Total Pageviews

Tuesday, April 17, 2012

Marketplace - In Denial

Excellent information.

Mortgage insurance is meant to offer peace of mind. Most people pay the premiums and think they're covered. But some have discovered - when it's too late - that they aren't.

Thursday, April 12, 2012

What will be the next Instagram?

I love Instagram!

Facebook’s willingness to pay $1 billion to buy the 12-person start-up Instagram has Silicon Valley venture capitalists happily re-doing their math on the potential value of hot young companies.

The fact that Facebook was the buyer is itself seen as a big plus for the valuation of startups that may be adding subscribers rapidly but in some cases are still far from being profitable or ready for the public markets.

Until now, “it’s really just been Google,” said Jeremy Liew, a partner at Lightspeed Venture Partners who backs LivingSocial and others. “You really can’t get an auction with only one bidder.”

The price paid for Instagram, a company with no revenue, will also make it easier for potential acquirers to justify spending big for something perceived as strategic, according to Jeff Clavier, managing partner at SoftTech VC.

Some venture capitalists think Instagram was a one-off.

“It’s certainly an outlier from a valuation standpoint,” said Matt Murphy, a partner at Kleiner Perkins Caufield & Byers who manages its $200 million iFund. “There was a big strategic concern or threat there” for Facebook, he said.

Investors also caution that the dynamics that enable so-called Web 2.0 companies like Instagram to gain huge numbers of customers very quickly can also cut the other way.
One need only look at Highlight, a location-based social application for iPhones that was all the rage early last month and is now almost forgotten, or even Turntablefm, which lets far-flung friends listen to music together and has lost buzz after acclaim last summer.

Still, companies with certain characteristics — massive growth in users or a competitive edge in mobile applications, for example — could be in the hunt for a 10-figure payday. Here are some of the hottest prospects:

WHAT IT IS: A virtual pinboard that lets people easily assemble pictures and other bits of content online. Users follow each other, Twitter-style, and comment on each others’ pins, which can include anything from hot cars to vacation destinations. The nature of the content makes it e-commerce-friendly, and tremendous growth over the past six months puts it at the heart of the social networking revolution.
“If anyone wanted to make a counter-statement to Facebook, Pinterest would be a good way,” said Clavier, who is not an investor in the site.
FUNDING TO DATE: $37.5 million from Andreessen Horowitz, Bessemer Venture Partners and others. An investor told BusinessInsider last month the company was now worth $1 billion, up from the $200 million valuation it claimed in October at its last funding round.
KEY FACT: User base has grown to 19 million from 2 million in just six months, according to comScore Inc.
WHO ARE THESE GUYS: Founders Paul Sciarra and Ben Silbermann met at Yale. Half the 200 emails Silbermann sent to his friends asking them to join Pinterest at its launch went unopened.

WHAT IT IS: A blogging service that allows for mixed media posts, such as pictures with short captions.
“It’s in the same space as Pinterest,” said John Lilly of Greylock Partners, who worked on the $50 million funding round that Instagram wrapped up just before its sale to Facebook. “But it’s significantly bigger than Pinterest is on almost every single metric.”
FUNDING TO DATE: $125 million from Greylock, Sequoia and others.
In September 2011, Tumblr was valued at $800 million.
KEY FACT: High level of engagement, with users creating 14 original posts each month on average, Tumblr says.
WHO ARE THESE GUYS: Founder David Karp, doing Harvard drop-outs like Facebook CEO Mark Zuckerberg one better, quit the Bronx High School of Science at age 15. Spark Capital and Union Square Capital were two of Tumblr’s earliest investors, as they were at Twitter.

Thursday, April 5, 2012

New Water Front Listing!

104 Chemin de L'Ile, Ile-Cadieux
Gorgeous waterfront property in the second smallest municipality in Quebec. This well maintained bungalow has breath taking views of Ile Cadieux Bay. The bay has calm waters and the property offers deep water mooring. This home has a long history dating back to 1917.The property has a 3 tiered stone wall completely fronting on the lake. Enjoy the panoramics views from the sunroom which has 48 feet of windows.
This is paradise.

  L'Île-Cadieux is a village and municipality in the Montérégie region of Quebec, Canada.  It is located on and contiguous with Cadieux Island, which projects into Lake of Two Mountains just north off Vaudreuil-sur-le-Lac. The population as of the Canada 2006 Census was 128.