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| Saturday, January 24, 2009 |
| Naukri.Com Growth Slowsdown - What about High Valuations ? |
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Naukri.com saw revenue growth of 5% YoY in Q3 FY09, while Quadrangle posted a 48% YoY dip. Naukri brings in over 85% of the revenues for Infoedge India Ltd. The company now has ~17 mn resumes in database [how many obsolete, not disclosed] The number of customers [potential employers] has gone down from 18,600 in Q2 to 17,200 in Q3.
 JeevanSathi continued its growth but in the slowest ever pace and now has 2.68 mn profiles. With the fall in Indian Real Estate market, 99Acres saw a dip in the number of paid listings from 30,000 to 24,300. Jeevansaathi.com and 99acres.com posted losses of Rs 3mn and Rs17mn respectively. We believe the losses would have been higher, but for lower advertisement expenses. Matrimonial website, jeevansaathi, would incur higher costs on its new offline centres. Currently, it has 10 offline centres and the company plans to open 5 more in next few months.
The management also indicated plans to launch a new recruitment portal focused on freshers named firstnaukri.com in the next few days.
InfoEdge is expected to report an EPS of Rs 21 for FY09. Does InfoEdge command valuations at a P/E of over 20 when Google, the Extreme innovator of the Web is traded at 15 ? |
Published on Saturday, January 24, 2009 at 5:44 PM  |
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| Thursday, January 15, 2009 |
| Ad Sponsored Web 2.0 - Hit the Exit Button |
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If you are a Web 2.0 startup banking on the Advertising Model, then its better you hit the exit button sooner as Intel's Andy Grove has come down heavily on such startups which are a mere get rich quickly, attitude.
Andy Grove said,
These days, people cobble something together. No capital. No technology. They measure eyeballs and sell advertising. Then they get rid of it. You can't build an empire out of this kind of concoction. You don't even try. In the context of India, goBroadband does an excellent analysis on how Indian startups have the mindset of commoditization without any original idea and seriously lack innovation. Adding to the woes of these startups is the drop in Advertising Dollars which is likely to deteriorate further as we move into 2009. |
| Published on Thursday, January 15, 2009 at 2:26 PM |
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| Tuesday, January 06, 2009 |
| Google's Patent - Data Center in Container |
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The World's Largest Super Computing Giant - Google Inc is at least 5 years ahead of the rest of the companies when it comes to providing unmatched consumer experience for Netizens. Robert Cringley once said that Google was working on having Data Centers in Shipping Containers and they have filed for a patent for the same in India.
Google's Patent Application is filed under the title - Modular Computing Environment. The Abstract for the patent is as follows,
A computer system may include a connecting hub having a plurality of docking regions and be configured to provide to each docking region electrical power, a data network interface, a cooling fluid supply and a cooling fluid return; and a plurality of shipping containers that each enclose a modular computing environment that incrementally adds computing power to the system. Each shipping container may include a) a plurality of processing units coupled to the data network interface, each of which include a microprocessor; b) a heat exchanger configured to remove heat generated by the plurality of processing units by circulating cooling fluid from the supply through the heat exchanger and discharging it into the return; and c) docking members configured to releasable by couple to the connecting hub at one of the docking regions to receive electrical power, connect to the data network interface, and receive and discharge cooling fluid.
This is the latest patent filed by Google as of this day in India. |
| Published on Tuesday, January 06, 2009 at 10:53 AM |
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