Ravi’s Blog » Blog Archive » StartupSchool - Page Mailliard

Amazing article for any entrepreneur, from Paul Grahams Startup school.

I like this one.Why write business plans when no one ever care to read it really.
Ravi’s Blog » Blog Archive » StartupSchool - Page Mailliard


Ravi’s Blog » Blog Archive » StartUpSchool - Mark Fletcher

Ravi’s Blog » Blog Archive » StartupSchool - Ann Winblad

Ben Bernake and US economy

Interest rates are not being monitored , simply when the growth goes away inflation will stay. The yield curve may flip and the coutry and the rest of the allied world cry for dripping economy..

Ofcourse this is not I want to see, But it seems inevitable with the current market policies.

Scotsman.com Business - Latest News - Fed might pause on rates - Bernanke

Ben Bernake and US economy

Interest rates are not being monitored , simply when the growth goes away inflation will stay. The yield curve may flip and the coutry and the rest of the allied world cry for dripping economy..

Ofcourse this is not I want to see, But it seems inevitable with the current market policies.

Scotsman.com Business - Latest News - Fed might pause on rates - Bernanke

US GDP

US "Gross domestic product increased at a 4.8% rate in the first quarter".. Waiting for more information

Googles 99% discount, Ads revenue, Mexed economy

I recently find that Google get a 99% discount for under writing its 2 billion worth shares. Morgan Stanleys fees for under writing is normally 2.9 % or 3%. But they managed to get a discoubnt and paid only 1 million USD.. I wish i could get a prosche for that discount...

Microsoft agreed to buy Massive, a start-up that places ads in videogames, in a deal that highlights the growing flow of advertising into nontraditional media

I am going to buy anything which sells ad online. Live expesially. Now it started for video games .. Watch out for more..

Boeing reported a 29% rise in profit, aided by a surge in jetliner deliveries. Revenue rose 12%, despite lower sales at its space-and-defense unit

As I mentioned earlier. Mixed economy Good for many but not for all .. System is maintaining the balance. Amazon is cutting down job.. Quarter results are not impressive. Same with Ebay and other giant. Ping me for a list of them

Googles 99% discount, Ads revenue, Mexed economy

I recently find that Google get a 99% discount for under writing its 2 billion worth shares. Morgan Stanleys fees for under writing is normally 2.9 % or 3%. But they managed to get a discoubnt and paid only 1 million USD.. I wish i could get a prosche for that discount...

Microsoft agreed to buy Massive, a start-up that places ads in videogames, in a deal that highlights the growing flow of advertising into nontraditional media

I am going to buy anything which sells ad online. Live expesially. Now it started for video games .. Watch out for more..

Boeing reported a 29% rise in profit, aided by a surge in jetliner deliveries. Revenue rose 12%, despite lower sales at its space-and-defense unit

As I mentioned earlier. Mixed economy Good for many but not for all .. System is maintaining the balance. Amazon is cutting down job.. Quarter results are not impressive. Same with Ebay and other giant. Ping me for a list of them

Googles scary numbersss.. To good man

Quarterly revenues - $2.25bn, up 79% year over year
Quarterly EBITDA - $1bn - up 86% year over year

Now let's just take a second to comprehend those numbers.

We are witnessing a business that is approaching $10bn in annualized revenues growing at 80% year over year.

And we are looking at a business with operating margins of almost 50%."

Some one please do a DCF analyis and find the valuation for goole with this kind of projected growth.. I bet this things will scare you right thru the every business model you ever came across..

May be Microsoft is close in selling their office package and making this much profit.

A VC: Google - Oh My: "Google posted the following numbers yesterday:

Ebay leaking .. Is it a big wound

Ebay seems to be the worlds best business model. Buy there is one more things "Little drops of water make a mighty ocean" lately it seems to be forgetting about this and getting in to big stuffs.

Any comments on this friends...

"EBay is talking to both Yahoo and Microsoft about the possibility of working together to thwart growing competition from Google. Google's profit climbed 60% and revenue surged 79% on strong Web advertising and global growth."

My Days in USA

My Days in USA: "Goldman Gurus Strike It Rich With Hedge Fund"

Engineers and Finance....

Mathematical Equations. It seems that this drives the financial institutions here and acrosss the globe. I recently understood and analysed a Model for Credit Risk Modelling using Markov Chain.

Application of Stochastic process. The depth and the capabilities of the problem is good. But comparitively how far away is this models from the real life scenario is still a challenge. Who has a perfect balck box for forecasting.. Answer is no one. If any model can be consistently yiels atleast 20% accuracy there you see the next Bill gates or Warren Buffet ( His intuitions are more or less close to black box).

I understood that many hedge fund managers and finance people know the least about the methodologies involved ( Any way who cares). Exceptions are always there any way. I believe if some can get the best of both the worlds both Quant and Managerial..( Atleast finance people should hire people with Engineering Backgrounds with Strong Financial aptitude)..

