Baidu.com is IPO of the week: "Included in this week's busy IPO lineup is a deal that could prove to be one of the hottest offerings of 2005. The company goes by the name of Baidu (pronounced 'Buy--do'), a fast-growing, ad-supported online search engine in China, and it has been referred to by many in the investment community as the 'Chinese Google.'" —MarketWatch
Wednesday, August 03, 2005
Zero. Zip. Nada.: "The US personal savings rate fell to zero in July – its lowest level since the latest spending binge started (post 9/11) and the 2nd lowest since the Great Depression. You can read the full government report here (be sure to check out some of the tables – very interesting information). " —Seth Levine (Mobius VC)
VCs party like it's 1999 with Brilliant Shopper deal: "Silicon Valley venture capitalists with no Internet experience are rushing to fund Internet companies. Sound like 1999? Think again. We're in 2005, and it's happening again—at least in some quarters." —SiliconValley.com
Tuesday, August 02, 2005
A Return to Dot.Bomb?: "Domain name pricing creeping up on marketable top level domains." —Designtechnica
Monday, August 01, 2005
10-year yield, S&P 500 reach Fibonacci targets: "The S&P 500 has also apparently broken out, as it reached last Thursday (1,245.15) the highest price seen since June 13, 2001." —MarketWatch
Saturday, July 30, 2005
Housing market still red-hot: "If you were looking for signs that the red-hot housing market is beginning to cool, you would have been hard-pressed to find them in the latest batch of economic data." —MSNBC
Monday, July 25, 2005
Austin-area venture investing falls: "Austin suffered its worst three months of venture capital investment since before the dot-com boom of the late 1990s, according to a report due out today." —Austin American-Statesman
Somebody wake up John Thornton.
Somebody wake up John Thornton.
Saturday, July 23, 2005
Another tech-stocks bubble?: "Investors move from complete abandonment of the stockmarket at a major market bottom like March 2003, then gradually through a period of increasing confidence until they get to a point where greed really sets in." —The Economist
Greed is good. TV said it.
Greed is good. TV said it.
Friday, July 22, 2005
Google story moves from irrational to manic: "In day-trading rooms across the globe on Friday, you could smell the stale sweat. It's left over from Thursday, when investors who focus on the ultra-short-term got their first taste of the panic selling that can grip a speculative stock like Google Inc." —MarketWatch
Futurist sees the demise of 'old media': "A respected futurist with a rocky record on stock picks announced this week he hears the death rattle of old media. George Gilder said so at the Always On Stanford Innovation Summit in Palo Alto, California." —MarketWatch
Bubble 2.0 sees the demise of reason when people start listening to 'futurists'.
Bubble 2.0 sees the demise of reason when people start listening to 'futurists'.
Thursday, July 21, 2005
Hiring incentives going up?: "One way you can tell that hiring is getting harder is when there's more flexibility on the part of hiring teams. Jenna, over on Microsoft's JobsBlog, tells one such story of how we got some smart hires." —Robert Scoble
Where's the Vertical Exit?: "Vertical Search is one of the hottest sectors these days, with startups being built to flip in every vertical and horizontal you can think of. Reminds me of B2B, although there is decided value being created by many of them." —Ross Mayfield (SocialText)
Tuesday, July 19, 2005
Down on Upgrades: "A recent report from bond-rating agency Standard & Poors says that the second quarter saw the highest number of ratings downgrades in history for mortgage backed securities." —BusinessWeek Online
Monday, July 18, 2005
Fast, Furious Fundraising: "Average fund sizes for venture capital and private equity are set to beat out 2000 levels, a study shows." —Red Herring
Saturday, July 16, 2005
Housing Goes Frothy to Flat in Denver Area: "With economists warning that prices in hot markets cannot continue to rise as sharply as they have in the past few years, the experience of Denver's homeowners may foreshadow what could happen if those markets start to cool." —The New York Times
Thursday, July 14, 2005
Google powers past $300; earnings expected to double: "Google powered past $300 a share again in Thursday trading, as investors became increasingly confident the online-search giant would more than double its earnings in the second quarter." —MarketWatch
OK, maybe that $400 target for AMZN, er, $350 target for GOOG, wasn't so pie-in-the-sky after all.
