How much revenue does it take to be a $1B public company?


One billion dollars neatly stacked.

With all the chatter about Billion dollar valuations — like Instagram, Evernote, Splunk —  combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people’s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape?

First of all – get Instagram out of your mind. The price it sold for is not relevant to us mere mortals who are building B2B software businesses. For all good, non-bubble reasons, SaaS companies need tens of millions in revenue, high growth, and solid business fundamentals. What you may notice though, is that revenue may be lower than what we’ve become accustomed to during the last few years of IPO drought…

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Richest Americans You’ve Never Heard Of

These folks are in the money!
Microsoft’s (MSFT) Bill Gates, Berkshire Hathaway’s (BRK.A) Warren Buffett and Apple’s (AAPL) Steve Jobs are all household names in addition to being among the wealthiest people in the country. There are, however, other billionaires, whose companies or products are also among the best-known in the country, yet they live in relative obscurity, unknown to most — including their best customers.

Take Subway, which serves 2,800 sandwiches and salads every 60 seconds in the U.S. How many of its customers have ever heard of its founder, Fred DeLuca, who was 17 when he opened the first store? Or Peter Buck, the family friend who loaned DeLuca the $1,000 that got the company off the ground back in 1965?

And just who else have you never heard of?

Facebook Soon To Be Worth Over $1 Billion A Year According To New Figures From Inside Facebook


Facebook is set to be worth over $1 billion a year, according to new figures that estimate projected revenue for the social networking site.

Facebook is set to break the billion dollars of revenue mark by the end of 2010, according to Inside Facebook’s new figures.

Tending virtual farms

Facebook has over 400 million users, many of whom spend an inordinate amount of time poking their online mates and tending to their virtual farms.

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China’s Massive $586 Billion Stimulus Plan

 China’s Massive $586 Billion Stimulus Plan

The world’s largest inflation cycle is about to begin

China on Sunday night announced an aggressive $586 billion economic stimulus package, the largest in the country’s history, at a time when it is struggling with increasing social unrest due to factory closings and rising unemployment.

In a wide-ranging plan that economists are comparing to the New Deal, the government said it would ease credit restrictions, expand social welfare services and launch an infrastructure spending program that would include the construction of new railways, roads and airports.

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The Fleecing of America

 The Fleecing of America

Roger Cohen: World leaders converge on a battered New York this week for the United Nations General Assembly and my advice to them is: think Damien Hirst.

It’s not that I expect them to dwell on the British artist’s giant tanks of dead sharks and piglets at a time when the U.S. economy is being socialized to the tune of $700 billion ($2,000 for every man, woman and child in the country) as a result of a giant mortgage-related Ponzi scheme.

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Zimbabwean Crisis: Z$100 Billion Note Won’t Even Buy You Lunch


The new note is three zeros short of Germany’s 1924 100-trillion-mark note

If you think the American economy is bad, take heart that it’s nowhere near the ultra-super-hyperinflation in Zimbabwe, once one of the richest countries in Africa. The country’s central bank has recently issued a Z$100 billion note (yes, Z$100,000,000,000).

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