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	<title>AllThingsD &#187; Kool-Aid</title>
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		<title>Pretty Flipboard Fundraising at an Even Prettier $200 Million Valuation</title>
		<link>http://allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation/</link>
		<comments>http://allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation/#comments</comments>
		<pubDate>Wed, 23 Mar 2011 14:15:12 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=41854</guid>
		<description><![CDATA[Flipboard, the high-profile and highly designed social media reading app for the Apple iPad, is out raising another round of funding at an eye-popping $200 million valuation, according to numerous sources close to the situation.

The Palo Alto, CA, company declined to comment on its new funding efforts, which sources said had recently accelerated.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/logo-final-2-275x275.jpg" alt="" title="logo-final-2" width="225" height="225" class="alignright size-medium wp-image-30981" /></p>
<p>Flipboard, the high-profile and highly designed social media reading app for the Apple iPad, is out raising another round of funding at an eye-popping $200 million valuation, according to numerous sources close to the situation.</p>
<p>The Palo Alto, CA, company declined to comment on its new funding efforts, which sources said had recently accelerated.</p>
<p>While that valuation might change, several sources considering the investment said it is unlikely to go down in the current frothy financing market in Silicon Valley, especially given Flipboard&#8217;s splashy profile and top-drawer pedigree.</p>
<p>Co-founded by longtime Silicon Valley entrepreneur Mike McCue and former Apple iPhone engineer Evan Doll in January, Flipboard<a href="http://kara.allthingsd.com/20100720/meet-flipboard-mike-mccue-talks-about-stealth-social-magazine-start-up-that-just-nabbed-10-5-million"> launched to much attention in July</a>.</p>
<p>That included $10.5 million in venture funding from Kleiner Perkins, Index Ventures and a spate of well known angel investors, such as Twitter Co-founder Jack Dorsey, Facebook Co-founder Dustin Moskovitz, the ubiquitous Ron Conway, actor Ashton Kutcher and the investment company of former News Corp. exec Peter Chernin.</p>
<p>At the time, it was unclear what Flipboard&#8217;s valuation was. But now, said several sources, it&#8217;s clocking in at a hefty $200 million, which is perhaps no surprise at a time of increasingly lofty investments in tech start-ups.</p>
<p>Suddenly, Foursquare&#8217;s <a href="http://kara.allthingsd.com/20100629/location-location-location-foursquare-nabs-20-million-in-vc-funding-at-95-million-pre-money-valuation-plus-blog-posts-of-course/">$95 million valuation</a> seems like a <em>bargain</em>! (Sorry, Dennis Crowley, for <a href="http://kara.allthingsd.com/20100701/loco-about-location-or-just-plain-crazy">comparing you to the Kool-Aid pitcher</a> dude.)</p>
<p>In any case, the elegant Flipboard&#8211;which McCue recently told me in an onstage interview at the South by Southwest conference in Austin had zero revenues thus far&#8211;has changed the game on the consumption of social media.</p>
<p>Its innovative social magazine concept is attempting to make the social networking universe more accessible, consumable and, perhaps most importantly, visually arresting via its rich app.</p>
<p>Essentially, Flipboard pulls information from sites such as Twitter and Facebook data streams and then reassembles it in an easy-to-navigate, personalized format in a mobile tablet touchscreen environment.</p>
<p>In this offering, there are pull quotes, photos, videos, status updates and even the first paragraphs of linked-out content. There is also the ability to comment and share, as if one were on Twitter or Facebook.</p>
<p>Flipboard has since added a number of features and will be launching its new iPhone app later this year.</p>
<p>Right now, the Flipboard app is free and the business plan is advertising and some possible subscription scenarios.</p>
<p>It will be interesting to see who will jump into this leader in a nascent market, besides its current investors. Sources said one likely target group for Flipboard could be a large traditional media company.</p>
<p>Until the financial dust settles, here is the video of an <a href="http://kara.allthingsd.com/20101221/flipboard-mike-mccue-dive-full-interview/">onstage interview</a> by the Digital Solution&#8217;s Katherine Boehret with McCue at the <strong>All Things Digital</strong> event, <strong>D: Dive Into Mobile</strong>, in December:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=69A0F362-6363-4BD7-9D9A-D5F43AEAB3E7&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={69A0F362-6363-4BD7-9D9A-D5F43AEAB3E7}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>(Full disclosure: <strong>ATD</strong> is part of <a href="http://networkeffect.allthingsd.com/20101202/flipboard-partners-with-web-publishers-for-full-content-full-disclosure-including-atd/">Flipboard&#8217;s publisher beta</a> program.)</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Kool-Aid Guy Too Harsh? Then How About These Visual Metaphors for Twitter&#039;s $1 Billion Valuation!</title>
		<link>http://allthingsd.com/20090928/kool-aid-guy-too-harsh-then-how-about-these-visual-metaphors-for-twitters-1-billion-valuation/</link>
		<comments>http://allthingsd.com/20090928/kool-aid-guy-too-harsh-then-how-about-these-visual-metaphors-for-twitters-1-billion-valuation/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 22:13:00 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18910</guid>
		<description><![CDATA[Earlier today, BoomTown wrote a tongue-in-cheek post to depict what I thought of the $1 billion valuation that Twitter recently got from investors.

