Option 1, go Public and make a pile of cash.
If that doesn’t work, option 2, sell to Google or Yahoo.
Now we have Option 3:
The company recently became talk of the blogs, when the founders decided to cut their losses, and put the company on sale on eBay. Niall and I devoted a big portion of our latest podcast, Snakes on a Business Plan to the Kiko affair. Well, the auction just closed and brought in $258,100. A tidy sum! This explains why Paul was smiling today at The FOO Camp Apparently, Kikoâ€™s angel round was $50,000 in convertible debt, and this sale should cover that. Grahamâ€™s YCombinator which did the seed round could come out ahead as well. Kiko foundersâ€™ new idea has already been funded by YCombinator. Greg says eBay makes close to $3800 on the deal. A new floor for the ibanker fees? Just kiddingâ€¦ nevertheless, it makes you wonder despite all the hand-wringing about too many calendar companies, and presence of Google, there was after all a sucker buyer. Especially is you look at Skobeeâ€™s slow lingering slide to nowhere.
Ricky Gervais and Stephen Merchant, of The Office (the original version) apparently did a couple spoof training videos for Microsoft. They have surfaced on the net.
Apparently Microsoft isn’t too happy (please)…
Watch them while you still can.
on Google Video
Tags: The_Office, Ricky_Gervais, Microsoft, Video, Funny
I could care less that they are giving away Hummers in kids meals. But go here and make a sign, it’s fun.
Tags: McDonalds, sign, hurry, hummer, ronaldmchummer
The ultimate in comfort and hygiene, the Swash 800 features â€œendless warm waterâ€ bidet washes and an elegant, low profile design. The Swash 800 includes a warm air dryer and a wireless remote for one-touch control of all settings.
Unbelievable, no really, unbelievable. â€œLed by engineers at Sony, AOL and othersâ€¦â€
Are you kidding me?
$1000 for an electric water squirting, warm air blowing computerized toilet?
And this is the best customer testimonial they could come up with?
â€œMy wife and I ordered a Swash for our master bath. We didn’t tell our six-year old twins about it but in no time we were waiting in line for our own bathroom! The boys loved it so much we ordered one for them!â€
Well, no kidding, what six year old boy wouldn’t love to play with a warm air blowing, water shooting toilet? Duh!
This is venture capitol money just looking to be flushed, no pun intended.
Tags: computer, toilet, bidet, wtf, warm_air, clean, flush
How does wireless broadband at cable modem speeds sound?
Third Screen: Sprint WiMaxes out – Aug. 24, 2006
Will WiMax help? Sprint says its new network could reach 100 million people in the United States by the end of 2008. WiMax connections could reach speeds of 2 to 4 megabits per second, similar to a cable-modem Internet connection. Unlike cable-modem connections, WiMax networks would cover big areas, like cell-phone networks do today, allowing Internet usage on the go.And WiMax can do the job at a fraction of the cost of upgrading Sprint’s current network to similar speeds, according to Raghu Rau, a senior vice president at Motorola (Charts), which will be supplying Sprint with WiMax networking equipment.
WiMax’s big advantage, says Rau, is “spectral efficiency.” What he means by that is that WiMax can pack more data into a given amount of radio spectrum, a scarce resource carriers have paid billions of dollars to acquire.
Rau also says that WiMax networks will support “multiple applications on multiple devices” – in other words, it won’t just let you make voice calls on your cell phone; it will also let you hook your laptop up to the Net and download songs on your MP3 player, and that’s just for starters.
That’s a lot of could’s in there so we’ll take it with a grain of salt, still, would probably be a leapfrog over the Verizon EVDO network, which works, but is inferior to a wifi hotspot if you can get to one.Â (or afford the daypass).Â Keep your eye on Sprint.
Also check the Cringely article here.
Get your copy here:
The fine folks at Global Knowledge are giving it out if you want to give them a little contact information here (or not, seems like they don’t verify much info).
My opinion of this has always been that the numbers represented in this thing are a tad, shall we say, high? But they give you something to use as a reference point.
Tags: Robert_Half, Salary, Guide, 2006