But some people grow up other way. They build strong Management skills and build the necessary aptitude . Thats also good. But least preffered just because not much incentive for learning a model... Lolzzz

David E Shaw

View this amazing video and the clarity of explanation from former computer scientist turned investor David E Shaw

To unlock the secret rtsp://media5.bloomberg.com/virage/btv200kbps_145006656_1145043036.rm

Open Real player . Click File open and paste the above link..

He manages 20 billion USD. No inlcuding institutional investors. From Bloomberg

A VC

A VC

Thanks Fred Wilson. His articles are getting interesting every day.

No more word on this post. This one is good I like this portion the most though

"Here are the characteristics that I find most commonly in great entrepreneurs:

- Super bright, smartest person in the room syndrome
- Engaging, compelling, social personalities
- An insatiable passion for creating things
- An expertise and focus on the product
- The ability to rapidly mediate between the market and the development team
- A hunger for the big hit (ie the payday)
- A flair for PR and marketing
- The ability to listen to and really hear what others are saying"

Gasoline prices will go up...wsj

Summer gasoline prices will be at least 25 cents a gallon more than last year's, the government said, driven by Gulf damage and a shift to ethanol.

What are some of the immediate implicatipion. How many portfolios is going to dip. Beware cruise lines and airlines shares. May be oil companies shares will go up.

Yesterday I was reading corelation (+/-) let us see what is happening in the market as a whole..

WSJ.com - U.S. Home

UBS acuire Private Client Network Jaffrey

UBS agreed to acquire the private-client network of Piper Jaffray for $500 million, adding about 800 brokers to its current roster of 7,500.

Source Wall Street Journal April 11 Tuesday

Premji, Jerry Rao eye pvt equity space- The Economic Times

I wrote about private equity and you can see from this link what is happening. Read below

Premji, Jerry Rao eye pvt equity space- The Economic Times

India's richest realty man

Amazing story of India's richest realty man

Read the above article before even trying to read what I had written about.

He is more or less I kind of follow for quite some time now. K P Singh aka Kusp Pal Singh. The story and the success is enviable. He is going to be toping the rich list in India.(Not Indians read L N Mittal). The real estate with 20 - 30% growth in any place is worth an investment. If I have enough money. I will just give it to my father who has proven his calculations in Real Estate .

If you wanna hear some thing more interesting. You looking for a booming market. Invest in Cochin man. I will give you 10 proofs that its isnt a bad investment.

Bessemer Venture Partners - Our Portfolio

Bessemer Venture Partners - Our Anti Portfolio

The opportunitied BV missed many many reasons. Its on of the succeful VC firms as a matter of fact.

This is the interesting part. BV has the courage to list . Apple for 60 million valuation and missed it. Including Pay Pal and beloved Google.

One thig to be clear. Dont cry over spilt milk. There portfolio is rich with 164 companies as a matter of fact..

BV Portfolio Companies

Who Made the Biggest Bucks

Read the below artcile about corporate Salaries.. I am sure that this will scare every one. The Highest Pay for CEO including options is 250 Million. I thought its a joke not any more from Wall Street Journal

My rant continues. Finance,Energy,and IT these are the places where the future is..

Richard D. Fairbank, Capital One Financial Corp., with total direct compensation of $249.27 million. The sum entirely resulted from option exercises. Most of the value realized came from grants scheduled to expire last year. He held shares worth $200.2 million in the McLean, Va., credit-card giant at year-end. Shareholder return equaled 2.7%.

• Bruce Karatz, KB Home, $155.9 million, mainly because he enjoyed a $118.37 million payday from exercising options, pocketed restricted shares initially worth $3.86 million and received a long-term incentive payout of $3.53 million. He owned stock worth $132.6 million as of Nov. 30, the fiscal-year end for the Los Angeles builder. Shareholder return was 61%.

• Henry R. Silverman, Cendant Corp., $133.26 million, largely due to $117.64 million from exercising options that were about to expire. The head of this sprawling travel and real-estate company held shares worth $159.35 million when the year ended. Shareholder return was minus 21%. His employer is splitting up because of its poor stock performance.

• Richard S. Fuld Jr., Lehman Brothers Holdings Inc., $104.4 million, mainly an outgrowth of $74.96 million from his option exercises. The leader of the New York investment bank owned a sizable stake worth about $563.68 million on Nov. 30, the end of fiscal 2005. Shareholder return totaled 51.6%

• William E. Greehey, Valero Energy Corp., $95.16 million, primarily resulting from about $55.27 million in option gains, restricted shares with an initial value of $5.7 million and $29.28 million from a long-term incentive payout. His shares were worth $241.85 million at the end of a year when TSR was a stunning 128.5%.

• Ray R. Irani, Occidental Petroleum Corp., with total direct compensation of $83.96 million, the consequence of his $37.56 million in option gains, a restricted-stock award with an initial value of $30.9 million, plus a $10.56 million payout from a long-term incentive plan. The leader of the Los Angeles energy concern had a share stake worth $32.7 million at year-end. Shareholder return equaled 38.8%.

• Lawrence J. Ellison, Oracle Corp., $74.37 million, largely due to $66.89 million from exercising options. When the fiscal year ended last May 31, the founder of the business-software maker had a huge stake valued at about $15.5 billion. Investors saw a return of 12.3%.