It was meant all in fun, as poking holes in the frothy atmosphere around the microblogging hottie is kind of an easy layup.

But someone on Twitter called my use of an image of the Kool-Aid pitcher man as "harsh," and I got several other emails from those who think bubble-investing is dandy!

So, in the interest of fairness, here are some other visual choices for a metaphorical depiction of the amazing valuation.]]></description>
			<content:encoded><![CDATA[<p>Earlier today, BoomTown wrote a tongue-in-cheek post to depict what I thought of the $1 billion valuation that Twitter recently got from investors.</p>
<p>It was meant all in fun, as poking holes in the frothy atmosphere around the innovative microblogging hottie is kind of an easy layup.</p>
<p>But Matthew Alexander called my <a href="http://kara.allthingsd.com/20090928/twitter-investors-celebrate-the-paparazzi-proof/">use of the wacky Kool-Aid pitcher man</a> image (see below) &#8220;kinda harsh&#8221; in a tweet.</p>
<p><a href="http://kara.allthingsd.com/files/2009/09/kool-aid-man.jpg"><img src="http://kara.allthingsd.com/files/2009/09/kool-aid-man.jpg" alt="kool-aid-man" title="kool-aid-man" width="310" height="331" class="aligncenter size-full wp-image-18872" /></a></p>
<p>And I got several other how-could-I-not-see-the-genius-in-overblown-investing-hype emails too.</p>
<p>Sensitive Sallys all, but in the interest of fairness, here are some other visual choices&#8211;in images and videos&#8211;for a metaphorical depiction of the Twitter valuation.</p>
<p>Please select whichever suits you!</p>
<p><strong>Frothy beer mug hat:</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/09/MSC-0136.jpg"><img src="http://kara.allthingsd.com/files/2009/09/MSC-0136-250x294.jpg" alt="MSC-0136" title="MSC-0136" width="250" height="294" class="aligncenter size-medium wp-image-18911" /></a></p>
<p><strong>Nena-99&#8242;s Luftballoons (How much do I love this song? Muchly much!):</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/9whehyybLqU&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/9whehyybLqU&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><strong>Bubbles the chimp with his special friend:</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/09/130503-bigthumbnail.jpg"><img src="http://kara.allthingsd.com/files/2009/09/130503-bigthumbnail-250x187.jpg" alt="130503-bigthumbnail" title="130503-bigthumbnail" width="250" height="187" class="aligncenter size-medium wp-image-18912" /></a></p>
<p><strong>Violet Beauregard blowing up like a blueberry in the &#8220;Charlie and the Chocolate Factory&#8221; movie, including cool Oompa-Loompa song:</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/qG7_V1Lzy9Q&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/qG7_V1Lzy9Q&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><strong>And, for all your dreamers, <em>just right</em>:</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/09/128777441398366396.jpg"><img src="http://kara.allthingsd.com/files/2009/09/128777441398366396-250x185.jpg" alt="128777441398366396" title="128777441398366396" width="250" height="185" class="aligncenter size-medium wp-image-18913" /></a></p>
]]></content:encoded>
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		</item>
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		<title>How to Kill the Rest of Your Friday</title>
		<link>http://allthingsd.com/20090710/how-to-kill-the-rest-of-your-friday/</link>
		<comments>http://allthingsd.com/20090710/how-to-kill-the-rest-of-your-friday/#comments</comments>
		<pubDate>Fri, 10 Jul 2009 19:25:50 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=9181</guid>
		<description><![CDATA[Let's be honest. You're not getting anything productive done with the rest of the day. Why not sit back and watch a couple of interesting ads before the weekend starts?]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/07/koolaid.png"><img class="alignright size-medium wp-image-9184" title="koolaid" src="http://mediamemo.allthingsd.com/files/2009/07/koolaid-249x141.png" alt="koolaid" width="249" height="141" /></a>Maybe you&#8217;re in New York and need to waste an hour or two before you scoot out of the office. Maybe you&#8217;re on the West Coast and have a full half day to go. But regardless of where you work, it&#8217;s a Friday in July. And you&#8217;re not getting any real work done at this point.</p>
<p>My time-killing suggestion for the day: AdWeek&#8217;s <a href="http://adweek.blogs.com/adfreak/">&#8220;AdFreak&#8221;</a> blog, which is packed with TV ads you probably haven&#8217;t seen. Did you know, for instance, that the Kool-Aid man was back?</p>
<p><object width="350" height="283" data="http://www.youtube.com/v/l5gZ2_HRuvo&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/l5gZ2_HRuvo&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
