Tuesday, May 24, 2011

@10:49, 05/24/11 2$




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  • TimesPeople recommended a user:
    May 23, 2011
    kevinkasch

    • kevinkasch posted to Twitter an article:
      1:40 am

      ‘Great Tornado Hunt’ Team Was Near Joplin
      “‘Great Tornado Hunt’ Team Was Near Joplin. 'Storm Chasers' was not. Insane photo, with no doubt many more to follow - http://nyti.ms/jisaRh” 
      Joplin is not effaced from the river. 
      These people watch the sky.

  • TimesPeople recommended a user:
    May 23, 2011
    Andi Bob

    • Andi Bob recommended an article:
      7:26 am
      Reality-TV Producer Mark Burnett Tackles the Bible
      Mark Burnett, reality-television producer extraordinaire, will step into the realm of scripted drama with the development of a 10-hour series of biblical stories for the History Channel.
      http://www.pbs.org/wgbh/nova/ancient/bibles-buried-secrets.html

  • TimesPeople recommended a user:
    May 23, 2011
    smithjenBK

    • smithjenBK posted to Twitter an article:
      11:28 pm

      Getting Wise to Owls to Help Gauge Climate Change
      “Lengthy, but interesting NYT story on snowy owls as sentry species Getting Wise to Owls to Help Gauge Climate Change - http://nyti.ms/lmOk0w” 
      A nice story on research. We will have to wait for the publications for climate change.

  • TimesPeople recommended a user:
    May 23, 2011
    GuilhermeFelitti

    • GuilhermeFelitti posted to Twitter a blog post:
      May 23, 2011
      Valuations Based On Secondary Market Trades, As Initial Public Offerings Await
      “Valuations Based On Secondary Market Trades, As Initial Public Offerings Await - http://nyti.ms/gnQykQ” 
      This posting has actual information:
      http://www.vccircle.com/500/news/linkedin-ipo-filing-financials-ownership
       "
      BY SUDARSHANA BANERJEE / MOUNTAIN VIEW, CALIFORNIA
      LinkedIn revenues doubled in the first nine months of 2010 from $80.8 mn in 2009, to $161.4 mn in 2010.

      LinkedIn is the first social networking company to file for an IPO. The Mountain View, California-based company plans to raise upto $175 million form the offering."
      "LinkedIn Ownership
      A 21.4% (or 19,066,032 shares) is owned by Reid Hoffman, the co-founder of LinkedIn, and Michelle Yee (Hoffman is married to Yee, who he met in college), the trustees of the Reid Hoffman and Michelle Yeh Living Trust dated October 2009. Hoffman retains sole voting and dispositive powers over these shares.
      Hoffman, incidentally, was also a founding member of the board of directors at Paypal, where he also worked as a full-time employee for a bit. Currently, Hoffman is a partner at Greylock Partners, a Silicon Valley venture capital firm, besides being an executive chairman with LinkedIn.
      Hoffman is also connected to some of the hottest Internet real estate currently available. He is a board observer at Gowalla, advisor to Groupon, and director at Zynga, Mozilla Corp. and kiva.org. He is also an angel investor in companies like Facebook and Zynga, according to his Greylock profile. As a matter of fact, if you turn to ‘The Facebook Effect’ written by David Kirkpatrick, seems it was Hoffman who had arranged the first meeting between Zuckerberg and Peter Thiel, which led to Thiel’s $500,000 investment in the company.
      Hoffman invested in and joined the board in Zynga’s first round of funding. Not only that, Hoffman co-owns the Six Degrees Patent along with Zynga CEO Mark Pincus. (The Six Degrees patent, a method and apparatus for constructing a networking database and system, was auctioned off in 2003, along with related intellectual property rights and software, according to a CNET story). 
      Other LinkedIn owners
      The company has secured four rounds of financing till now. Entities affiliated with Sequoia Capital hold a 18.9% stake in LinkedIn. Sequoia wrote one of the first checks to the company. In November 2003, it invested $4.7 million in Series A financing.
      A 15.8% is held by entities affiliated with Greylock Partners. In 2004, Greylock Ventures invested $10 million in the company in Series B round. Hoffman, co-founder and executive chairman of LinkedIn, is also a partner with Greylock Capital, as mentioned earlier, but he has no voting or dispositive rights with respect to LinkedIn shares held by the outfit.
      Bessemer Venture Partners, and entities affiliated with it, own 5.1 % stake in LinkedIn. In 2007, Bessemer and European Founders Fund invested $2.8 million in Series C. In 2008, Bain Capital, Goldman Sachs, McGraw Hill, SAP Ventures, and Bessemer Venture Partners invested $75.7 million in Series D round. After this, the company hasn’t raised any venture round."
      We know it was issued at a $45/share price.
      It ran up to a bit over $100 and sits at $97 at the end of the third day.
      $175,000,000 divided by $45 = 3,888,888.888 shares call it 4 milion.
      The founders had 19 million shares. There were 89,093,607.48  about shares of the corporation before the public offering. if they diluted their holdings, there are 92,982,497.16 shares now. Valued at
      $8,875,179,353.60 

  • TimesPeople recommended a user:
    May 23, 2011
    Nick Heynen

  • TimesPeople recommended a user:
    May 23, 2011
    krysilove

  • TimesPeople recommended a user:
    May 23, 2011
    abhishek

    • Tim O'Reilly recommended an article:
      May 16, 2011
      Huge Profits for Health Insurers as Americans Put Off Care
      Companies continue to press for higher premiums, saying they need protection against any sudden uptick in demand once people have more money to spend on their health.
      More money now because people will gve them more money later?
      There is a dead fish here somewhere.

  • TimesPeople recommended a user:
    May 23, 2011
    Akhtarbad

    • Akhtarbad posted to Twitter an article:
      12:16 am
      The Boys & Girls Club and High Technology Mix
      “Terrifc article on Microsoft's partnership with BGCA - The Boys & Girls Club and High Technology Mix - http://nyti.ms/lUeTb0”
      Apple did this in the schools.  The equipment one learns on tends to lock one in to an interface design. I may have to seek employment with the BGCA.  They hired the people who taught me wood.

  • TimesPeople recommended a user:
    May 23, 2011
    doughausken

  • TimesPeople recommended a user:
    May 23, 2011
    thebrainbuzz

    • thebrainbuzz posted to Twitter an article:
      10:08 am

      Forever Young? For Bob Dylan, In Some Ways, Yes.
      “Forever Young? For Bob Dylan, In Some Ways, Yes. - http://nyti.ms/iZk1tI”
      Hard living stacks on the years quick.  Bob Dylan found entry early and a gentle life.  Drugs will thin the fourteen year olds for several more years.  I will work on the path.

Cars have always been complex machines to me.  The sculpture is a cover on the important parts.  The Model A was still common in my early memories.

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