Goldman’s gambit, of buying Facebook shares before they go public, values the social network at a hefty $50 billion
By Mathew Ingram
More than a decade has passed since Time Warner (TWX) and America Online (AOL) merged in a $180 billion deal, marking the peak of the Internet bubble and beginning a long drought for technology stocks—a drought that has arguably been broken only by Apple (AAPL) and Google (GOOG). Now Facebook seems to be taking the lead in the next wave of tech-stock enthusiasm, with Goldman Sachs (GS) reportedly investing $450 million in the social network, giving the company a theoretical market value of $50 billion and positioning it for what seems like an inevitable initial public offering. That may be good for Facebook and Goldman, but will it be good for investors? Sigue leyendo
By Josh Catone, Mashable
January 4, 2011 — Updated 1241 GMT
) | Filed under: Web
Hipmunk is fixing everything that’s wrong with flight searches with a tool whose usefulness is immense.
- Kickstarter is a crowdfunding platform for creative endeavors
- Grooveshark might be the next big thing in online music
- Diaspora is an open source social network platform
(Mashable) — There are more than a trillion URLs in Google’s index. Yes, that’s a one with twelve zeros after it. And Google crossed that milestone two and a half years ago. With so many sites on the web in 2011, how do you know which to pay attention to?
Mashable’s editors haven’t quite visited a trillion pages, but we’ve checked out a lot in the past year, and we’ve compiled a list of 10 websites we think are poised to have big years in 2011.
Some of these are relatively new sites we think will catch the mainstream’s attention next year and others are older sites that we think will finally hit the big time in 2011. Sigue leyendo
Analysts warn CEO Mark Zuckerberg not to lose focus
Computerworld – With Facebook now flush with cash, the social networking phenom has the muscle to better duke it out with tech industry heavy-weight Google.
But while the investment of $500 million from Goldman Sachs and a Russian investor could do a lot to validate the business behind social networking, the question remains as to what Facebook CEO Mark Zuckerberg should do with this new financial muscle and industry clout.
While opinions vary as to what Zuckerberg’s next step will be, most agree that the 26-year-old entrepreneur and billionaire shouldn’t lose focus.
“Facebook needs to avoid the dangers that come from being big and having a lot of cash,” said Augie Ray, an analyst with Forrester. “There can be the temptation to throw a lot of money around exploring different ideas, but Facebook needs to continue to focus on the unique core value drivers it has around personal sharing, relationships and communications.”