Predict Facebook Friends Based On Where You Go (t3.com News)

... predicts friends," Salvatore Scellato, one of the researchers told Reuters . The researchers used Gowalla in their work - a social networking site that allows users to share which place they are visiting. Scellato added that people who go to the same place add each other as friends, and found that about 30% of social links happened because people went to the same location. This...

Source : T3.com News

Explore : Facebook, Social Network

Predict Facebook friends based on where you go (T3.com News)

Backlink: http://wik.io/info/US/281480910

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This Profitable, $100 Million Revenue Startup Doesn't Want To Go Public

LegalZoom, the startup that makes it easy to build and use legal documents, has told TechCrunch it raised $66 million in funding from Kleiner Perkins and IVP.

This is despite the fact that the company says it's profitable with revenues over $100 million, the magic number most people say you need to hit to contemplate an IPO, and that tech IPOs are all the rage again. 

First of all, these are very impressive numbers for a fairly under the radar, but highly disruptive startup. LegalZoom isn't a legal consulting service, but replaces many of the rote services that lawyers do for large fees: think drawing up a will, incorporating a business and the like. Most of these documents can be standardized and you shouldn't need a lawyer for them. That's where LegalZoom's software comes in. 

LegalZoom CEO John Suh says he clearly wants to IPO at some point but it's too early and too much bother. It's interesting that big tech companies are still saying that despite the wave of blockbuster tech IPOs that's starting. 

More on IPOs:

• All The Arguments Against Going Public Are Bunk → 
• Xero Went Public Very Early And It Loves It →

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See Also:

• Zillow Prices IPO At $20 Per Share
• This 21-Year-Old Just Sold Her Startup For $100 Million
• Ex-LivingSocial Sales Guy: "There's Going To Be An Implosion And A Major Shakeout In The Industry"

This Profitable, $100 Million Revenue Startup Doesn't Want To Go Public

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/EiHLRPXm9h4/legalzoom-2011-7

Facebook's iPad App Is Almost Ready To Go (AAPL)

More than a year after Apple introduced the iPad, Facebook is finally getting around to releasing an app for it.

Nick Bilton at the New York Times reports that the app has been in development for almost a year, with Mark Zuckerberg taking a personal interest in its design.

The Chat and Groups features have apparently been tweaked for the iPad, and it users will be able to upload photos and videos from the iPad's camera directly to Facebook.

It all sounds very similar to the Facebook app for Android tablets -- and the Facebook iPhone app, for that matter -- but it's nice to see this glaring gap finally filled.

Bilton also reports that Facebook is redesigning its Web site for the iPad as well.

That redesigned Web site might be part of Facebook's reported plan to redesign itself as a full Web-based mobile platform, where users can download other apps, buy items with Facebook Credits, and so on.

Facebook is also reportedly getting some sort of new photo-sharing feature as well. Looks like a busy summer down in Palo Alto.

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See Also:

• LEAKED: Facebook's Secret iPhone Photo Sharing App
• P&G Opens Facebook Stores, Paving The Way For Facebook's Next Billion Dollar Business
• POLL: Would You Get A Facebook Credit Card?

Facebook's iPad App Is Almost Ready To Go (AAPL)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/U28BpcynGw4/facebooks-ipad-app-is-almost-ready-to-go-2011-6

Comment on Why Facebook may never have to go public at all by Mark

In what universe would they pass up the liquidity of public markets? Only public markets would allow them to recognize billions of dollars in stock sales across the multitude of current owners. SecondMarket and private placements have not been able to provide that kind of liquidity nor would they. Furthermore, publicly traded stock is a far more valuable currency with which to buy things than privately traded stock. While I get that Mark Z. probably would be content to stay private and not have a bank account with $20 billion in it, I don't believe the majority of his investors would. And for that matter, the people who bought all the stock in the offerings through GS, SecondMarket, etc. all want an IPO, not some hope that others are coming in privately. Clearly your headline is click/linkbait, but the notion is really silly.

Comment on Why Facebook may never have to go public at all by Mark

Backlink: http://gigaom.com/2011/06/14/why-facebook-may-never-have-to-go-public-at-all/#comment-631373

Should a Web Startup Go Straight To the Cloud?

