
Coupons.com raises $200M to meet booming deal demand
Backlink: http://feedproxy.google.com/~r/OmMalik/~3/6sXuIfS5J4o/
Coupons.com raises $200M to meet booming deal demand
Backlink: http://feedproxy.google.com/~r/OmMalik/~3/6sXuIfS5J4o/
Comment on Demand Media: Search Spam or the Future of Content? by Matt
Backlink: http://gigaom.com/2011/01/31/demand-media-search-spam-or-the-future-of-content/#comment-584255
Demand Media has priced its IPO in a new S-1 filing with the SEC, and now estimates the IPO could raise almost $140 million for Demand and its shareholders. (Via Kara Swisher.)
Demand itself expects to raise about $60 million, and could be worth about $1.3 billion after the IPO. (Roughly 5X its 2010 revenue.)
Specifically, Demand Media is offering 4.5 million shares from the company and 3 million shares from current shareholders. And the underwriters -- Goldman Sachs and Morgan Stanley -- have the option to purchase up to another 1.125 million shares from both Demand and its selling stockholders, in what's known as the "greenshoe."
Demand estimates the IPO share price between $14 and $16 per share, which means at the high end of the range, the IPO could be worth almost $140 million.
Demand says, "We expect to receive net proceeds from this offering of approximately $58.1 million, based upon an assumed initial public offering price of $15.00 per share, which is the mid-point of the range set forth on the cover of this prospectus, and after deducting underwriting discounts and estimated offering expenses payable by us."
As Kara Swisher notes, Demand also addresses the controversial accounting techniques it uses to recognize costs over 5 years, a longer period than is typical. It's sticking with them, argues that it's in the company's best financial interest to so do, and says it will regularly review "the operating performance of content published."
One big risk is Demand's reliance on Google for traffic and "a significant portion" of its revenue. The word "Google" is listed 62 times in its S-1 filing.
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See Also:
Demand Media Prices IPO: Could Raise Almost $140 Million
Why Google and Demand Media Are Headed for a Showdown
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Comment on Why Google and Demand Media Are Headed for a Showdown by ronald
Backlink: http://gigaom.com/2011/01/07/why-google-and-demand-media-are-headed-for-a-showdown/#comment-571695
Comment on Why Google and Demand Media Are Headed for a Showdown by Jon
Backlink: http://gigaom.com/2011/01/07/why-google-and-demand-media-are-headed-for-a-showdown/#comment-571472
Comment on Why Google and Demand Media Are Headed for a Showdown by Mathew Ingram
Backlink: http://gigaom.com/2011/01/07/why-google-and-demand-media-are-headed-for-a-showdown/#comment-571339
Comment on Freelancer.com Reports Surge in Demand for Mobile Developers by Dave
Wikio Group has raised 4 million euros (~$5.3M) to build a content farm a la Demand Media, the company announced yesterday.
Wikio is a very interesting European company. It may look like a Digg clone, but it was founded by Pierre Chappaz, the founder of price comparison engine Kelkoo, a dotcom bust survivor which was acquired by Yahoo for $579 million. And unlike its US counterpart which has lost much of its luster, Wikio is thriving as a news portal and blog search engine.
Wikio recently merged with Overblog, one of the biggest blog publishing platforms in Europe, and acquired eBuzzing, a blog-focused ad network. So Wikio is on an aggressive and interesting warpath to building a European social media powerhouse.
Its odds to build a European version of Demand Media's content farms are good for a very simple and obvious reason -- the language barrier. It's going to be a slog for Demand Media or even Yahoo's Associated Content to build localized versions of their content farms, complete with editors and checking, whereas Wikio can get started in several languages right away. And there's no reason why pages designed to tap long tail searches in European languages can't be as successful as they've been in the US.
Now read: The French Startup Market Is Hot Hot Hot!
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Digg Of Europe Wants To Become Demand Media Of Europe
Wow, just look at all these openings for network architects, engineers, systems admins and LAN admins! Right now, I see over two thousand opportunities for qualified network administrators.
So how can savvy IT
professionals cash-in on this bounty of career opportunities? I¿ll give you the
answers during a segment we like to call, "Ask Cat." I'm Cat Miller and this is
DiceTV.
Here's the first question: Is there a shortage of network administrators?
Absolutely. In fact, experts
estimate that there are currently 60,000 unfilled positions in the U.S. and by
2012, an estimated 14 percent of the IT professionals in North America will
work on IP networks - why that's almost 780,000 workers!
What skills are in-demand?
Network administrators still
need general skills like basic networking, active directory, mail applications,
storage and security. And organizations still want administrators who can
design, install, manage and secure a network infrastructure. But now there are
so many types of networks and so many different levels that networking roles
are becoming specialized.
How will specialization impact the role of network administrators?
Over the next five years,
network administrators will need specialized skills and certifications in
emerging areas such as risk management and business development. Currently,
there are more than 11 different roles for network professionals in security
alone.
Will network administrators need additional certifications?
To compete for these new-age
networking jobs, IT professionals will need a bachelor's degree, Microsoft
certifications like an MCSE and advanced users skills. But they¿ll also need
specialized certifications designed around specific roles like a CWNA or CWNP
to work on wireless networks or a CWSP to work on wireless security.
How can experienced IT professionals transition into the network field?
If you have some network
experience and want to transition into an administration role, start with a
small network that runs on familiar operating systems and hardware to get your
feet wet while you earn additional certifications. And you¿ll need detail
orientation, a curious nature and great communications skills to succeed no
matter what role you select.
I'm Cat Miller and this has been Dice TV. We now return you to your regular desktop.