<p>Or perhaps you&#8217;ve wondered what a North Korean beer ad looks like (though honestly, you don&#8217;t need to go the full two-and-a-half minutes on this one; 20 seconds is fine):</p>
<p><object width="350" height="283" data="http://www.youtube.com/v/-_jjfn18UzM&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/-_jjfn18UzM&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
<p>Or maybe you want to see a guy doing a backflip in a wheelchair, as in this spot for Howstuffworks.com:</p>
<p><object width="350" height="283" data="http://www.youtube.com/v/euO_QQnUBGw&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/euO_QQnUBGw&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
<p>One word of warning: Don&#8217;t bother with the &#8220;Eat Canadian&#8221; ad, which is earnest and dull. Save that for Monday, as you&#8217;re easing into the week. Enjoy your weekend!</p>
]]></content:encoded>
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		<title>Palm Investor: Your Next iPhone Will Be a Pre</title>
		<link>http://allthingsd.com/20090306/qotd-111/</link>
		<comments>http://allthingsd.com/20090306/qotd-111/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 15:08:31 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=14312</guid>
		<description><![CDATA[Palm investor Roger McNamee isn't drinking his own Kool-Aid, he's drowning in it. In an interview with Bloomberg, McNamee--co-founder of Elevation Partners, which owns 39 percent of Palm--claimed iPhone owners will switch en masse to the Palm Pre when their contracts expire.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/duncejpg.jpeg" alt="duncejpg" title="duncejpg" width="200" height="282" class="alignright size-full wp-image-14331" />Palm investor Roger McNamee isn&#8217;t drinking his own Kool-Aid, he&#8217;s drowning in it.</p>
<p>In an interview with Bloomberg, McNamee&#8211;co-founder of Elevation Partners, which owns 39 percent of Palm (PALM)&#8211; claimed owners of Apple&#8217;s (AAPL) iPhone will switch en masse to the Palm Pre when their contracts expire. &#8220;You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone,&#8221; <a href="http://www.bloomberg.com/apps/news?pid=conewsstory&amp;refer=conews&amp;tkr=AAPL%3AUS&amp;sid=aLU.GjaZD9Ao">he said</a>. &#8220;Not one of those people will still be using an iPhone a month later. Think about it&#8211;If you bought the first iPhone, you bought it because you wanted the coolest product on the market. Your two-year contract has just expired. Look around. Tell me what they’re going to buy.&#8221;</p>
<p>I dunno, the iPhone 3.0?</p>
<p>A hubristic claim, even for McNamee and one reminiscent of those <a href="http://digitaldaily.allthingsd.com/20090108/yeah-those-pc-guys-never-stood-a-chance/">ill-starred words</a> Palm CEO Ed Colligan uttered back in 2006:</p>
<blockquote><p>&#8220;We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in.&#8221;</p></blockquote>
<p>Look, Ed! <a href="http://www.apple.com/pr/library/2008/07/14iphone.html">Behind you!</a></p>
<p>Yeah, those PC guys never stood a chance&#8230;</p>
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		<title>There&#039;s No Biz Like No Biz at Twitter! (And Will Google Swoop In Before It All Comes Crashing Down?)</title>
		<link>http://allthingsd.com/20090213/theres-no-biz-like-no-biz-at-twitter-and-will-google-swoop-in-before-it-all-comes-crashing-down/</link>
		<comments>http://allthingsd.com/20090213/theres-no-biz-like-no-biz-at-twitter-and-will-google-swoop-in-before-it-all-comes-crashing-down/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 22:41:58 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Benchmark Capital]]></category>
		<category><![CDATA[Biz Stone]]></category>
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		<category><![CDATA[Don't Stop Believin']]></category>
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		<category><![CDATA[Kara Swisher]]></category>
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		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[microblogging]]></category>
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		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[The Sopranos]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[valuation]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=9792</guid>
		<description><![CDATA[Since BoomTown constantly called the $15 billion valuation of Facebook "insane" when Microsoft forked over $240 million in 2007, and gave Slide's Max Levchin a very hard time when his widget company got a $550 million valuation a year ago, it's only fair that I say something equally appropriate about Twitter.

