Before: Facebook is the grand-daddy of all IPOs, will make GOOG or AMZN pale in comparison. After: the dirty bastards tricked us in believing the stock was worth much more than $38 a share. What I do not understand is the following: even after the downward correction, Facebook is worth $68bn, or 67 times trailing [...]
Archive for the ‘Industry’ Category
I had paid attention, back in February. I had expressed criticism at the PR mistake of over-promising and under-delivering, and had hoped the tech behind the launch could, against all odds, be remarkable. Today they’re back, telling us they’ll “integrate one of the main search engines” (read: Bing) to do… well, what, exactly is every [...]
<disclaimer: the idea for this post came from a tweet, but I am sorry I can’t find it to credit> The unfound tweet above probably linked back to an article I did not read, but it gave me the idea of checking out how much of the daily volume of shares traded on any of [...]
As in “rock star” turned “star investor”. I so like this story “Bono and the Edge invest in Dropbox” and I so like this picture: I absolutely love Dropbox, and even if they do not go on to become millionaires (which I doubt), Drew Houston and Arash Ferdowsi have already something to tell their kids: [...]
It’s not that often that I see an article that’s stupid enough to rekindle my long dead Apple fanboi soul. Today I saw one (click here to read it all), whose the money quote is this: Now if you are the largest company in the world, wouldn’t you have the revenue to back up your [...]
On february 29th, Apple stock rose above $542, bringing its valuation for the first time above $500bn. In the subsequent following 19 days, AAPL has ADDED more market value than the current full market value of Hewlett-Packard. Not sure what the lesson is, but it’s a humbling one…
Oh. My. Gawd. Did people at G-S see that coming? How long was he in negotiations with the NYT? Great read, head over to the Times’ site for the full article, but I find this quote below especially appalling especially because of the cool-headedness with which it is expressed. No doubt quite a bit of [...]
Looking forward to hear from the Ketchum / Access / Zocalo posse who swarmed SXSW to report back in the internal-use-only webinar tonight. Looking at the tweetstream coming out of Austin, however, it seems the big discussion topic was the PR snafu around the Homeless Hotspots project. Not to pile up as another self-proclaimed expert [...]
I certainly don’t know, but apparently he needs people. (Hint: I don’t think it has anything to do with Constructive Cost Models)
