5/13: MileWise acquired by Yahoo and closed
Oct 13, 2012, 11:00 pm
#46
Join Date: Sep 2010
Location: Bali, Indonesia
Programs: AA, DL, AK, UN, CN
Posts: 967
Very interesting.
It shows a value per mile as well. My Chase Rewards are about $.01/mile while BA miles are $.03/mile. I'd value them exactly the opposite.
No surprise Delta doesn't list their flights: I'm pretty sure they don't want anyone to actually redeem them
It shows a value per mile as well. My Chase Rewards are about $.01/mile while BA miles are $.03/mile. I'd value them exactly the opposite.
No surprise Delta doesn't list their flights: I'm pretty sure they don't want anyone to actually redeem them
May 8, 2013, 2:45 pm
#48
Join Date: Feb 2013
Location: The City of Angels, CA
Programs: Nothing current
Posts: 392
MileWise acquired by Yahoo
Just made an announcement on their website.
-S
-S
We're proud to announce we've been acquired by Yahoo!
MileWise began almost four years ago with the goal of creating a simple, powerful product to help people save time and money.
While we've had setbacks along the way, we've been lucky to connect with an incredible community of fellow travelers, without whom we wouldn't have made it this far. To everyone who took MileWise for a spin: THANK YOU! You shared our vision of what MileWise could become, and generously donated your time and passion to making it a reality.
As part of the transition, the MileWise service will be shutting down. It's tough to say goodbye to something we've put so much time into. But we've tried to make it easy to take your data with you. We'll be sending everyone an email with instructions on exporting your data, and if you have any questions don't hesitate to email us.
The MileWise team will be joining the Yahoo! engineering team in NYC's Bryant Park office. We're thrilled to be joining such a talented group of inventors, and can't wait to get working on the next big thing coming out of Yahoo.
Again, we'd like to thank everyone who helped us along the way: our investors, our employees, our partners, and most importantly, our fellow travelers.
Vinay, Sanjay, and Nick
MileWise began almost four years ago with the goal of creating a simple, powerful product to help people save time and money.
While we've had setbacks along the way, we've been lucky to connect with an incredible community of fellow travelers, without whom we wouldn't have made it this far. To everyone who took MileWise for a spin: THANK YOU! You shared our vision of what MileWise could become, and generously donated your time and passion to making it a reality.
As part of the transition, the MileWise service will be shutting down. It's tough to say goodbye to something we've put so much time into. But we've tried to make it easy to take your data with you. We'll be sending everyone an email with instructions on exporting your data, and if you have any questions don't hesitate to email us.
The MileWise team will be joining the Yahoo! engineering team in NYC's Bryant Park office. We're thrilled to be joining such a talented group of inventors, and can't wait to get working on the next big thing coming out of Yahoo.
Again, we'd like to thank everyone who helped us along the way: our investors, our employees, our partners, and most importantly, our fellow travelers.
Vinay, Sanjay, and Nick
May 9, 2013, 6:27 pm
#51
Join Date: Jul 2008
Location: Agassiz BC
Programs: Aeroplan, Airmiles, Alaska Airlines
Posts: 60
Goodbye Milewise.
Looks like Milewise has sold us. Am I wrong to feel used? Should I move to AwardWallet, or is there something else out there that won't do the same thing one day?
We're proud to announce we've been acquired by Yahoo!
MileWise began almost four years ago with the goal of creating a simple, powerful product to help you get the most value out of your rewards. Along the way, we’ve been lucky to connect with an incredible community of fellow travelers, without whom we wouldn't have made it this far. To everyone who took MileWise for a spin: THANK YOU! You shared our vision of what MileWise could become, and generously donated your time and passion towards making it a reality.
As part of the transition, the MileWise service will be shutting down. It's tough to say goodbye to something we've dedicated so much to. But we've tried to make it easy to take your data with you:
Follow this link to export your MileWise accounts details and passwords:
http://secured.milewise.com
You'll receive an email with an attached file containing your data, and instructions on how to use this file to migrate your accounts to AwardWallet, our recommended rewards management tool. If you have any questions or concerns, don't hesitate to email us at [email protected].