OK, maybe that $400 target for AMZN, er, $350 target for GOOG, wasn't so pie-in-the-sky after all.
S&P 500 at 4-yr high on strong earnings: "The Standard & Poor's 500 stock-index hit a four-year high on Thursday after Apple Computer Inc. said it quintupled its quarterly profit and the government reported increased retail sales last month with tame inflation." —Yahoo! News: Business
Google price target boosted to $350 at Lehman Brothers: "Google, Inc.'s price target was lifted to $350 from $275 by Lehman Bros. on Thursday." —MarketWatch
Sounds like somebody wants to be the next Henry Blodgett.
Sounds like somebody wants to be the next Henry Blodgett.
Wednesday, July 13, 2005
Google homebuyers trying to hide purchases via anonymous trusts: "In what should come as a surprise to no one, Google employees flush with cash after dumping incredible amounts of insider shares are buying up all the swanky homes in Silicon Valley they can find. Up to 35% of all sales in the upper-end of the market in Atherton are now by Googlers, a local home broker says." —F'edGoogle
Off the World Stage, Taking a Role in Venture Capitalism: "On Wednesday, Kleiner Perkins Caufield & Byers, perhaps Silicon Valley's most famous venture firm, will announce that former Secretary of State Colin L. Powell is joining the firm as a part-time partner." —The New York Times
The general will be a limited, not general, partner. Ironic, no? No.
The general will be a limited, not general, partner. Ironic, no? No.
Built To Flip Companies Upsetting Real Estate Owners: "While there were reports of 40% vacancy rates during the post-bubble years, office space just isn't filling up as fast as many expected. The problem? All these companies that were built to flip. They rent small offices, and then move out as soon as a big company buys them, leaving the office space vacant." —Techdirt
Tuesday, July 12, 2005
Kozmo Comeback: "Remember Kozmo? New York-based MaxDelivery seems to be reviving that failed dotcom business model." —Fast Company Now
Monday, July 11, 2005
Housing Markets Pricing Out Middle Class: "The red-hot housing market in booming cities across the country has made the dream of owning a home out of reach, not only for low-income families but also for white-collar professionals." —AP via Yahoo! News
Feds eye housing bubble: "Many economists who once were skeptical about a housing bubble are now beginning to worry about the rapid rise in home prices. And federal regulators are starting to step in by reining in overly aggressive lenders." —MSNBC
Saturday, July 09, 2005
Boom in Jobs, Not Just Houses, as Real Estate Drives Economy: "If housing prices in the hottest markets actually begin falling, as some economists fear, the vast real estate sector could act as a drag on the entire economy. About 40 percent of housing booms in rich countries over the last three decades have ended in busts, according to a recent study by the International Monetary Fund. Busts almost inevitably led to recessions, the study found." —The New York Times
Thursday, July 07, 2005
28% of Americans are living paycheck to paycheck: "ACNielsen says 28% of Americans have no spare cash and are living paycheck to paycheck." —AlwaysOn Network
Wednesday, July 06, 2005
Avis offers Hummers with built-in DIRECTV: "If you’re planning a trip to the Grand Canyon this summer, why not do it in a military-inspired SUV pimped out with satellite TV to keep the kids from getting antsy? That’s the deal being offered by the Avis office at Sky Harbor International Airport in Phoenix, where you can rent a Hummer H3 with built-in DIRECTV service (powered by a TracVision A5 low-profile receiver; no need for a rooftop mega-dish)." —Engadget
Hopefully they'll start offering these at SFO so I can show up to my meetings on Sand Hill Road in style.
Hopefully they'll start offering these at SFO so I can show up to my meetings on Sand Hill Road in style.
Sunday, July 03, 2005
Google stock may be at risk - analysts: "Google investors have grown accustomed to eye-popping overperformance from the Silicon Valley Web darling and have pushed Google's market value to more than $80 billion compared with eBay's $45 billion and Yahoo's $48 billion." —Yahoo! Finance
Friday, July 01, 2005
First Half’s IPOs Soar: "New issues have returned 14.5 percent while the Nasdaq lost 5.8 percent during the first half of 2005." —Red Herring
RSS focus funds? Its over Already?: "RSS is by the way, no longer the new black because VC funds are being established to capitalize on RSS. Where have I read this script before? Oh wait, Java fund!" —Om Malik on Broadband
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