Tim Berners Lee is the first winner of the world\’s largest technology award, a prize of $1.23 million awarded by the Finnish Technology Award Foundation for inventing the simple protocols that created the powerful world wide web. Definitely well deserved. The fact that he never commercialized his invention but rather made it a public good — with the huge adoption rates that followed — guarantees him a place as one of the innovators with the greatest impact in the history of the world. The web has completed changed the world.
Gary Hollister, CEO of XanGo, spoke today at UVSC. From what I have heard, XanGo may go down in history as the fastest growing networking marketing company ever.
The company formerly known as Gator, much hated in the industry by web site publishers and much beloved by aggressive internet marketers, has filed its S-1. The numbers are amazing: more than $90 million in revenue and net income of almost $35 million. Very strong numbers indeed, for what many people consider a bottom-feeder.
I love my Suunto phone with MSN direct internet service. I get news headlines, stock quotes, weather and now sports scores for my favorite NBA teams. I recharge the watch about twice a week. It\’s no problem. My favorite feature, though, is having my Outlook appointments sent to my watch. This is all done through FM radio transmission. It\’s way cool. Highly recommended (though a bit pricey).
I love Kudlow & Cramer, but have missed it for about two weeks. Finally I realized the time slot had been switched. So I set my PVR to record it every day at 3:00 pm. I just caught 10 minutes of today\’s show. They highlighted Yahoo\’s break-out earnings, Dell\’s revised guidance upwards, and interviewed the CEO of SIRIUS (a satellite radio company) that has struck deals with at least three major auto manufacturers. I love Larry Kudlow and Jim Cramer and how bullish they are on tech stocks because of productivity and profits.
Utah Valley Entrepreneurial Forum Lunch, April 8th, 11:45 pm, Provo Marriott
Featured speaker will be Warren Osborn, successful serial entrepreneur. (I met Warren years ago: he�was one of our first board members and investors in Ancestry.com.)
His new company Seastone provides more than 100 million tin containers�for direct marketing and packaging purposes each year. He has strong manufacturing and business connections in China.�He harvested his first company, a very successful video duplication company in the 90s.
More good news for the internet economy, this time from the 3rd largest advertising network. Founded in 1998, Advertising.com raised more than $70 million in venture capital, and when the bubble burst had to lay off 30% of their staff. But they are back with a vengeance, and seeking $100 million from their upcoming IPO.
The Deseret News reports that MyFamily.com had 2003 revenue of $99 million, with 80% of it coming from online subscriptions.
I am helping a company create a list of the most popular hobbies in North America and am finding it extremely frustrating. I may have to visit a library and check out some back issues of American Demographics magazine to find some good data.
Here\’s what I found so far online about just one hobby, coin collecting:
A 4-year old anti-spam company with only $26 million in fiscal 2004 revenue and very slight profits has decided to go public. This will really test how ready the markets are for smaller IPOs. This is a major growth industry, to be sure, but the company doesn\’t have the revenues you expect these days.
Here is an excerpt from their S-1, filed today: