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Monday, April 30, 2012
How Much Revenue Does It Take To Be A $1B Public Company?
With all the chatter about Billion dollar valuations -- like Instagram, Evernote, Splunk -- combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people?s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape? First of all ? get Instagram out of your mind. The price it sold for is not relevant to us mere mortals who are building B2B software businesses. For all good, non-bubble reasons, SaaS companies need tens of millions in revenue, high growth, and solid business fundamentals. What you may notice though, is that revenue may be lower than what we?ve become accustomed to during the last few years of IPO drought.cowboys vs giants ndaa timberwolves weight watchers rawhide bigfoot sandra dee
Sunday, April 29, 2012
Young Rangers Fan Loses Foul Ball to Adults, Cries; Yankees Announcer Trashes Clueless Couple
There is currently no law that says you have to hand over a foul to a nearby toddler who was also reaching for it and cries as a result ... but come on, guys.
At the Rangers-Yankees game Wednesday night, a couple was so stoked to have caught one, they not only didn't give the thing up, they openly celebrated and preened for the cameras with the ball as the youngster bawled nearby:
This earned them a tongue-lashing from Yankee broadcaster Michael Kay, and landed the three-year-old and his parents on Good Morning America (above).
Luckily for our little buddy, the Rangers are giving him a ball signed by the ENTIRE TEAM. Class move by Texas and not a bad consolation prize for the kid.
Sean Leonard and Shannon Moore, on the other hand, have been castigated by the media - and wants an apology from Kay, who led the charge.
"Oh my God they can't give it to the kid? They're actually like rubbing it in the kid's face. Very cold," he said of the pair, which disputed this account.
They told a Dallas television station that they had no idea the young boy next to them was crying or even upset over missing out on the baseball.
Leonard and Moore say they were simply caught up in the moment during the game and would've given the toddler the ball if they'd seen him.
They want an apology from the Yankees' play-by-play man for his remarks about them. Think they deserve it? Or should they sell their ball and buy a clue?
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Saturday, April 28, 2012
Amazon's Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion
It's no Apple-sized quarter, but you'd need to be on HGTV's Million Dollar Rooms a handful of times over to scoff at Amazon's Q1 2012 earnings. After reporting $177 million in net earnings last quarter (on $17.43 billion in revenue), the online sales behemoth has today registered $13.18 billion in net sales -- proudly reporting that said tally was up from the $9.86 billion in its Q1 a year ago. Excluding the $56 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 34 percent compared with first quarter 2011. As for operating income? That checked in at $192 million (compared to $322 million Q1 2011), with the outfit noting that the "unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $4 million." Net income also sank 35 percent from $201 million a year ago, but it still left Amazon with $130 million more in the bank than it had just three months ago.
It's important to note that the outfit didn't have "the holidays" here to help out, but it's still a bit worrisome to investors when profit margin shrinks. Focusing on more positive things, CEO Jeff Bezos noted that Amazon has "over 130,000 new, in-copyright books that are exclusive to the Kindle Store," again reminding the world that Amazon Prime members can "borrow them for free with no due dates." We're also told that the Kindle Fire remains the top, most gifted and most wished for product across its entire store, while pointing out that the North American sales segment was up 36 percent from Q1 2011 (reaching $7.43 billion). Our overseas comrades -- specifically, Amazon's UK, German, Japanese, French, Chinese, Italian and Spanish sites -- accounted for $5.76 billion in sales, up 31 percent year-over-year. Worldwide media sales saw a 19 percent uptick to $4.71 billion, while global electronics and "other merchandise" saw sales grow a whopping 43 percent to $7.97 billion. Notably, the company continually banged on unfavorable exchange rates, so if you're looking for a place to heap blame... well, there you go.
Amazon's Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion originally appeared on Engadget on Thu, 26 Apr 2012 16:36:00 EDT. Please see our terms for use of feeds.
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Tom Hiddleston Shows Us His 'Avengers' Script In Today's Twitter-Wood!