For security purposes, we'll be deleting all data two weeks from today.
Again, we'd like to thank everyone who supported us along the way: our investors, our employees, our partners, and most importantly, our fellow travelers.
The MileWise Team
MileWise began almost four years ago with the goal of creating a simple, powerful product to help you get the most value out of your rewards. Along the way, we’ve been lucky to connect with an incredible community of fellow travelers, without whom we wouldn't have made it this far. To everyone who took MileWise for a spin: THANK YOU! You shared our vision of what MileWise could become, and generously donated your time and passion towards making it a reality.
As part of the transition, the MileWise service will be shutting down. It's tough to say goodbye to something we've dedicated so much to. But we've tried to make it easy to take your data with you:
Follow this link to export your MileWise accounts details and passwords:
http://secured.milewise.com
You'll receive an email with an attached file containing your data, and instructions on how to use this file to migrate your accounts to AwardWallet, our recommended rewards management tool. If you have any questions or concerns, don't hesitate to email us at [email protected].
For security purposes, we'll be deleting all data two weeks from today.
Again, we'd like to thank everyone who supported us along the way: our investors, our employees, our partners, and most importantly, our fellow travelers.
The MileWise Team
Last edited by mevl; May 9, 2013 at 9:58 pm
May 9, 2013, 8:17 pm
#52
Join Date: Apr 2012
Location: AL
Programs: AA Plat Pro, DL Sil, UA Sil, Hyatt Global, MR Amb, Hilton Diamond, National Exec, Hertz Pres
Posts: 477
Goodbye Milewise.
I guess I don't quite get it. Why sell to Yahoo if Yahoo wants to shut it down? Seems odd unless Yahoo is expecting to release some kind of new and improved product.
May 9, 2013, 9:54 pm
#54
formerly known as felinaar
Join Date: Jan 2010
Location: SEA
Programs: UA Plat, AA Gold, AS MVPG, Hyatt Diamond, Hilton Diamond, SPG Gold
Posts: 612
drminn is correct. MileWise showed it could take a group of talented programmers and create something cool. That has nothing to do with whether MileWise was actually viable as a business. Apparently Yahoo! doesn't think it is. But it thinks their team works well together and can help Yahoo! with its own problems.
May 9, 2013, 10:09 pm
#55
Join Date: May 2004
Posts: 253
Many different reasons...
http://pandodaily.com/2013/05/02/yah...ng-to-sources/
http://skift.com/2013/05/09/yahoo-to...and-hire-team/
http://pandodaily.com/2013/05/02/yah...ng-to-sources/
http://skift.com/2013/05/09/yahoo-to...and-hire-team/
May 11, 2013, 8:35 am
#56
Join Date: May 2011
Programs: AA, Delta, Continental, Emirates, BA, Virgin Atlantic, US Airways
Posts: 194
Then why not sell the company to a different group of programmers or a travel company or whatever. I am a programmer and although milewise was a good site it wasn't something so out of the world that some other programmers could not take over.
I am really confused about this acquisition.
I am sensing there was something more behind that - either they were losing way too much money to not be attractive to anyone else or there was some legal issues or something..
I am really confused about this acquisition.
I am sensing there was something more behind that - either they were losing way too much money to not be attractive to anyone else or there was some legal issues or something..
May 12, 2013, 4:16 am
#57
Company Representative - Superfly
Join Date: May 2011
Location: Menlo Park / Tel Aviv
Posts: 78
Then why not sell the company to a different group of programmers or a travel company or whatever. I am a programmer and although milewise was a good site it wasn't something so out of the world that some other programmers could not take over.
I am really confused about this acquisition.
I am sensing there was something more behind that - either they were losing way too much money to not be attractive to anyone else or there was some legal issues or something..
I am really confused about this acquisition.
I am sensing there was something more behind that - either they were losing way too much money to not be attractive to anyone else or there was some legal issues or something..
Yahoo bought the engineers and not the product. Nothing fishy. Yahoo often buys teams that have experience working together in a specific field.
If you need an alternative for reward management you can use Superfly.com. Full disclosure (I am the founder).