David Sacks On Selling Yammer: We Never Really Shopped The Company

In June, Microsoft closed its acquisition of Yammer, the hot young enterprise social network that got its start at TC50 back in 2003. It was a big exit for the company, which sold for a whopping $1.2 billion. CEO and founder of Yammer David Sacks took the stage at TechCrunch Disrupt SF to talk to Mike Arrington about the past, present and future for the network. Arrington started by asking Sacks about the early history of Yammer and whether or not the company had ever been in serious talks with Salesforce or Twitter over an acquisition. Sacks said that, in fact, while he had been a huge supporter of Twitter (and even promoted the idea that someone should buy it when it was at a sub-$100M value) and has great respect for Marc Benioff (Salesforce's CEO), he never shopped Yammer around in the early stages of its growth.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/eqpF2LyJtsw/

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