In 2002 it all started. Now LinkedIn went public at the NY Stock Exchange, with a euphoria driven demand doubling its stock price of $45 to $94 on the first day. On about 100 million shares outstanding, this values the company at nearly $10 billion. That is approx. 610 times the 2010 profits ($15.4 million). And that, hold tight, makes up for a wowzy P/E of 610! For the ones of you who are not into trading: LNKD currently is one of the most expensive stock in the universe. However, maybe you're more into sociology, then the following fact might be of interest: At a market cap of $10 billion and 100 million each member and his connections is worth $100. If you care less about money, then you'll probably like this one from mashable:
Yesterday, the Ubelly bloggers announced this year's nominees for their Critters Awards. We are not really sure what this is about, but the original Critters movie being a very fun thing to watch, we are excited to be among the lucky ones!
Let's see how this goes, thanks to the Ubelly crew for nominating us, if there's anything we can do to win, let us know (nudge nudge)!
Here's some food for thought (combined with the latest numbers on Facebook): What would you do if Facebook didn't exist? – I must admit, I'd be in trouble. I am relying so much on it in my daily life, I couldn't imagine going without the old FB. What would you miss most if Facebook were not around any more?
A-Labs had the great pleasure to provide another entrepreneurial project with an online presence: KMU Businesspartner
KMU Businesspartner is a project of Beat Stocker, the former CEO of the Aduno Group. The startup's mission is to take on one of the biggest markets arising within the next few years: Succession planning and -financing with small and medium size enterprises. In other words: More and more baby boomer entrepreneurs are retiring - requiring all kind of support for the handover of their company. KMU Businesspartner provides the full rack of services to successfully master the transition phase. Unlike a classic succession consultant, KMU Businesspartner only gets involved if they take a share in the company. More on the website. (German only, English version to follow).
The institute is a department of the University of Applied Sciences Fribourg and has made itself a name as one of the leading Swiss institutions for research and teaching in management and entrepreneurship.
The school approached us with the mission to create an online hub for their staff and students, as well as all newbies interested in their master program, events or research.
The Institute's director left us all freedom to come up with a solution that on one hand respects the seriousness of an educational institute, and on the other hand takes an entrepreneurial approach - breaking the ordinary stuffiness of the average Swiss educational website.
Furthermore the website should integrate their pre-existing but scattered social media accounts.
Let us now your opinion, whatever your verdict shall be! Here's the link.
Zurich, being Switzerland's largest city and its innovative hub no doubt is an awesome city. But this week Zurich has gotten just a bit more awesome: The Awesome Foundation's Zurich chapter has been officially founded. [Disclaimer: I am part of this chapter, so this is a little piece of shameless self promotion.]
The Awesome Foundation itself has been founded in Boston in 2009 and its members award money to awesome projects, whether they are from the fields of science, art, social or whatnot. Local chapters have sprung up around the globe over the past two years, most of them in North America, but there are also Awesomistas in Australia, Great Britain and Germany.
And now a group of ten have given birth to the first Swiss chapter, right here in Zurich. We are aiming at awarding 1,000 CHF to awesome ideas four times a year. If you feel you could use the money to make something truly awesome happen, you should read this (in German) and then apply. We're looking forward to hearing from you!
This little excerpt from a session of the German Federal Press Conference (the main place where the press goes to get answers from the government's speakers). For about twenty minutes, the good people of the press discuss Twitter. How it is used by the government as a means of information, if it is used exclusively for information services, if the information on Twitter will be exclusive to that channel, and so on and so on.
The story behind this: The Government Speaker, Steffen Seibert, uses Twitter for official purposes at RegSprecher and has recently revealed on Twitter that the German Chancellor Angela Merkel will visit US President Barack Obama this summer – 20 minutes before the memo went out to the press. Of course, the German press doesn't take crap from nobody, so they pelt Seibert's colleague Christoph Steegmans with ridiculous questions.
Why I am posting this, you ask? It shows how little German journalists seem to know about Social Media and digital ways of communicating. They have a loooot to learn! (The video is in German, naturally.)
Here is a (thought-)provoking short talk by Evgeny Morozov, a politicial Blogger/Journalist who writes amongst others for the brilliant Foreign Policy magazine. He says: The Internet is cool, but beware of the backlashes! His talk should be very much in line with his book "The Net Delusion: The Dark Side of Internet Freedom", which has just been published. If you want more from Evgeny, you can follow him on Twitter. – Of course, his talk is neatly animated by the hands of the RSA.
180 corporate reps and PR pros gathered at tonight's event on "Social Media in Switzerland", hosted by Zurich Financial Services. Barbara Kunert presented the outcome of her master thesis, followed by a lively panel discussion on corporate use of Social Media, moderated by @marcelbernet. The summary goes:
54% of the Swiss companies monitor the web. The insecurities with regard to the use of Social Media are gigantomanic. Only a minority of the interviewed organizations has a Social Media Strategy, not to mention the use of Social Media. If yes, Facebook is trump. Compared, Twitter still carves out a miserable existence, despite its better suitability for professional, quality-oriented communication. Only 11.1% of the corporate and PR representatives in the hall declared Twitter relevant for their daily jobs (again, I'm writing about an event of a PR association!).
Monica Glisenti, Head Corporate Communications at Migros, seemed to be the most battle-hardened participant in the panel: Migros is aware of the unstoppable paradigm shift in corporate communications ("Es duet so oder so."). When it comes to their battle fields, it mostly is the diffuse, low-level interaction they have to get involved in (flames, blames, social mobbing, you name it). According to Monica Glisenti, her team members require "a new emotional robustness".
Now, off to the buffet. Before I leave you: Recommended by Barbara Kunert: Kodak's Social Media tips
If you are familiar with how we do things here at Amazee Labs, you might have heard of "Geek points" before. We administer Geek points for geeky findings, hacks, stuff, remarks, whatever. The geekier, the more points you get. Although we have no chart or definitive point allotment system, we all are eager to collect points.
Every now and then we give honorary Geek points to people outside of the team as a show of respect for geeky accomplishments. Our honorary Geek points this week go out to the Foursquare engineers, who managed to hack together a script which allowed them to find the rudest city in the World.
Of course this is only an example of what the guys at Foursquare can do, but in their blog post they explain a lot of techie stuff that frankly fries my brains. It seems they can run any query they want, given a fitting definition. And just for those of you who are curious: The rudest city in the World, measured by swear words in Foursquare tips (only English language was scanned, in cities with a total of over 1,000 tips), is Manchester, England. Congratulations! (And our Danny has already found an explanation for this, nevermind he is a fervent supporter of Manchester United). Well done, Foursquare, and thanks for providing the fun facts.
Of course, this is, on a more serious side, a good step towards distilling useful data to make Foursquare a powerful marketing tool based on the input given by the user. I've been forecasting a more "serious" use of location-based services for a while now, it seems like small moves like these are leading into the right direction.