The most highly anticipated initial public offering in today’s tech world is officially happening. Facebook filed S-1 documents with the Securities and Exchange Commission Wednesday afternoon to raise a maximum of $5 billion. According to the filing, Facebook made $3.7 billion in revenue in 2011. Read More »
Tech
In 1991, Walmart reported revenue of over $44B, an increase of 35% over the prior year. In 2011 Amazon.com will report revenue of $49B, an increase of 43% over the prior year. Amazon.com is the Walmart of our era (vendor dislikes and all.) Read More »
Mary Meeker, the head of Morgan Stanley’s global technology research team and the woman once dubbed the “Queen of the Net,” says in her latest State of the Internet report that two trends will continue to dominate over the next decade: mobile and social networking. Read More »
“Never write when you can talk. Never talk when you can nod. And never put anything in an e-mail.” — Eliot Spitzer, (then) Attorney General, New York State. This is what New York Governor Eliot Spitzer had to say in late 2005, the year… Read More »
Jeffrey Citron, when I had a chance to catch up with him at the Web 2.0 has said that the growth at Vonage was so fast, that he was having a hard time hiring enough people. He pointed out that AT&T was firing people, and… Read More »
