Values, Value and Valuation — The money is all relative
Oh how timing sometimes works out to be funny. I was driving home tonight and started thinking about the value of products, the valuation of companies and how the values that a company portrays can change the rest. No sooner had I sat down to write this piece than the news of Goldman Sachs investing $500 million into Facebook broke and refreshed the entire thing in my mind. So let’s look at these three things, and try to see if one manages to sway the rest.
Values
Do you, like me, find yourself more inclined to use or purchase something that comes from a company that you can believe in? The ethos of a company can — for me at least — completely break me away from the product. That very fact, because I feel that I’m likely not alone in my actions (or lack thereof) can have a serious impact on the bottom line of a company.
Look at Facebook, for instance. When the Social Graph was announced and the new privacy changes went into effect, many people threw up their hands in disgust. But many others continued with life as usual, even if a bit annoyed. Why? Because Facebook has this outward appearance of a company that’s simply trying to do cool things, and it needs information in order to do them. The company’s values seem, for the most part, to be in line with the things that we Internet users want. As such, there was a lot more wagging and a lot less barking from the angry dogs crowd.
You’re starting a company? There’s likely something to be said for developing an ethos ahead of time, making it known and then sticking to it. Would Google be where it is today if not for the “don’t be evil” tag line? Even if you don’t fully believe that the company runs that way, you still remember it. Point made.
Value
When value exceeds cost, even by a single cent, the purchase will be made – Grant Cardone
That quote is one that has stuck with me for some time now. A few years ago I was making my living selling cars and it is sometimes exceedingly difficult to overcome the objection of price. In the technology world, we’re constantly being offered products for “free”. The only cost? A bit of information, a slice of our privacy or somethings similar. But then, after using those “free” products, we start to build our own value for them.
Don’t believe me? Just look at some of the things that you likely use every day. Gmail? You’d pay for that. Twitter? You don’t want to admit it, but it’s likely become a valuable asset to your daily Internet life. The same can be said for so many things and yet we get them for “free”. But there’s a down side to this issue as well — it becomes very difficult for a maker to charge for a product when there are free alternatives. Don’t believe that? When was the last time that a box office movie didn’t get a torrent version?
And yet, even as companies try to build value in their products, still others think that the economy allows for them to set their own values and tell us what something is worth. TV networks are probably the most well-known perpetrators of this heresy. Apple TV launched, ABC and Fox decided to jump on board and see what would happen. Some of the rest? They decided that $.99 was devaluing the product and yet as the provider of the product, there is no one entity that is more unqualified to name the value.
Consider it a lesson in business, I suppose. The potential buyer will determine the value of your product. Always.
Valuation
Now here’s a sticky one. Valuation is one of those strange things because it means so many different things to different people. To the potential investors, it’s a measure of how much money can be made. To the business owner it’s a gauge of how well the business has done. To the end user? It’s…honestly not much.
As a case in point, around TNW we love Twitter. We want to see it succeed and we are sure that it will. The valuation continues to climb prior to any IPO and yet, as users of the service, it really doesn’t matter much to us. Sure, it would matter if the site closed its doors, but beyond that there simply isn’t anything about the valuation number that matters.
And so, as an entrepreneur you have to ask yourself where the balance lies. Do your company values allow you to build value in your product? If so, then the chances are that your valuation will end up right where it needs to be. There’s a fair amount of truth in the thought that, if you handle the small stuff, the big stuff will fall into place.
So with that, I offer you a thought going into the new year — start with your values. The rest will fall into place.
The Weekly Standard blows the lid off another non-scandal -- and, in the process, all but begs House Republicans to conduct a wasteful and inane investigation:
HHS is Paying Google with Taxpayer Money to Alter 'Obamacare' Search Results (Updated)
The brazenness of the Obama administration never ceases to amaze. Try typing "Obamacare" into Google, and you'll find that the first entry is now the Obama administration's www.healthcare.gov. If you don't particularly like that result, you'll probably hate the fact that you're paying for it.
...
Using taxpayers' money to alter the results of search engines and to control the flow of information is disturbing on multiple levels. It's particularly disturbing when it's done to promote a massive expansion of government power, like Obamacare. And one wonders how – or if – it's even legal.
Perhaps the new House of Representatives will want to ask the unelected Secretary Sebelius to explain how, or why, she thinks such use of taxpayers' money to promote a particular -- and highly unpopular -- political agenda is legally or substantively justifiable.
This is dumb, even for the Weekly Standard (though not too dumb to get Townhall in a lather.)
