Facebook acq-hires Drop.io, though it sounds like Facebook won’t be hiring the rest of the Drop.io team. continue reading...
Facebook doesn’t seem to be losing any momentum these days. The social networking phenomenon is adding 600,000 users per day, including baby boomers. Go figure. While not everyone is a fan, others are chronicling how it’s taking over their lives.
Speaking of being on Facebook, here is a video called “I’m on Facebook” that we produced recently, enjoy: continue reading...
Jeff Weiner just joined both Accel Partners and Greylock as en EIR. EIRs are basically former company execs looking for something to do… at a new company funded by the VC housing the EIR or at one of the VCs companies.
The thing is… usually it’s one VC, not two. Say what you want about how the VCs absolutely love Jeff and are willing to share him etc., but that’s BS. This one is pretty obvious: Jeff Weiner was tapped to become Facebook’s next CEO. continue reading...
One of the critiques being leveled at Michael Vick, the troubled Atlanta Falcons QB who is accused of running a dogfighting ring, is that he is surrounded by people to enamored with his power, money and status that they give him bad advice.
I’m not saying that Mark Zuckerberg is allegedly as guilty as Vick seems, nor am I saying that Zuckerberg is getting bad advice, but I just read something that Zuckerberg supposedly said regarding the lawsuit filed by the founders of ConnectU that made my jaw drop. If VCs are into hedging and risk vs. return, maybe someone can step in and be the voice of reason here… continue reading...
To estimate how much a company is worth, you can look at:
1- comparables amongst publicly traded companies
2- recent merger and acquisition deals
3- estimate its future earning power, discounted to today
4- forecast what an asset would fetch in an auction or sale, be it in an M&A or an IPO. continue reading...
The last time we heard an M&A rumor involving Microsoft, Yahoo!’s stock shot up 18%, only to come crashing down when nothing materialized. In fact, by the time the markets closed on the very same day the rumor crept up [again], that rumor was squashed.
Today, the rumor mill began again with Facebook being the latest company within Microsoft’s cross-hairs. If there’s one thing I learned involving MSFT is I’ll believe it when I see it. continue reading...
