Summly has no real history to speak of, but Yahoo clearly has a long, sad, sorry history of overpaying for little nascent startups, failing to capitalize on them and then eventually letting them fall apart while missing out on larger trends.
At first it seems that whether or not this deal makes sense to you depends on whether or not you're a shareholder of Yahoo or a shareholder of Summly. But keep in mind that if Yahoo didn't make a similar deal with ViaWeb a decade ago there may not be a YC or any of the companies they helped start.
At first it seems that whether or not this deal makes sense to you depends on whether or not you're a shareholder of Yahoo or a shareholder of Summly. But keep in mind that if Yahoo didn't make a similar deal with ViaWeb a decade ago there may not be a YC or any of the companies they helped start.