Only one more week until the "Avengers" assemble in theaters! We've been ready to don a pair of Iron Man 3-D glasses since the announcement that a movie was in the works (and the announcement that Iron Man 3-D glasses were a real thing!). But we've been able to compose our excitement as Marvel released [...]
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Friday, April 27, 2012
Jony Ive Prize, Beer Here, and Other Stories We Didn't Post [Video]
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Weekend Movies: 'Five-Year Engagement' or 'The Raven'?
From the raunchy but sweet rom-com The Five-Year Engagement to the Edgar Allan Poe thriller The Raven, get the scoop on what's playing in theaters.
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Thursday, April 26, 2012
Live Blog: Apple?s Q2 Earnings Call
Apple just released its FY2012 Q2 earnings and will host its earnings call at 2pm Pacific / 5pm Eastern today. We will live blog this call for you below, but you can also listen in to the call here (QuickTime required).starship troopers nfl nfl cruise ship italy patriots broncos game saints willis mcgahee
Goodbye First Love: movie review
French indie 'Goodbye First Love' leaves one wondering why she didn't dump the guy earlier.
"Goodbye First Love," a French film from writer-director Mia Hansen-L?ve, is about the first stirrings of romance, and it made me appreciate again the similarly themed and far better American indie "Like Crazy."
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Serious-minded 15-year-old Camille (Lola Cr?ton) falls for the older and more footloose Sullivan (Sebastian Urzendowsky), who loves her, but loves even more exploring the world on his own. She overcomes her disappointment and finds strength in a new relationship, but, of course, Sullivan is waiting in the wings.
Hansen-L?ve wants us to experience all this as a kind of?amour fou,?but all I kept thinking was that Sullivan was a prize jerk and Camille would be well rid of him. Grade: C (Unrated.)
Think you're a film buff? Take our movie trivia quiz!
Wednesday, April 25, 2012
Instattoo iOS app lets you randomly generate tattoos, can't turn back time
Interested in getting a tattoo but disappointed by your lack of completely random options? Then Instattoo might be just the app for you. Released today for the iPhone, iPad and iPod touch, it lets you automatically generate a one-of-a-kind tattoo with just a few taps and swipes, which you can then print out and get transferred to your own body with the aid of a skilled professional -- but not before you share it on your social network of choice, of course. You can get a taste of what you might be getting yourself into in the pair of videos after the break, and grab the app in the App Store now for $5 if you're not dissuaded.
Continue reading Instattoo iOS app lets you randomly generate tattoos, can't turn back time
Instattoo iOS app lets you randomly generate tattoos, can't turn back time originally appeared on Engadget on Wed, 25 Apr 2012 03:58:00 EDT. Please see our terms for use of feeds.
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Facebook Buys AOL Patents From Microsoft For $550 Million In Cash
Although Facebook didn't buy AOL's patent portfolio the other week -- it was sold to Microsoft for $1 billion -- it's going to get a good portion of those patents anyway: Microsoft and Facebook today announced that Microsoft would be selling Facebook 650 of the 925 patents that it bought from AOL to Facebook for $550 million in cash. It will also get a license for the remaining 275 patents that Microsoft bought from the AOL portfolio, which Microsoft will continue to own. Microsoft also has a license for the 300 patents that AOL still owns. At this point, Facebook will not have a license for those patents still owned by AOL. The deal gives Facebook a much stronger position in the world of patents, where it had been weak up to now and has been facing lawsuits, most notably from Yahoo, over infringement.kid cudi ben breedlove matt barnes hcm loretta lynn gene kelly zoe saldana zooey deschanel and joseph gordon levitt
Tuesday, April 24, 2012
Deal of the Day: Case-Mate Barely There Case for Galaxy Nexus
The April 24 ShopAndroid.com Deal of the Day is the Case-Mate Barely There Case for Galaxy Nexus. These cases are constructed to help protect the design of the Galaxy Nexus while allowing more of it to show. Featuring an extremely slim profile, impact resistant shell, and cut outs for buttons and features, the Barely There Case is a great option for protection.
The Case-Mate Barely There Case comes in black, pink, amethyst, and is available for just $14.95 today only, 40% off the regular price. Get yours today!
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