The hot microblogging service just got its very own $250 million valuation, but without a dime of revenue in sight. (I know, Bijan, it's coming, it's coming!)

After all, Facebook and Slide got their funding in boom times and here we are hurtling toward a possible Depression: The Sequel.

But I am torn.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/02/pigsfly.jpg"><img src="http://kara.allthingsd.com/files/2009/02/pigsfly-300x300.jpg" alt="" title="pigsfly" width="275" height="275" class="alignright size-medium wp-image-9796" /></a></p>
<p>Since BoomTown constantly called the <a href="http://kara.allthingsd.com/20071025/memo-to-mark-boomtown-is-baaaack-and-were-still-dubious/">$15 billion valuation of Facebook &#8220;insane&#8221;</a> when Microsoft (MSFT) forked over $240 million in 2007 and gave <a href="http://kara.allthingsd.com/20080118/slip-sliding-into-a-fortune/">Slide&#8217;s Max Levchin a very hard time when his widget company got a $550 million valuation</a> a year ago, it&#8217;s only fair that I say something equally appropriate about Twitter.</p>
<p>The hot microblogging service <a href="http://mediamemo.allthingsd.com/20090213/buisness-models-are-overrated-twitter-raises-another-35-million/">just got its very own $250 million valuation</a>, all without a dime of revenue in sight. (I know, Bijan, it&#8217;s coming, it&#8217;s <em>coming</em>!)</p>
<p>After all, Facebook and Slide got their funding in boom times and here we are hurtling toward a possible Depression: The Sequel, even as Twitter hauls in $35 million more in investments.</p>
<p>But I am torn.</p>
<p>Should it be &#8220;WTF?&#8221; given that the current economic meltdown really seems to have little impact on Silicon Valley venture capitalists?</p>
<p>I guess they have to put their money <em>somewhere</em> and that&#8217;s probably the best choice out there, due to Twitter&#8217;s strong growth and, perhaps more importantly, overhyped media mindshare.</p>
<p>Or maybe: &#8220;Don&#8217;t Stop Believin&#8217;!!? I mean, you almost have to admire the appalling suspension of disbelief for Benchmark Capital and IVP to hand over such a sum.</p>
<p>In fact, they are probably right now down at at Il Fornaio in Palo Alto, telling everyone who will listen that Google (GOOG) was founded in the last tech downturn.</p>
<p><a href="http://kara.allthingsd.com/files/2009/02/kool-aidman.jpg"><img src="http://kara.allthingsd.com/files/2009/02/kool-aidman.jpg" alt="" title="kool-aidman" width="320" height="320" class="aligncenter size-full wp-image-9794" /></a></p>
<p>Actually, I think the only thing to say is to reference the search giant: &#8220;Let&#8217;s hope Google has another YouTube moment and decides it must own the start-up pioneering real-time search and status updates no matter the price.&#8221;</p>
<p>That&#8217;s kind of long, so I will distill it to this Calgon-inspired thought: &#8220;Larry and Sergey, take me away!&#8221;</p>
<p>Because while I appreciate that Twitter co-founder Biz&#8211;I can&#8217;t help it, but I laugh every time time I write his name in relation to a company that makes bupkis&#8211;Stone underscored that the company was ready to make some money using the new funding, an acquisition by a big, nervous Internet giant is the only way this is going to end well.</p>
<p>In his post, ironically titled <a href="http://blog.twitter.com/files/2009/02/opportunity-knocks.html">&#8220;Opportunity Knocks,&#8221;</a> Stone noted, &#8220;We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products.&#8221;</p>
<p>That would be nice, because right now, <a href="http://kara.allthingsd.com/20090211/boomtown-translates-the-twitter-is-really-serious-folks-about-not-making-memo/">there&#8217;s no Biz like no biz</a>.</p>
<p>And not to sound like a skunk at this Silicon Valley garden party, but Twitter might want to start doing that sooner than later.</p>
<p>I know, I know, I am such a bummer with all this talk of things not just growing to the sky in a world without end.</p>
<p>But as Facebook&#8211;valuation now officially $3.7 billion, although probably more if it were to be sold&#8211;has found out, the delta between dreamy funding and revenue reality can be quite huge.</p>
<p>And, by that, I am not saying it can&#8217;t be done, I am simply saying: Do it.</p>
