Re: [SiliconBeach] Re: Local funding valuations & future capital distributions

2012-03-05 Thread Scott Purcell
I love the mentions of Facebook's and Groupon's financial metrics when they are horrible peers comparisons and have completely different business models. 'Going viral' is not a legitimate business model. They also mention that a lot of these entities are loss making in their initial years, trying t

Re: [SiliconBeach] Digest for silicon-beach-australia@googlegroups.com - 7 Messages in 5 Topics

2012-03-05 Thread Nathan Parrott
Ok guys n gals I made us all a new android app that will connect you to your desired location in a companies call centre without you having to listen to all of the endless menu options and button presses. *Call Centre Map:* https://market.android.com/details?id=nathan.apps.callcentremap Things th

[SiliconBeach] Re: Local funding valuations & future capital distributions

2012-03-05 Thread Geoff Langdale
The prospectus is silent on the number of users they have now, but a bit of Google-Fu suggests around 12-13K. If Kondoot is getting traction it is happening in a way undetectable by Alexa or the various app rankings. I suppose being the 452nd free social networking iPhone app in Macedonia must be w

Re: [SiliconBeach] Re: Local funding valuations & future capital distributions

2012-03-05 Thread Joe Ward
Just skimmed the prospectus. A grand total of $100K out of $10M for US expansion costs. Wish i could have done it that cheap - wonder what the secret is? :-) Hope they go well - small to mid cap tech IPOs will be great for the tech industry Joe Ward, Founder & CEO mppAPPs, Inc M: +1 650 863

[SiliconBeach] Re: Local funding valuations & future capital distributions

2012-03-05 Thread Peter Alderson
The company previously mentioned is now filing for a $10m IPO *with no financials *? What? On Monday, 23