Digital Sky Technologies posts
FeedPosted Mar 4th 2010 2:00PM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Microsoft (MSFT), Yahoo! (YHOO), Intel (INTC), Oracle Corp (ORCL), Initial Public Offerings, Technology

It's not just Digital Sky Technologies that is in "no rush" for Facebook to go public -- Facebook's founder says he's happy to take his time, too. CEO
Mark Zuckerberg, according to the Wall Street Journal is putting his head together with those of Paul Otellini, CEO of Intel (
INTC) and Charles Phillips, president of Oracle (
ORCL) to gain insights on running his company, over which he'll have more control as a result of
Facebook's dual-class share structure. If Zuckerberg gets his way, he'll run Facebook for a while before taking the dive into public capital markets.
Zuckerberg tells the Wall Street Journal(subscription required), "We're going to go public eventually, because that's the contract that we have with or investors and our employees." Doubtless, these two parties are eager to experience a liquidity event, particularly those from the company's earliest days and preliminary financing rounds.
Continue reading Zuckerberg in 'No Rush' for Facebook IPO
Posted Feb 22nd 2010 9:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Microsoft (MSFT), Electronic Arts (ERTS), Media World, Technology

Are you still suspicious of the
$6.5 billion Facebook valuation that resulted from Digital Sky's $100 million investment last July? And doubtless, the
$15 billion valuation implied by Microsoft's (
MSFT) 2007 investment in the company was, to say the least, aspirational. Well, the insanity is continuing to mount – throughout the Facebook ecosystem. A recent report by Global Silicon Valley Partner's NeXt Up Research organization puts the price tag of Zinga, the Facebook application developer, at a whopping $3.3 billion ... half of Facebook's!
Granted,
Zynga has done a few things to wow social media market-wachers and investors.
NeXt Up Research forecasts 35% growth for this company over the next four years and just upped its 2014 revenue projection to $1.1 billion. The previous estimate was only $460 million. What could possibly justify these numbers? Well, Zynga has grown from 30 million users to 230 million in only 10 months, largely as a result of the strength shown by Facebook over this period. Farmville has been the company's engine, with close to 80 million monthly active users.
Continue reading Zynga Valuation Said to Top $3 Billion
Posted Jan 5th 2010 2:20PM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Microsoft (MSFT), News Corp'B' (NWS), Media World, Technology
Facebook could use more older women, not to mention younger people in general. As the company pushes toward what is expected to be an IPO in 2010, it needs to shore up its user base in all demographics, if for no other reason than to diversify against a new social media platform that appeals to a specific community. So, even with the site pushing past 100 million monthly active users according to its advertising tool, with the addition of 5 million in December, there is work to be done if Facebook will make a successful entry into the public market.
Long derided by "serious folk" as a place for kids, Facebook's membership consists mostly of adults. Fifty-six percent of the user base is female, and 60% of users are 25 years of age or above. In fact, 20% of them are at least 45 years old. Some of the groups that are underrepresented are showing rapid growth. Men over 55 grew twice as fast as their female counterparts, though the younger generation moved onto Facebook most aggressively last year. Users age 26 to 34 showed the biggest overall increase in 2009, with 839,000 monthly active users. This represents a substantial shift from the trend earlier in the year, in which it was the later generation flocking to Facebook. Women over 55 didn't jump on the bandwagon as quickly as other groups.
Continue reading Demographic Gaps Threaten Facebook's Future