Tag: business
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Link: The Majority of Top Performing IPOs Were Never Unicorns | Jeff Richards | Pulse | LinkedIn
“Given the data we shared at the beginning of this post – 75% of the top 20 performing IPOs from the last four years went out at valuations below $1 billion – one would think we’d see this trend picking up steam. Recent sub-$1 billion IPOs by companies like SendGrid, Blackline and TradeDesk have all…
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Link: The Problem With Courting Amazon
‘The question of whether, or how much, incentives actually spark a community’s economic growth is still unsettled. That’s partly because coming to any bottom-line answer is extremely difficult given all the possible variables in any scenario. “The overall conclusion is that effectiveness is there,” says Peter Fisher, a professor emeritus at the University of Iowa…
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Link: The case against Amazon HQ2 for Austin
“Austin’s tech talent pool has become increasingly tight, and it would be better for our economy to grow by 50 companies with 1,000 employees each than by one mega-project with 50,000 employees.” Original source: The case against Amazon HQ2 for Austin
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Link: Seattle’s complaints about Amazon HQ1
People say Amazon isn’t good for Seattle, here’s a summary of the issues: ‘Housing prices in Seattle are rising faster than anywhere else in the nation. According to Business Insider, from 2005 to 2015, Seattle’s median rent jumped from $1,008 to $1,286, an increase nearly three times the national median, while the city’s median home…
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Link: Amazon HQ2 blamed for high real-estate, rent, and traffic in Seattle
‘High demand and low inventory creates bidding wars and animosity among those who can’t even afford a starter home in the city they grew up in,” Kurt Schlosser wrote in September for GeekWire. “And the rent is too damn high, too. Workers who don’t wear tech badges for a living are forced to look outside…
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Link: WSO2: Our 2017 Results and 2018 Plan
2% profit margin is much better than no- or negative-percent. “In 2017, we will exit our Annualized Recurring Revenue (ARR) between $24.5 — $25.5M, a growth of 52%, up from 46% growth the previous year. Our gross margin for the recurring business is 88%, and will increase in coming years. In 2017, we will turn our first…
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Link: The New York Times’ stock jumped following Facebook’s “trustworthy” news announcement
Wall Street likes it. Original source: The New York Times’ stock jumped following Facebook’s “trustworthy” news announcement
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Link: New Economy, Meet Old Continent
‘This is not “sharing” economy; these are fully professionalised marketplaces.’ Original source: New Economy, Meet Old Continent
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Link: Dropbox files for IPO — and their numbers are looking solid
“doing over $1B in annualized sales and are cash flow positive.” Original source: Dropbox files for IPO – and their numbers are looking solid
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Link: Building the convincing PaaS business case
Pretty good check-in on current studies showing productivity and ROI from using PaaS. Original source: Building the convincing PaaS business case
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Link: Is everything you think you know about depression wrong?
‘between 2011 and 2012, the polling company Gallup conducted the most detailed study ever carried out of how people feel about the thing we spend most of our waking lives doing – our paid work. They found that 13% of people say they are “engaged” in their work – they find it meaningful and look…
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Link: What Successful Digital Transformations Have in Common
Some good little zingers, if you trust the interpretation which is a bit wild at times. Link to original
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Link: WP Engine Attracts $250 Million Silver Lake Investment
“WP Engine also announced it reached more than $100 million in annual recurring revenue with over 75,000 customers globally, up 30 percent year-over-year.” Link to original
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Link: Lots of M&A in 2017
“Worldwide, more than 50k deals went down, worth in excess of $3.5T. More than a quarter of these (13,024) were in the US, up from 11,470 in 2016.” Link to original
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Link: 451 JFrog update
“JFrog reports more than 4,000 paying customers… 451 Research estimates JFrog’s annual revenue at between $70m and $90m.” Link to original
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Link: Diversity in Tech Remains Elusive Due to Racism, Lack of Representation and Cultural Differences
‘As a self-proclaimed Black “nerd” and active social media user, Moore also cites cultural differences as one of the main reasons tech companies don’t hire more people from underrepresented minorities groups. She herself remembers laughing awkwardly alongside white college peers and classmates to jokes she didn’t necessarily find funny due to cultural differences in social…
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The fight for money between states and cities
The miniature culture wars fought between cities and states—such as North Carolina’s tussle with Charlotte over its anti-discrimination rules—are well known. The financial tensions between them are quieter but as important. “Money is usually the main problem,” says Larry Jones of the United States Conference of Mayors, and especially divisive in lean times. Link
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People (say they) will spend more on clothes that actually fit
It’s a sore point for many shoppers, who are ready and eager to spend more on designer clothes if only they were available: 78% of respondents in a recent survey of plus-size shoppers said that they’d be willing to spend more money if designers offered more options, and 80% said they’d likely purchase an item…
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Getting paid to podcast, trump’s possible effects on tech – Coté Memo #20
The long break is coming up – Thanksgiving and then Christmas, the holidays as it were. For sales people, Q4 of course is anything but a break, so hug your sales person. Getting paid, podcast edition I got a few offers sponsoring the Software Definded Talk podcast. It looks like we could get about $75…
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Link: Walmart to Close 269 Stores as Retailers Struggle
Closing mostly smaller stores and Brazil. All in, just 3% of stores globally, and opening 300 next year. Sounds more like a re-tooling. There’s good coverage of the US retail climate as well. Source: Walmart to Close 269 Stores as Retailers Struggle
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