"Obamacare" isn't a "political agenda," it's a government program, passed by Congress and signed into law by the President. The government has a natural and appropriate interest in making sure the public knows how a new government program works. The public, quite obviously, has such an interest as well.
Buying ads on Google isn't "control[ing] the flow of information," it's buying ads. It isn't a nefarious bribe to get Google to alter search results; it's how Google ads work. Here's the first example that popped into my head:
See what happened there? I typed "the weekly standard" into Google's search box, and Google put an ad for the Weekly Standard atop my search results. That's exactly what happened with the www.healthcare.gov ads in question. Here's a screenshot, from Politico's Ben Smith:
So, this is nothing more than the government buying ads, exactly -- exactly -- like The Weekly Standard does. Is that a scandal? Of course not. The government buys ads all the time. Like those military recruitment commercials you probably see a few hundred times a year. I haven't seen the Weekly Standard denounce that as an illegal use of taxpayer money to promote a political agenda by controlling the flow of information. Good thing, too: Such a complaint would be stupid.
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake
Values, Value and Valuation — The money is all relative
Oh how timing sometimes works out to be funny. I was driving home tonight and started thinking about the value of products, the valuation of companies and how the values that a company portrays can change the rest. No sooner had I sat down to write this piece than the news of Goldman Sachs investing $500 million into Facebook broke and refreshed the entire thing in my mind. So let’s look at these three things, and try to see if one manages to sway the rest.
Values
Do you, like me, find yourself more inclined to use or purchase something that comes from a company that you can believe in? The ethos of a company can — for me at least — completely break me away from the product. That very fact, because I feel that I’m likely not alone in my actions (or lack thereof) can have a serious impact on the bottom line of a company.
Look at Facebook, for instance. When the Social Graph was announced and the new privacy changes went into effect, many people threw up their hands in disgust. But many others continued with life as usual, even if a bit annoyed. Why? Because Facebook has this outward appearance of a company that’s simply trying to do cool things, and it needs information in order to do them. The company’s values seem, for the most part, to be in line with the things that we Internet users want. As such, there was a lot more wagging and a lot less barking from the angry dogs crowd.
You’re starting a company? There’s likely something to be said for developing an ethos ahead of time, making it known and then sticking to it. Would Google be where it is today if not for the “don’t be evil” tag line? Even if you don’t fully believe that the company runs that way, you still remember it. Point made.
Value
When value exceeds cost, even by a single cent, the purchase will be made – Grant Cardone
That quote is one that has stuck with me for some time now. A few years ago I was making my living selling cars and it is sometimes exceedingly difficult to overcome the objection of price. In the technology world, we’re constantly being offered products for “free”. The only cost? A bit of information, a slice of our privacy or somethings similar. But then, after using those “free” products, we start to build our own value for them.
Don’t believe me? Just look at some of the things that you likely use every day. Gmail? You’d pay for that. Twitter? You don’t want to admit it, but it’s likely become a valuable asset to your daily Internet life. The same can be said for so many things and yet we get them for “free”. But there’s a down side to this issue as well — it becomes very difficult for a maker to charge for a product when there are free alternatives. Don’t believe that? When was the last time that a box office movie didn’t get a torrent version?
And yet, even as companies try to build value in their products, still others think that the economy allows for them to set their own values and tell us what something is worth. TV networks are probably the most well-known perpetrators of this heresy. Apple TV launched, ABC and Fox decided to jump on board and see what would happen. Some of the rest? They decided that $.99 was devaluing the product and yet as the provider of the product, there is no one entity that is more unqualified to name the value.
Consider it a lesson in business, I suppose. The potential buyer will determine the value of your product. Always.
Valuation
Now here’s a sticky one. Valuation is one of those strange things because it means so many different things to different people. To the potential investors, it’s a measure of how much money can be made. To the business owner it’s a gauge of how well the business has done. To the end user? It’s…honestly not much.
As a case in point, around TNW we love Twitter. We want to see it succeed and we are sure that it will. The valuation continues to climb prior to any IPO and yet, as users of the service, it really doesn’t matter much to us. Sure, it would matter if the site closed its doors, but beyond that there simply isn’t anything about the valuation number that matters.
And so, as an entrepreneur you have to ask yourself where the balance lies. Do your company values allow you to build value in your product? If so, then the chances are that your valuation will end up right where it needs to be. There’s a fair amount of truth in the thought that, if you handle the small stuff, the big stuff will fall into place.
So with that, I offer you a thought going into the new year — start with your values. The rest will fall into place.
