There was a time in 2008 when Twitter really started taking off. Celebrities were starting to use it. Kevin Rose, former geek leader and entrepreneur, dissed his own startup, Pownce, by saying that he preferred Twitter. The company was on a good trajectory. That was on the surface. Behind the scenes, it was far from… Continue reading As Twitter turns seven, its status is finally a safe one
The good news for tech companies is that America seems to like them the best. Amazon topped the list, followed by Apple at #2 and Google at #4. The bad news for all American corporations is that nearly of Americans feel that corporate America in general is “poor” or “terrible” while two-thirds of Americans think… Continue reading Amazon tops satisfaction index but corporate America is clearly not liked
It isn’t too common for Wall Street analysts to be very wrong. They have good indicators and past performances upon which to generate their predictions and it’s often more accurate than the weather. With Google’s Q4 2012 analysis, they were wrong by a mile even at Google’s revenue standards. They reported $14.42 billion in the… Continue reading Google beats analyst expectations by $2 billion last quarter. Yes, $2 billion.
I said over a year ago that Facebook would be the worst tech investment in history. It’s now being confirmed as the worst performing IPO on record. Shortly after launching, I said that it would drop to $17 within a year, over 50% below its opening price. @robfontano @emiltsch OK. 1 Year. I say Facebook… Continue reading I said from the beginning that Facebook’s “buy point” was $17. I may have been too optimistic.
Stocks shot up 18% after a report that Groupon had slayed expectations from The Street to post its first quarterly profit. Better decisions on marketing spends and an increase in customers and merchants were the trigger point that marked the first real turn after a disastrous start. The company has been plagued by accounting issues… Continue reading Call it a comeback: Groupon posts profit, share prices surge
They say you have to spend money in order to make money. The problem for Yelp is that they may be spending too much money compared to what they’re earning. This is common for publicly-traded companies, but in their case they may be spending too much compared to how much they have the potential to… Continue reading Is Yelp spending too much money?