Javaman59 writes "I am a one person company developing a web site from home. The site is hoped to attract millions of accounts and daily hits (just to give an idea of the scale of things, as its important to the question). My infrastructure is currently Visual Studio 2010 on a PC. To progress the site I need to set up version control, continuous integration, and staging. I have a Win2008 server VM, with all the Windows software (free and legal) to do this. However, I am only just competent as a Win admin, and I foresee each step of the way (setting up a domain; SQL-Server, etc) as a slow, risky process, and a big disruption to development. Should I forget my VM server (it will make a nice games machine!) and just go straight to the cloud for all my infrastructure?"

Should a Web Startup Go Straight To the Cloud?

Backlink: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/baeMPKweKPQ/Should-a-Web-Startup-Go-Straight-To-the-Cloud

Groupon Wants To Go Public NOW

Groupon was about to file to go public this week, sources tell AllThingsD's Kara Swisher, but their bankers held them back because they were going to do it without all of the necessary paperwork, financial modeling, etc.

So, if Swisher's sources are right, Groupon wants to go public as soon as possible, sooner than previously anticipated. Most people were expecting a Groupon IPO in the fall.

An IPO is a complicated process. There's a fair bit of bureaucracy involved, and that's only the beginning -- after that you have to go with your banker to meet a bunch of institutional investors who have to agree to buy your stock so the IPO doesn't flop. But a filing could happen at any time.

That being said, Groupon is almost sure to be one of the hottest IPOs. It could go public at a $25 billion valuation, which would make it a bigger IPO than Google.

Don't Miss: What Groupon Needs To Do Now →

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See Also:

• Brazil Has A Groupon Too, And It Just Landed A Huge Partnership
• LinkedIn Sets Its IPO Valuation Above $3 Billion
• "Russia's Google" Yandex Plans To Raise Over $1 Billion In Its IPO

Groupon Wants To Go Public NOW

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/vS0fAT64Dvs/groupon-ipo-filing-2011-5

U.K. Trucks "Go Long" for Cleaner Emissions

by Jo Borras

An independent UK study recently showed that increasing the overall length of commercial trucks could dramatically reduce overall emissions without compromising safety. The study (available for download here) showed that a 2 meter increase in maximum length (without an increase in maximum weight) could "increase capacity for haulers transporting lightweight goods by up to 13 percent, and cut carbon emissions by around one hundred thousand tonnes each year."

How big of an impact will cutting 100,000 tonnes of carbon emissions have in more familiar terms? I'm glad you asked.

1 gallon of diesel fuel is allowed by the EPA (whose standard is comparable to Euro5) to contain 2778 g of carbon. Each tonne of carbon emissions contains 1 million grams of carbon. Some quick (probably flawed) math puts the "emissions savings" at just under 360 gallons of diesel (1,000,000 / 2,778 = 359.9). Saving that 100,000 tonnes, then, is roughly equivalent to not burning 36 million gallons of diesel each year (360 x 100,000 = 36,000,000).

If any of that math is even halfway correct, lengthening trucks could be a huge win for the environment.

What do you think, readers? I know we have a few energy industry guys out there - am I doing the math correctly? Have I dramatically over-simplified things ... and by how much? Let us know in the comments, below.

Reprinted with permission from Gas 2.0

U.K. Trucks "Go Long" for Cleaner Emissions

Backlink: http://featured.matternetwork.com/2011/4/uk-trucks-go-long-cleaner.cfm

Nokia Execs Go Missing For Two Months Every Year (NOK, AAPL)

Every year, Apple starts selling an updateded iPhone in July.

You'd imagine executives at the world's biggest cellphone company, Nokia, would be working their butts off during that month, dealing with an annual seismic shift in their space.

You would imagine incorrectly.

According to Adam Greenfield, a design consultant who spent two years with Nokia, July is the month executives at the company always check out – until September.

“In mid-July, Nokia House is a ghost town,” Greenfield tells Bloomberg BusinessWeek.

“If you need a decision and the key person’s at the summer cottage? Forget it. You’ll resolve that issue in September. It’s something that hampers their agility.”

No kidding. According to the same Bloomberg BusinessWeek article, Apple gets 3X more revenue per employee as Nokia and HTC gets 2X.

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See Also:

• Amazon Blasts Into Music Streaming Market With Cloud Drive
• iPhone 5 Might Not Launch Until Later This Year... Or 2012?
• Apple "Will Unveil The Future Of iOS" At WWDC June 6-10

Nokia Execs Go Missing For Two Months Every Year (NOK, AAPL)

Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/MF5r5DESO8Q/nokia-execs-go-missing-for-two-months-every-year-2011-3