The Weekly Standard blows the lid off another non-scandal -- and, in the process, all but begs House Republicans to conduct a wasteful and inane investigation:
HHS is Paying Google with Taxpayer Money to Alter 'Obamacare' Search Results (Updated)
The brazenness of the Obama administration never ceases to amaze. Try typing "Obamacare" into Google, and you'll find that the first entry is now the Obama administration's www.healthcare.gov. If you don't particularly like that result, you'll probably hate the fact that you're paying for it.
...
Using taxpayers' money to alter the results of search engines and to control the flow of information is disturbing on multiple levels. It's particularly disturbing when it's done to promote a massive expansion of government power, like Obamacare. And one wonders how – or if – it's even legal.
Perhaps the new House of Representatives will want to ask the unelected Secretary Sebelius to explain how, or why, she thinks such use of taxpayers' money to promote a particular -- and highly unpopular -- political agenda is legally or substantively justifiable.
This is dumb, even for the Weekly Standard (though not too dumb to get Townhall in a lather.)
"Obamacare" isn't a "political agenda," it's a government program, passed by Congress and signed into law by the President. The government has a natural and appropriate interest in making sure the public knows how a new government program works. The public, quite obviously, has such an interest as well.
Buying ads on Google isn't "control[ing] the flow of information," it's buying ads. It isn't a nefarious bribe to get Google to alter search results; it's how Google ads work. Here's the first example that popped into my head:
See what happened there? I typed "the weekly standard" into Google's search box, and Google put an ad for the Weekly Standard atop my search results. That's exactly what happened with the www.healthcare.gov ads in question. Here's a screenshot, from Politico's Ben Smith:
So, this is nothing more than the government buying ads, exactly -- exactly -- like The Weekly Standard does. Is that a scandal? Of course not. The government buys ads all the time. Like those military recruitment commercials you probably see a few hundred times a year. I haven't seen the Weekly Standard denounce that as an illegal use of taxpayer money to promote a political agenda by controlling the flow of information. Good thing, too: Such a complaint would be stupid.
robert shumake detroit
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake detroit
Freelance SEO articles are one of the best internet money making ideas to become available to anyone interested in making money at home. With the rise of internet marketing, businesses all over the world need freelance writers who can write SEO friendly articles. While money making ideas can be found throughout the internet, few actually pay as well as writing freelance SEO articles. Great success from freelance articles and SEO comes with hard work but can be achieved by anyone who can write.
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Once a freelance writer knows how to use keywords, has registered with a site that pays for SEO articles, has come up with some article ideas it's time to write away. Some of the best articles to write are actually about internet money making ideas just like this one. If you have some other money making ideas try writing some keyword rich SEO articles that are geared toward this topic. To make the most out of freelance SEO articles you should always be sure to include a new twist on a commonly searched topic. If you can achieve a commonality amongst a highly searched theme without using keywords that are already highly used you have a great freelance writing opportunity at your fingertips.
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When choosing to become a freelance writer and write SEO articles for money the most important thing to consider is your time. Do not take your time for granted. Scheduling is very important to freelance writers and businesses competing for your talent expect that you will provide quality SEO articles in a timely fashion. Do not find yourself loosing gigs because you fall behind as this will only reflect poorly on you as a freelance writer. Get scheduled properly and start making money as a freelance writer!
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake
robert shumake
Values, Value and Valuation — The money is all relative
Oh how timing sometimes works out to be funny. I was driving home tonight and started thinking about the value of products, the valuation of companies and how the values that a company portrays can change the rest. No sooner had I sat down to write this piece than the news of Goldman Sachs investing $500 million into Facebook broke and refreshed the entire thing in my mind. So let’s look at these three things, and try to see if one manages to sway the rest.
Values
Do you, like me, find yourself more inclined to use or purchase something that comes from a company that you can believe in? The ethos of a company can — for me at least — completely break me away from the product. That very fact, because I feel that I’m likely not alone in my actions (or lack thereof) can have a serious impact on the bottom line of a company.
Look at Facebook, for instance. When the Social Graph was announced and the new privacy changes went into effect, many people threw up their hands in disgust. But many others continued with life as usual, even if a bit annoyed. Why? Because Facebook has this outward appearance of a company that’s simply trying to do cool things, and it needs information in order to do them. The company’s values seem, for the most part, to be in line with the things that we Internet users want. As such, there was a lot more wagging and a lot less barking from the angry dogs crowd.
You’re starting a company? There’s likely something to be said for developing an ethos ahead of time, making it known and then sticking to it. Would Google be where it is today if not for the “don’t be evil” tag line? Even if you don’t fully believe that the company runs that way, you still remember it. Point made.
