“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.
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