WSJ.com - Who Made the Biggest Bucks

How to Wow 'Em Like Steve Jobs

Amazing article. I alwats liked his presentation skills. I still watch his presentation nearly 3 / 4 times.I am ok with watchig Jobs presentation any number of times.Many people say that I presents my material really good. Thanks to Jobs .I used some tips from him.

The Economic Times - James Bond Movie

Wiating for a Bond Movie. Some how I liked thrilling action packed movies.

The current movie from EON productions is the 21st James Bond movie. The story in a nutshell is this: James Bond needs to stop a casino owner who uses his winnings to fund terrorism. Through this movie, the Bond franchise will attempt to reboot the entire series by ignoring his previous 20 big-screen adventures and introducing the character as if he were a brand-new creation.

Let us how Daniel Craig can do the justification.

WSJ.com - Kleiner Rainmaker Formally Launches Own Venture Firm

WSJ.com - Kleiner Rainmaker Formally Launches Own Venture Firm

Vinod Khosla . Forbes Midas List member and Senior Partner of Kliener Perkins Launches his own VC firm.

His team includes David Weiden, who most recently served as the senior vice president of marketing for Tellme Networks Inc., a Kleiner Perkins portfolio company, and who will focus on traditional high-technology deals. A second individual that Mr. Khosla declined to identify because he or she is still working on other projects will focus on clean technology and related investments.

From WSJ

More to read J P Morgan and Bank of New York

After weeks of speculation, J.P. Morgan Chase & Co. secured a deal to acquire Bank of New York Co.'s retail-banking business.

As expected, the deal will involve a swap of assets, not an outright purchase. J.P. Morgan, the nation's third-largest bank by market value, announced Saturday that it will give Bank of New York its corporate-trust unit and a cash payment of $150 million in exchange for the retail-banking business. (Read statements from the companies.)

The Bank of New York said it will retain and continue to build its private-banking business, which involves the management of more than $60 billion in assets for high net-worth clients.

The $150 million cash payment reflects the different valuations of the two business lines that are being exchanged. Bank of New York's retail-banking unit, which is comprised of consumer, small-business and middle-market banking operations, is valued at $2.3 billion, the companies said. J.P. Morgan's trust unit, which provides record-keeping and other back-office services for institutional holders of bonds and other securities, is valued at $2.15 billion. The companies expect the deal to close in the second half of 2006

I didnt like this news

I am not happy about this. I like his movies and Its sad to see no more movies are coming from him fro some time..

Here is the news Vijay is away from Camera for 105 days Hope fully he come back with more and great movies...

Lucent and Alcatel

"Analysts said the deal could trigger mergers throughout the equipment sector as manufacturers look for ways to cut costs and broaden their product lines. However, The scant premium paid for Lucent could set a low benchmark for other deals"
From "CNN Money"

I wasnt claiming to be an expert in M & A. But when u look in to the due diligence. This kind of partnership will trigger further M & A in general with in the cosolidated industries. When you look in to the recenet deals from AT & T, Sprint and other deals in Telecom and allied industries. ( Provided you know the histrory )The once consolidated industry was spearated and again brough together with more Mergers what does this indicate. Good for the sector.

But there is a down side also in the customer face. Consolidate industried trend to monopolize and often the best is not offered to the customers in the long run.

This is from a different stand poing though. Again for the name sake. Could you please recommend any good book in M & A . I am yet due to find one.

Where are you Anti-Trust Guysss

WTF is happening. I cant believ its true. They diverge consolidate is it good for shares or what is the logis behind this.




Alcatel to buy Lucent for $13.4B; work force to be cut 10% - Apr. 2, 2006: "Alcatel buying Lucent for $13.4B"

Man this one is Hilarious

How can a Guy or more than 50% fly for free. Ofcourse some one is sitting in a lo of cash I guess. Why not google can take a shot.Since it recently earned 2.1 billion USD.


Paul Kedrosky's Infectious Greed: Fly for Free -- Make Up the Difference on Volume

Paul Kedrosky's Infectious Greed: Top Hedge Fund Earners of 2005

Paul Kedrosky's Infectious Greed: Top Hedge Fund Earners of 2005: "Tudor "

1. T.Boone Pickens - estimated 2005 earnings $1.5bn +

2. Stevie Cohen, SAC Capital Advisers - $1bn +

3. James Simons, Renaissance Technologies Corp. - $900m - $1bn

4. Paul Tudor Jones, Tudor Investment Corp. - $800m - $900m

=5. Stephen Feinberg, Cerberus Capital Management - $500 - $600m

=5. Bruce Kovner, Caxton Associates - $500m - $600m

=5. Eddie Lampert, ESL Investments - $500m - $600m

8. David Shaw, D.E. Shaw & Co - $400m - $500m

9. Jeffre Gendell, Tontine Partners - $300m - $400m

=10. Louis Bacon, Moore Capital Management - $300m - $350m

=10. Stephen Mandel, Lone Pine Capital - $300m - $350m


De Shaw the Mystery Company is in 8th position..