funny & random MAZ on 31 Oct 2007
Monthly Archive for "October 2007"
cars MAZ on 30 Oct 2007
2008 Chevy Cobalt SS Turbo with 260 HP at SEMA
PRESS RELEASES:
2008 CHEVROLET COBALT SS FAST FACTS* Engineered and developed by GM Performance Division
* 2.0L Ecotec turbocharged and intercooled engine with 260 horsepower (194 kW)
* GM Powertrain Sweden five-speed transmission with short-throw shifter
* Nürburgring-tuned FE5 Sport suspension delivers 0.9 g grip
* Brembo fixed-caliper front discs and vented rear disc brakes
* SS-specific appearance with unique fascias and rear spoiler – including available high wing
* 18-inch high-polished forged aluminum wheels and Y-rated performance tires
* SS-specific interior with new sport seats, A-pillar boost gauge and more
* On sale: second quarter of 2008
funny & random MAZ on 30 Oct 2007
Dead nerd
“I’m not sure who this guy was, but one thing is for sure —he was a massive nerd. Got to love that kind of commitment though. Plus, if he ever came back as a zombie you could probably stay alive by sitting him in front of a new computer with a sweet LCD monitor.”
random MAZ on 29 Oct 2007
The World’s Most Breathtaking Bridges
financial & microsoft & news & social networking MAZ on 26 Oct 2007
Facebook Is Now 5th Most Valuable U.S. Internet Company
Yesterday came news that Microsoft invested $240 million into Facebook, valuing the company at $15 billion.
How much is $15 billion? It’s hard to understand how much money that really is. But this evening a friend helped put it into perspective in a conversation about the deal: among the pure-play U.S. Internet companies, only Google, eBay, Yahoo and Amazon have larger market capitalizations. Their annual revenues range from $6 – $11 billion/year. IAC, Salesforce, Monster.com and all the rest trail significantly.
Big Internet properties like MSN/Live.com, AOL and MySpace can’t be directly compared because they are part of larger corporations. Still, its easy to imagine that Facebook, at $15 billion, is perhaps worth more than AOL and MSN/Live.com. Is it worth more than MySpace, which was acquired for a mere $580 million in 2005? The total value of parent company News Corp., with $30 billion or so in annual revenue, is just $70 billion.
Of course, Facebook is not being valued by the public markets like the others. And it may be some time before there is any updated valuation for the company. They are now positioned with a huge war chest of cash (the actual amount raised is likely above $240 million; rumors of a hedge fund or other financial partner who put in additional cash are already swirling) and a massive stock valuation. They can make acquisitions of key technology and talent without spending much. And they can go for years as a private company on that cash. Even with the 700 employees the company expects to have next year, they shouldn’t spend more than $50 million or so per year to run the company.