<p>Until then, here is a lovely Calgon commercial and also a video of that amazing last scene in the finale of &#8220;The Sopranos&#8221; with the Journey song playing until it is abruptly cut off (I say Tony was shot in the head by the guy in the bathroom, but please weigh in):</p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/HvE65VOcAL0&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/HvE65VOcAL0&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/rnT7nYbCSvM&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/rnT7nYbCSvM&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
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		<title>Time to Poach a Few More Googlers, Eh, Mark?</title>
		<link>http://allthingsd.com/20081006/time-to-poach-a-few-more-googlers-eh-mark/</link>
		<comments>http://allthingsd.com/20081006/time-to-poach-a-few-more-googlers-eh-mark/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 21:11:13 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<category><![CDATA[Dustin Moskovitz]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=6296</guid>
		<description><![CDATA[Facebook manager Justin Rosenstein once described the social network as “the Google of yesterday, the Microsoft of long ago.” Today, Rosenstein perhaps views it as the Facebook of So Totally Last Week, because he’s leaving the company, along with departing Facebook co-founder Dustin Moskovitz.]]></description>
			<content:encoded><![CDATA[<blockquote><p>
Facebook really is That company. Which company? That one. That company that shows up once in a very long while&#8211;the Google of yesterday, the Microsoft of long ago. That company where large numbers of stunningly-brilliant people congregate and feed off each other&#8217;s genius. That company that&#8217;s doing with 60 engineers what teams of 600 can&#8217;t pull off. That company that&#8217;s on the cusp of Changing The World, that&#8217;s still small enough where each employee has a huge impact on the organization, where you think about working now and again, and where you know you&#8217;ll kick yourself in three years if you don&#8217;t jump on the bandwagon now, even after someone had told you that it was rolling toward the promised land. That company where everyone seems to be having the time of their life. &#8230; I&#8217;m serious. I have drunk from the Kool-Aid, and it is delicious.&#8221;</p>
<p>&#8211; <a href="http://paul.kedrosky.com/archives/2007/06/15/facebook_really.html">Facebook manager Justin Rosenstein, June 15, 2007</a></p>
</blockquote>
<p><img src="http://digitaldaily.allthingsd.com/files/2008/10/exit.jpg" alt="" title="exit" width="200" height="134" class="alignright size-full wp-image-6302" />Facebook manager Justin Rosenstein once described the social network as &#8220;the Google (GOOG) of yesterday, the Microsoft (MSFT) of long ago.&#8221; Today, Rosenstein perhaps views it as the Facebook of So Totally Last Week because<a href="http://online.wsj.com/article/SB122307190712803483.html"> he&#8217;s leaving the company, along with departing Facebook co-founder Dustin Moskovitz</a>. Together the two hope to develop some sort of new extensible enterprise productivity suite, something that will be &#8220;to your work life what Facebook.com is to your social life,&#8221; according to a post on <a href="http://www.new.facebook.com/note.php?note_id=33532232582">Rosenstein&#8217;s Facebook page</a>.</p>
<p>&#8220;We see this new venture as very complementary to Facebook,&#8221; Rosenstein explained. &#8220;We hope our products will become to your work life what Facebook.com is to your social life. Our software will use Facebook Connect as the default option for identity and authentication. Our user interface will adopt many of Facebook’s conventions, creating a seamless and familiar experience for current Facebook users. And if our new development tools turn out to be useful, we hope the Facebook engineering team will come to adopt them.&#8221;</p>
<p>The departures are a blow to Facebook, which has been suffering something of a brain drain recently, and more specifically, to CEO Mark Zuckerberg who founded the company with Moskovitz while the two were undergraduates at Harvard.</p>
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