Value
When value exceeds cost, even by a single cent, the purchase will be made – Grant Cardone
That quote is one that has stuck with me for some time now. A few years ago I was making my living selling cars and it is sometimes exceedingly difficult to overcome the objection of price. In the technology world, we’re constantly being offered products for “free”. The only cost? A bit of information, a slice of our privacy or somethings similar. But then, after using those “free” products, we start to build our own value for them.
Don’t believe me? Just look at some of the things that you likely use every day. Gmail? You’d pay for that. Twitter? You don’t want to admit it, but it’s likely become a valuable asset to your daily Internet life. The same can be said for so many things and yet we get them for “free”. But there’s a down side to this issue as well — it becomes very difficult for a maker to charge for a product when there are free alternatives. Don’t believe that? When was the last time that a box office movie didn’t get a torrent version?
And yet, even as companies try to build value in their products, still others think that the economy allows for them to set their own values and tell us what something is worth. TV networks are probably the most well-known perpetrators of this heresy. Apple TV launched, ABC and Fox decided to jump on board and see what would happen. Some of the rest? They decided that $.99 was devaluing the product and yet as the provider of the product, there is no one entity that is more unqualified to name the value.
Consider it a lesson in business, I suppose. The potential buyer will determine the value of your product. Always.
Valuation
Now here’s a sticky one. Valuation is one of those strange things because it means so many different things to different people. To the potential investors, it’s a measure of how much money can be made. To the business owner it’s a gauge of how well the business has done. To the end user? It’s…honestly not much.
As a case in point, around TNW we love Twitter. We want to see it succeed and we are sure that it will. The valuation continues to climb prior to any IPO and yet, as users of the service, it really doesn’t matter much to us. Sure, it would matter if the site closed its doors, but beyond that there simply isn’t anything about the valuation number that matters.
And so, as an entrepreneur you have to ask yourself where the balance lies. Do your company values allow you to build value in your product? If so, then the chances are that your valuation will end up right where it needs to be. There’s a fair amount of truth in the thought that, if you handle the small stuff, the big stuff will fall into place.
So with that, I offer you a thought going into the new year — start with your values. The rest will fall into place.
The Weekly Standard blows the lid off another non-scandal -- and, in the process, all but begs House Republicans to conduct a wasteful and inane investigation:
HHS is Paying Google with Taxpayer Money to Alter 'Obamacare' Search Results (Updated)
The brazenness of the Obama administration never ceases to amaze. Try typing "Obamacare" into Google, and you'll find that the first entry is now the Obama administration's www.healthcare.gov. If you don't particularly like that result, you'll probably hate the fact that you're paying for it.
...
Using taxpayers' money to alter the results of search engines and to control the flow of information is disturbing on multiple levels. It's particularly disturbing when it's done to promote a massive expansion of government power, like Obamacare. And one wonders how – or if – it's even legal.
Perhaps the new House of Representatives will want to ask the unelected Secretary Sebelius to explain how, or why, she thinks such use of taxpayers' money to promote a particular -- and highly unpopular -- political agenda is legally or substantively justifiable.
This is dumb, even for the Weekly Standard (though not too dumb to get Townhall in a lather.)
"Obamacare" isn't a "political agenda," it's a government program, passed by Congress and signed into law by the President. The government has a natural and appropriate interest in making sure the public knows how a new government program works. The public, quite obviously, has such an interest as well.
Buying ads on Google isn't "control[ing] the flow of information," it's buying ads. It isn't a nefarious bribe to get Google to alter search results; it's how Google ads work. Here's the first example that popped into my head:
See what happened there? I typed "the weekly standard" into Google's search box, and Google put an ad for the Weekly Standard atop my search results. That's exactly what happened with the www.healthcare.gov ads in question. Here's a screenshot, from Politico's Ben Smith:
So, this is nothing more than the government buying ads, exactly -- exactly -- like The Weekly Standard does. Is that a scandal? Of course not. The government buys ads all the time. Like those military recruitment commercials you probably see a few hundred times a year. I haven't seen the Weekly Standard denounce that as an illegal use of taxpayer money to promote a political agenda by controlling the flow of information. Good thing, too: Such a complaint would be stupid.
robert shumake
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
Social <b>News</b> Site Reddit Reports 200%+ Growth in 2010
Social news site Reddit posted year-end numbers this afternoon including January and December page view stats that climbed from 250 million pageviews to more than 3X that number, ...
Apple's iOS market share tops Android, RIM | Apple - CNET <b>News</b>
iOS is leading Google's Android and RIM's BlackBerry operating system in U.S. market share, but Nielsen says the race may be to close to call. Read this blog post by Jim Dalrymple on Apple.
robert shumake
robert shumake
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