“Apple Inc. should have bought mobile-mapping application developer Waze Ltd. at any cost, investor and Benchmark partner Bill Gurley tells Bloomberg Television,” Emily Chang reports for Bloomberg News. “‘If you’re going to pay $3 billion for a headphone company, $2 billion for a maps company is a no-brainer,’ Gurley said in an interview in October.”
“He also said Apple should have bought Nest Labs Inc. if only to bring the company’s CEO and co-founder, Tony Fadell, back to Apple,” Chang reports. “Instead, Google Inc. paid $969 million for Waze and $3.2 billion for Nest.”
“Gurley was one of Uber’s earliest investors and is on the board of the car-booking startup,” Chang reports. “The interview was conducted before Uber’s recent controversies, including talk of targeting of journalists and the arrest of a driver in India on charges of sexually assaulting a passenger.”
Chang’s full interview with Gurley can be seen on Studio 1.0 or via www.bloomberg.com/TV on December 11th at 8:30 p.m. ET and PT.
Read more in the full article here.
Dead to me: Apple’s Schiller ‘unfollows’ Tony Fadell and Nest after Google acquisition – January 18, 2014
Why Apple didn’t buy Tony Fadell’s Nest Labs – January 14, 2014
Feuds, funding and a fed up Fadell: Why Apple didn’t buy Nest – January 14, 2014
Did Tim Cook blow it by not snapping up Nest before Google? – January 13, 2014
Apple did offer to buy Israeli startup Waze, but Waze politely declined, sources say – January 4, 2013