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| Wednesday, November 21, 2007 |
| DesiMartini - Social Networking Site sold for $10 Million |
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 The Social Networking deal ship is now in India. DesiMartini one of the early startups with 250,000 registered users was bought by Hindustan Times for $10 Million. That is approximately $40 / registered user. When Facebook founder Mark Zuckerberg is unwilling to sell Facebook and is commending valuations of $15 bn, why did Vivek Pahwa sell out of DesiMartini so soon ? Well some entrepreneurs are in a hurry to make the quick buck and it is also likely that he may have been denied VC funding. Advertisements is not the ultimate platform for survival and hence you may want to Exit at the best available opportunity.
If you are planning to BUY one to compete Hindustan Times, here is a shopping list ready for you :-) |
Published on Wednesday, November 21, 2007 at 1:46 PM  |
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| Friday, November 16, 2007 |
| AdSense hig-profile Manager Exits Google |
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 Google's revenue spinning machine AdSense's, high-ranking Product Manager Gokul Rajaram has hit the exit button @ Googleplex to launch his own startup.
Gokul said,
Google had already understood how to match keywords with URLs, so the next step was building a matching algorithm and create an advertising system around it. Sergey had a mandate to launch it in June 2003. So we had less than six months. When we started AdSense, it was just me and four engineers. Nearly 4 years later, the big names in the internet / software industry - Yahoo!, Microsoft, eBay etc are still trying hard to launch a competing product. |
| Published on Friday, November 16, 2007 at 10:15 AM |
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| Friday, November 02, 2007 |
| Orkut - Q&A in your private network |
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 Google's hugely popular social networking platform, Orkut has added a new feature Ask Friends that will let users ask Questions and get Answers. The Questions can be directed to specific friend in your network or Google's way of doing things intelligently is to let the system decide who should take the question, it will weigh on various parameters and then send the question to selected friend/s in your network.
As the battle for supremacy in Social Networks get hotter, expect more and more features to be rolled out by orkut apart from the Open Social initiative. Also orkut has opened APIs for developers. |
| Published on Friday, November 02, 2007 at 2:26 PM |
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