Waiting lets Zuckerberg, 26, hone the skills needed to steer a company that issues quarterly results while facing criticism on such matters as user privacy. Facebook, valued at $24.9 billion, would use the time to propel its user base beyond the 500 million mark reached this month and add to sales that two of the people said may double to at least $1.4 billion in 2010 from $700 million to $800 million last year.... Startups are often urged to sell shares by employees and investors eager for a return on their equity. In Facebook's case, some of that pressure has been allayed by private sales, often facilitated by such exchanges as SecondMarket Inc. and SharesPost Inc., which help find buyers for startup shares. Read more...
Startups are often urged to sell shares by employees and investors eager for a return on their equity. In Facebook's case, some of that pressure has been allayed by private sales, often facilitated by such exchanges as SecondMarket Inc. and SharesPost Inc., which help find buyers for startup shares.
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"We could imagine something akin to a Google AdWords-like model, where merchants can have featured placement based on latitude and longitude, time of the day, or day of the week," says Tristan Walker, head of business development for Foursquare. "We're still exploring, and encouraging all retailers to get on our platform and help us find the product that we could actually charge for."... Ideas for revenue streams are so far "pie-in-the-sky," according to Walker, but that doesn't mean Foursquare isn't working toward a financially-viable future. The service already charges for sponsored-badge integrations, and in addition to a potential Google AdWords-like service, Walker foresees a time when the New York-based start-up might "charge for really robust analytics that haven't been served before." Read more...
Ideas for revenue streams are so far "pie-in-the-sky," according to Walker, but that doesn't mean Foursquare isn't working toward a financially-viable future. The service already charges for sponsored-badge integrations, and in addition to a potential Google AdWords-like service, Walker foresees a time when the New York-based start-up might "charge for really robust analytics that haven't been served before."
Possibly related UIDs: secondmarket.com, "the largest centralized marketplace for illiquid assets" sharepost.com, "We make private equity liquid." Foursquare, rap sheet GOOG, Dividend? Diversity is the key to economic and political evolution.
"We are going to get all the money back that we invested in those car companies," Obama said on ABC's "The View" program. The industry's resurgence "tells a good story" about the U.S. economic recovery, he said.... Since GM and Chrysler exited bankruptcy a little more than a year ago, the industry -- including Ford Motor Co., which didn't seek federal aid -- has re-hired 55,000 workers after shedding 334,000 in the year before.... The administrations of Obama and his predecessor, George W. Bush, committed a total of $85 billion to rescue the automakers, aid suppliers and prop up the financing arms of GM and Chrysler. About $67 billion in loans and equity investments are still outstanding, according to administration figures.... The stock offering [NEW! GM IPO] is central to the government's expectations of getting repaid. For the U.S. to recoup all of its $42.2 billion investment in GM, the company would have to be worth at least $66 billion and possibly as much as $80 billion, depending on when the government sells its stock. GM's implied equity value is about $53 billion based on its bond price.... The president's sales pitch [!] is tempered by some sobering forecasts. While the industry has added 55,000 jobs since June 2009, auto manufacturing in Michigan is on a decline. A 2009 University of Michigan study found that the state would end up with 95,500 blue-collar auto manufacturing jobs by the end of 2011, compared with 172,350 in 2008. The state's unemployment rate was 13.2 percent in June [2010] compared with the national rate of 9.5 percent. Read more...
Since GM and Chrysler exited bankruptcy a little more than a year ago, the industry -- including Ford Motor Co., which didn't seek federal aid -- has re-hired 55,000 workers after shedding 334,000 in the year before....
The administrations of Obama and his predecessor, George W. Bush, committed a total of $85 billion to rescue the automakers, aid suppliers and prop up the financing arms of GM and Chrysler. About $67 billion in loans and equity investments are still outstanding, according to administration figures....
The stock offering [NEW! GM IPO] is central to the government's expectations of getting repaid. For the U.S. to recoup all of its $42.2 billion investment in GM, the company would have to be worth at least $66 billion and possibly as much as $80 billion, depending on when the government sells its stock. GM's implied equity value is about $53 billion based on its bond price....
The president's sales pitch [!] is tempered by some sobering forecasts. While the industry has added 55,000 jobs since June 2009, auto manufacturing in Michigan is on a decline. A 2009 University of Michigan study found that the state would end up with 95,500 blue-collar auto manufacturing jobs by the end of 2011, compared with 172,350 in 2008. The state's unemployment rate was 13.2 percent in June [2010] compared with the national rate of 9.5 percent.
