We're all very proud of the company,said Twitter CEO Dick Costolo following the firm's public listing on the New York Stock Exchange Thursday morning.It's been our users who have gotten us to where we are today.We have a lot of work to do,and I'm anxious to get back to the office tonight and get started on that.All the capital raised today is going into the company.
It's all about making it very simple for new users to come to the platform.It's all about the very,very long-term business we're trying to build,growing the business for all the 2.4 billion connected people to all become users of the platform.
We made it clear that we had every intention to remain an independent company.We'll be making sure that we have people on the ground around the world driving unique regional content onto the platform.We have 94 of the Ad Age Top 100 already working with us this year.We are public;real time;coversational;and distributed.It's all about amplifying the characteristics that we already have,being the indispensible companion to the live experience.
These startups always evolve from those who were originally there.I don't have any time to think about what happened three years ago,Mr.Costolo declared.*
Twitter is very agressively priced at 40 times earnings;there will be better entry points later on,said Mark Mahaney,managing director at RBC Capital Markets.Amazon,Priceline,Netflix and Facebook are better buys right now.The Internet ecosystem generates a lot of wealth.If you pick the right 5-6 companies,that's how the individual trader can make money.
The stock closed at 44.90,down slightly from the 45.10 opening price.
Twitter(TWTR),Priceline(PCLN),Netflix(NTFX),Amazon(AMZN),Facebook(FB)
Showing posts with label Priceline. Show all posts
Showing posts with label Priceline. Show all posts
Friday, November 8, 2013
Monday, June 13, 2011
Groupon Called Into Question
Both analysts and small businesses are calling coupon website Groupon's business model into question.It has even been accused of loan-sharking.One of the questioning analysts is Sucharita Mulpru of Forrester Research.
Ms.Mulpru notes that Groupon has lost more than 400 million dollars,and continues to lose.Their organic growth is significantly smaller than other numbers.They spent hundreds of millions to get to this level of growth,which will require billions of dollars more to sustain.
At some point,Groupon has to show someone the money and the valuation.There's some question that Groupon is actually driving good customers to businesses.Merchants haven't been convinced,and unless they are,Groupon won't get great deals to offer.
These customers are all people who have purchased at 50% off.If Groupon can segment the top 10% who will return to the business,that would be valuable.
Groupon's challenge is,they have not set themselves up for such an enormous growth trajectory.They can't afford to do that,and are getting themselves into trouble with dissatisfied merchants who feel they are losing money by participating.
Groupon is akin to Priceline,Ms.Mulpru points out.It was exciting at first,but their second billion dollars of growth took many,many years.
Such words and similar ones may well give pause to the many prospective investors in Groupon.
Forrester Research is an independent company that provides pragmatic and forward-thinking advice to global business and technology leaders.Its research,customer insight,consulting,events and peer-to-peer executive programs are keyed to leaders in specific professional roles.Based in Cambridge,Massachussets,it has more than 2600 client companies.
Forrester Research(FORR)
Ms.Mulpru notes that Groupon has lost more than 400 million dollars,and continues to lose.Their organic growth is significantly smaller than other numbers.They spent hundreds of millions to get to this level of growth,which will require billions of dollars more to sustain.
At some point,Groupon has to show someone the money and the valuation.There's some question that Groupon is actually driving good customers to businesses.Merchants haven't been convinced,and unless they are,Groupon won't get great deals to offer.
These customers are all people who have purchased at 50% off.If Groupon can segment the top 10% who will return to the business,that would be valuable.
Groupon's challenge is,they have not set themselves up for such an enormous growth trajectory.They can't afford to do that,and are getting themselves into trouble with dissatisfied merchants who feel they are losing money by participating.
Groupon is akin to Priceline,Ms.Mulpru points out.It was exciting at first,but their second billion dollars of growth took many,many years.
Such words and similar ones may well give pause to the many prospective investors in Groupon.
Forrester Research is an independent company that provides pragmatic and forward-thinking advice to global business and technology leaders.Its research,customer insight,consulting,events and peer-to-peer executive programs are keyed to leaders in specific professional roles.Based in Cambridge,Massachussets,it has more than 2600 client companies.
Forrester Research(FORR)
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