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Are these widgets worth half a billion?
bellapria
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0
3-25-2008 3:10 PM
203 views
tags:
widgets
,
billion
,
money
,
value
,
internet
3 Comments
|
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3-26-2008
10:38 AM
AcesLucky
$50 million, or $500 million?
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a099eb28-e122-420a-b77c-3bed0be44ea5/29BADC44-C2E7-4122-9444-EC2BDBA40E2F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology" href="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology" style="font-size: 11px;">money.cnn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><H1 class="storyheadline">Are these widgets worth half a billion?</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><H2 class="storysubhead">If Max Levchin's Slide can cure what ails online ads, they might just be.</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><P>(Fortune) -- A lot of eyebrows were raised on Wall Street in January when two giant investment firms, Fidelity and T. Rowe Price, paid $50 million for a 9.1% stake in Slide, a San Francisco- based company best known as the purveyor of entertainments like SuperPoke, which lets Facebook users "ninja kick" or "bodyslam" or "throw a pillow at" their friends. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/money.cnn.com/img/B60B1CD4-6E03-4CCE-9356-2AA8BE01D887" alt="max_levchin.03.jpg" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><P>What did these bigtime investors see in SuperPoke - and Slide CEO Max Levchin - that could possibly justify giving the company a valuation of more than half-a-billion dollars? </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.cnn.com/2008/03/23/technology/widgetshalfbillion.fortune/index.htm?section=money_technology"><P>Implausible as it sounds, some very serious people believe that Slide and its "widgets" could be the answer to a problem that everybody in the business of selling ads on the Internet, including mighty Google (<A href="http://money.cnn.com/quote/quote.html?symb=GOOG&source=story_quote_link">GOOG</A>, <A href="http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/3967.html?source=story_f500_link">Fortune 500</A>), has been experiencing of late. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/29BADC44-C2E7-4122-9444-EC2BDBA40E2F/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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