few major hubs, which at first glance may be the antithesis of what the Internet is all about, the many-to-many paradigm.
Yahoo! recently bought a stake in the largest Web community builder GeoCities and acquired Four11 in similar moves.