social media

Silicon Valley Faces Private Sanity Check – WSJ.com

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Silicon Valley Faces Private Sanity Check By ROLFE WINKLER A wave of sanity is washing over Silicon Valley after Facebook’s FB +3.00% listing debacle, and that may be bad news for private companies looking to raise money. Suddenly, investors seem to care about business fundamentals again. Instagram surfed the wave perfectly. Despite having no revenue, it sold itself to Facebook for cash and stock currently worth $920 million. But the new focus on fundamentals makes it trickier for hot start-ups like Twitter,LivingSocial and Square to justify the peppy private valuations they have recently received or are seeking. via Silicon Valley Faces … Read more

Sallie Mae: Fees the Unemployed, Then Deletes Backlash on Facebook

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Nominal fees targeted at the demographics who will feel them most simply don’t work.  Bank of America thoroughly illustrated this concept with the short-lived monthly fee on their debit cards, resulting in a plethora of negative press and a number of former clients transferring assets to credit unions.  So why did Sallie Mae think applying a $50 fee to unemployed borrowers would work any differently?  Following BAC’s footsteps and a 100,000 name strong petition, Sallie Mae restructured the fee and now applies the money toward repayment of the loan.  Damage being done however, several people chose to speak out on … Read more

Are We In The Early Stages Of A Social Media Tech Bubble?

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Are We In The Early Stages Of A Social Media Tech Bubble? Posted In Blog If you’re new here, you may want to subscribe to our RSS feed or follow us on Twitter and Facebook. Either way, thanks for checking us out! What’s up with all these social media companies filling for IPO’s lately? I guess the spark was lit with LinkedIn which went public just 2 weeks ago now. Since 2 other major social media tech companies have filed the paperwork for additional IPO’s – both Groupon and now Zynga. Coming Social Media Bubble? I hate to say the … Read more

Is it an Internet bubble? If So Everyone Wants In

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I’m starting to get some of the mania.  You have to think of it in different ways.  For example, who would every pay monthly fees to Ancestry.com.  Evidently there are growing numbers of people who can’t complete their curiosity in an evening.  Zynga and online games I sort of understand.  I raised two kids addicted to them.   I can’t wait until they can start paying for them themselves. But then again, time away from Call of Duty is expensive to get. Linkedin, well I personally use that one a lot but I don’t think I’d spend any more money there … Read more