Techerous

My name is Bill, I am a recent graduate in Information Sciences and Technology from Penn State University and this is a place for me to post or give my 2 cents on the fascinating world of technology. I am now working for a pretty big technology related company whose name I will leave out just to avoid any possible complications, however far-fetched them happening may be. Music gets included from time to time as well.

April 30, 2014 10:39 pm
Facebook's Zuckerberg: Our approach to development, IT has matured

techheat:

It’s no longer about moving fast and breaking things because the bug fixes were hell. Now it’s about move fast with stable infrastructure. …

Via ZDNet

It was only a matter of time, when you become too liable you’re going to lose some of your edge. Is this a sign that Facebook’s days of being innovative in any way are coming to an end?

September 27, 2012 8:22 pm
stoweboyd:

theatlantic:

Facebook Has Officially Popped the Start-Up Bubble

Following Facebook’s IPO we declared a bubble burst and now we’re seeing that hit the start-up ecosystem as investor money becomes harder to find. ”The frothy bubble is over,” an analyst told The Wall Street Journal’s Pui Wing Tam and Amir Efrati. And that defrothing has happened in large part because of Facebook’s performance over the last three months. It’s not just the social network’s stock that has failed to boom in the months following its public offering, fledgling tech companies are now having a hard time raising money, as a result. Rather than just fork over the bucks to an up-and-coming app, investors have a new found curiosity in potential profitability and revenue. See: investors want to put money into companies that will bring mega riches. Before, users were enough to feed those fantasies. But Facebook’s wimpy stock has since crushed that dream, making it harder for these other social media start-ups to convince investors to buy in. 

Read more. [Image: Reuters]

The growth bubble has popped for tech, too, not just in finance and housing.

heeeyyy it finally happened.

stoweboyd:

theatlantic:

Facebook Has Officially Popped the Start-Up Bubble

Following Facebook’s IPO we declared a bubble burst and now we’re seeing that hit the start-up ecosystem as investor money becomes harder to find. ”The frothy bubble is over,” an analyst told The Wall Street Journal’s Pui Wing Tam and Amir Efrati. And that defrothing has happened in large part because of Facebook’s performance over the last three months. It’s not just the social network’s stock that has failed to boom in the months following its public offering, fledgling tech companies are now having a hard time raising money, as a result. Rather than just fork over the bucks to an up-and-coming app, investors have a new found curiosity in potential profitability and revenue. See: investors want to put money into companies that will bring mega riches. Before, users were enough to feed those fantasies. But Facebook’s wimpy stock has since crushed that dream, making it harder for these other social media start-ups to convince investors to buy in. 

Read more. [Image: Reuters]

The growth bubble has popped for tech, too, not just in finance and housing.

heeeyyy it finally happened.

September 12, 2012 12:52 am August 11, 2012 1:57 pm August 1, 2012 11:59 pm May 24, 2012 1:26 pm
Facebook IPO Post Mortem – Killer – but not for the reasons you think ! « blog maverick

Mark Cuban may be a self-absorbed jerk, but the man certainly understands what he is doing. For me, the key issue he listed was number 4.

Mobile is going to crush Facebook. The logic for Facebook’s price decline is that they have a problem in mobile. They can’t offer all the games they can in a browser. They can’t offer the same ads or branding opportunities. All true.

From the Wall Street Journal : ‘As more people gravitate to smartphones and tablets, they’re increasingly forgoing the desktop to the access the Web. Between 2008 and 2011, the percentage of U.S. adults who accessed the Internet from PCs daily grew to 62% from 54%. In the same period, the percentage of daily mobile Internet users rocketed to 26% from 4%, according to Forrester Research.

‘People see this modality of consumption shifting from the PC to mobile,’ said Matt Murphy, a venture capitalist at Kleiner Perkins Caufield & Byers. ‘On top of that, mobile feels like it’s much more the kind of wide open that anybody can win kind of arena.’

All true as well.

However the same is absolutely true for every ad driven internet site. They face limitations in what they can offer on mobile vs what they can offer through a PC brower. Look at the Google search results on mobile. No where near the number of results. Thats fewer click and CPM opportunities and ZERO display ad opportunities. Of course Google has Android, but that still isn’t generating much , if any revenue for them and it isnt currently designed to.

And then lets not forget Youtube. Everyone is supposed to be dumping TV and heading to video right ? Well how can that be if most online consumption is headed to mobile ? With so few mobile users having unlimited data plans, and that number most likely declining, then what is Youtube going to do when users start complaining and going nuts over the fact that they are having to pay for the data they use to watch Youtube mobile ads ? How many youtube ads have you seen on a mobile device lately ?

Which leads to a much broader question. Just what percentage of PC Online usage will mobile displace ? Is it feasible that people will ‘cut the broadband cord’ and live exclusively off of their mobile internet access ? Why not use your mobile as an in home hotspot rather than paying for 2 internet connections ? If you avoid streaming video and downloads its easy to stay within your caps. Do you know anyone that has cut their broadband access to go exclusively mobile internet ?

Bottom line, if you think mobile will displace online usage from PCs then you should immediately short Google and other ad plays and buy TV stations and networks. If you can’t buy an ad effectively on mobile and no one is using a PC to connect to the internet any more, then the only way to reach an audience is going to be via good old tv. And all that over the top video noise, forgettabout it.

I wonder what Netflix thinks about mobile vs pc online consumption ?”

May 23, 2012 11:41 am
Facebook, Zuckerberg, banks sued over IPO | Reuters

It’s amazing just how much of a mess this is turning out to be. It’s hard to feel too much sympathy for the investors, it really wouldn’t take much research to know what they’re getting into.

May 20, 2012 12:21 am
Mark Zuckerberg Surprises Party Guests with New Marriage

Whether he “stole” the idea for Facebook might be debatable but come on, Zuck totally ripped off “Parks and Recreation” on this one.

May 13, 2012 4:56 am May 10, 2012 3:48 pm
Does Zuckerberg's Hoodie Really Matter? - Forbes

Probably not a topic I needed to go over twice, but this article just summed up my opinion on the matter too perfectly. The hoodie-wearing entrepreneurs in Silicon Valley have a hell of a lot more value than the suit-wearing sleazeballs on Wall Street.