Aviate joins Yahoo
blog.getaviate.com
blog.getaviate.com
http://getaviate.com/team.html
Congrats to the team. Great Product and team.
When a company raises funding, either seed or a series A round with a venture firm, they become tied into a giant loose web of relationships which provides things like introductions, heads up on quality candidates, and general interest queries. This is further enhanced by the somewhat astonishing mobility of talent from company to company.
So when a company says "Hmm, we really need to get into X" they can tap that network to see who is out there doing that and how well they are doing it.
Sometimes an investor wants to 'close out' their investment and they will approach a friend on another board or a friend of a friend looking for "ideas", other times people just meet at a social event and decide they should work together. Large firms have a group that is nominally called something like 'Corporate Development' which is code for acquiring companies to fill gaps or needs.
During times of scarcity when folks are looking for talent, under capitalized companies are seen as a good place to 'pick up an entire team' of engineers.
The classic way to connect into this 'web' is to go through the process once, which is start a company (or join one), connect with the funding folks at company and social functions, and have an idea of what you're trying to achieve. An 'agenda' if you will.
The screenshot is here: https://pbs.twimg.com/media/BdU892zCAAEXy-q.png:large
I really love their home screen and I was afraid that Yahoo might shut them down. If that's the case I don't have anything to replace from Aviate. I like the combination of Aviate as home screen and Cover[0] as my lock screen.
I don't think big companies care too much about a product in itself. They care about the team (which created a good product) and/or a userbase.
Yahoo has repeatedly proven it is not a safe location for any service; it is even worse than google in that respect.