SEARCH KEYWORD -- Investment
Alibaba IPO Live
Alibaba is going to launch its IPO at NYSE on 19th September. This will be the largest IPO in the history of US stock exchange. The opening price of Alibaba share will be $68 and its trade code is "BABA", in Chinese it means father. Alibaba is expected to get around $22 billion investment in its IPO. Want to witness this historic moment? Please join us for the live video from NYSE. Note this live stream is broadcasted with Chinese. We don't find the English source yet. We believe something is ...
Pay Your Programmers $200/hour
If you are hiring programmers, you should pay them $200/hr. This breaks through otherwise impenetrable psychological barriers, helps solve the agency problem, and ensures you are only hiring programmers when you really need them. Expectations $200/hr is an open declaration of your expectations. It states that you are expecting to hire both a professional and an expert in the field. As a programmer, I treat contracts that pay me $200/hr differently from jobs/contracts that pay me $65/hr eq...
Salary,Programmer,Responsibility,Urgency,Value 2011-12-31 15:34:57
Revenue = X
We've been experimenting with app prices for quite some time and again and again we've noticed a funny effect:No matter what price we choose, we always make the same revenue.I attached two charts to illustrate that. I recently lowered the price of the iPad app (http://bit.ly/92xWv1) from 5 to 1 Dollars. At first the sales spike, then they even out to previous levels. Meaning: By cutting the price by factor 5, I am selling exactly 5 x more apps. Then we lowered the price of iA Writer for Mac...
Revenue,Price,Productivity,Investment,Discount,Software 2011-11-17 02:31:58
Foursquare : 20 million users and 2 billion check-ins
Yesterday was the Foursquare third annual 4sqDay celebration (Four - squared open four square, ie April 16), this mobile phone service site which is based on user location information confirmed that their users reached 20 million and there were two billion check-ins.Foursquare was founded in 2009 and it is a mobile phone service website based on the user location information .It encourages mobile phone users to share their current geographic location and other information with others. In co...
Fpoursquare,Check-in,4sqDay 2012-04-17 13:39:14
How much money do you *really* need to start your company?
I keep hearing startup entrepreneurs tell me “We need funding. If we just had $XXXk of investment, we’d be killing it right now.†I press them with one question: what would you do with the money if you had it? Inevitably the question is met with a blank stare. Most of the time people haven’t thought about it. The answers that do come feel a little half-baked:“Buy a bunch of ad words to get people to our site – that’s all we needâ€â€œBuild th...
Business,Startup,Investment,Money,Ad 2011-09-26 11:16:35
Difference between Beijing and Silicon Valley on innovation
The fundamental difference between Beijing and Silicon Valley is not the sky color, but the fact that on one side the young people are talking about buying a new house, a new car and getting married, while on the other side young people are talking about how to change the world. Now and then we can read from the newspaper or the Internet that a Silicon Valley company is valued over 1 billion US dollars. Also we can see many famous US IT brands on the Internet such as Google, Facebook,Twitter, Am...
China,Silicon Valley,Innovation, Comparison 2013-06-24 03:09:54
Tencent released Q1 earning report of 2013
Tencent has released the earnings report of Q1 in 2013, the total revenue is $2.1611 billion which increases 11.5% compared to last quarter and increases 40.4% compared to the same time last year. The profit is 649.4 million US dollars which increases 17.3% compared to last quarter and increases 37.4% compared last year.The three main profit generators are:1. Value-added services revenue of 1.7014 billion US dollars with an increase of 13.6% compared to last quarter and an increase o...
Tencent,Earnings report,WeChat 2013-05-15 07:02:45
Designing Great API Docs
Writing documentation is one of those things that is dreaded by many developers. It takes a lot of effort and time to get right. And too often, people take shortcuts. This is sad, because well designed documentation is the key to getting people excited about your project, whether it's open source or a developer focused product. In fact, I argue that the most important piece of UX for a developer product isn't the homepage or the sign up process or the SDK download. It's the API documentati...
API docs,Design API docs,Advice 2012-03-09 23:15:00
GitHub launches a separate training page
Code hosting community Github has much proud data: 55 employees, Andreessen Horowitz promised a $100 million investment, $750 million valuation, a place developers stay longest since its launch in 2008 ... Github announced the official launch of a separate teaching page, to teach developers collaborative programming through various forms. Github announces the detail about the training program on its official blog, the entire training project has two modes : free and paid. The content of their t...
GitHub,Training,Open source 2012-10-07 05:45:47
The birth story of Tesla Motors
Tesla Motors was incorporated in July, 2003 by Martin Eberhard and Marc Tarpenning, who financed the company until the Series A round of funding. Elon Musk led the Series A round of investment in February, 2004, joining Tesla's Board of Directors as its Chairman. Tesla Motors becomes one of the most promising companies in US, even in the world. Its founders become heroes of many people. The electric cars designed and manufactured by Tesla Motors brought the revolution to the automob...
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