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Tuesday, September 20, 2011

Chart Of The Day: Steve Jobs Leaves, Apple's Stock Soars (aapl)

Since Steve Jobs left his post as CEO of Apple, the stock has taken off, rising 10%. Somewhat surprising, since you would think the stock would tank after the company lost its visionary leader.

Apple is trading at an all time high, closing today at $413. The company's market cap is $390, and it will soon be over $400 billion, giving it a very good chance to be worth more than Google and Microsoft combined.

But, the Jobs situation was hanging over the stock, keeping it in a holding pattern. With him out, that uncertainty is out of the way.

Also holding the stock in check -- the company deviated from its normal pattern by not releasing a new iPhone this summer. The next iPhone launch is expected in weeks, which is getting investors excited.

chart of the day, apple stock after steve jobs's resignation, september 2011

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CHART OF THE DAY: Steve Jobs Leaves, Apple's Stock Soars (AAPL)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/Qjs4LYn-EAQ/chart-of-the-day-apple-stock-after-steve-jobs-2011-9

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Sunday, July 31, 2011

Square Now Processing $4 Million In Mobile Payments Per Day

Flush with $100 million in new funding, Square is continuing to grow like a weed in the mobile payments space. After passing the $3 million mark at the end of May, Square is now processing $4 million in mobile payments daily, and is on track to reach over $100 million in transactions in July. And COO Keith Rabois tells us that he expects the company to double this volume by October. In late June, Square raised a massive round of funding, which valued the company above $1 billion. At the time of the announcement, it was revealed that Square was processing nearly $4 million in payments per day, but the company has surpassed that mark a month later. Rabois tells us international expansion is part of the next phase of growth. He expects to initial launch payments capabilities outside of the U.S. in 2012.

Square Now Processing $4 Million In Mobile Payments Per Day

Backlink: http://feedproxy.google.com/~r/Techcrunch/~3/ub-iSmYR3QE/

Tuesday, July 26, 2011

CHART OF THE DAY: Ex-Googlers Get More Funding For Their Startups Than Other Big Company Refugees (GOOG, YHOO, MSFT)

Googlers who quit to form their own companies do get more venture funding than founders from other big tech companies.

That's according to research from online recruiting startup TopProspect, which has job data about more than three million tech workers (mostly in Silicon Valley) drawn from sources like LinkedIn and Facebook.

TopProspect took a look at startups founded in the last five years with publicly available funding information, and more than 10 employees in TopProspect's peer-recommended network (which shows they're a decent size and well-connected).

It found that ex-Yahoos have started the most companies in this category -- 15 total. But those companies have only received about $126 million in funding.

The 13 companies started by former Google employees, including Foursquare, Tapjoy, and Color, have raised almost $310 million in venture funding.

One reason is there are quite a few Silicon Valley angels and investors who also came from the company, like Chris Sacca, Aydin Senkut, and Paul Buccheit (who joined Y Combinator last year). It might also help that Google is the most acquisitive of the big tech companies right now -- and occasionally buys back its own spawn, like it did with Aardvark.

TopProspect also found that former Microsoft employees fared well with venture money (14 founders raised $189 million). Companies started by Facebook founders are hot on buzz -- Path, Asana, and Quora were all founded by ex-Facebookers -- but there are only 7 of them and they're still relatively young, so haven't gotten as much money yet -- only about $65 million.

chart of the day, spawn of the tech giants, july 2011

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CHART OF THE DAY: Ex-Googlers Get More Funding For Their Startups Than Other Big Company Refugees (GOOG, YHOO, MSFT)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/p7-fFG4xKWM/the-best-way-to-get-funding-for-your-startup-be-a-former-google-employee-2011-7

Thursday, July 21, 2011

Lion Downloads Hits One Million Mark in A Day, Apple Announced

Earlier in the day, diTii reported that Apple's next generation Mac OS X Lion operating system has become the Top Paid app in Mac App Store. Now, the Cupertion company has just reported that "in just one day, over one million users bought and downloaded Mac OS X Lion, the eighth major release of the world's most advanced operating system." (emphasis added)

Lion Downloads Hits One Million Mark in A Day, Apple Announced

Backlink: http://feedproxy.google.com/~r/DTWB/~3/pTp6LLK6cx0/

Wednesday, July 20, 2011

LAST DAY! Enter Now To Win A Brand New iPad2 From Business Insider

iPad 2

Quick - our sweepstakes closes in 24 hours! You don't want to miss your chance to snag this brand new iPad2.

Subscribe to Business Insider's newsletters and you'll get updates or alerts on topics you follow sent to you every business day. You'll also get a chance to win an iPad2!

To be eligible to win, sign up/log-in to submit your entry. Deadline for submission is tomorrow, July 20th. Remember, if you have not already subscribed to a newsletter, make sure to choose one before submitting your entry.

On July 25 we'll announce a lucky winner.