Daily Archives: November 26, 2011

The bubble we’re in

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The NYT had good, sober piece about the bubble we’re in, using as a peg what’s happened to Groupon shares since that company’s stock market debut. The piece also includes this useful table:

Here’s a look at some of the notable technology I.P.O.’s this year :

Demand Media

Offering price: $17

Tuesday’s closing price: $6.85

Current market value: $574 million

Groupon

Offering price: $20

Wednesday’s closing price: $16.96

Current market value: $10.82 billion

LinkedIn

Offering price: $45

Wednesday’s closing price: $66.00

Current market value: $6.36 billion

Pandora

Offering price: $16

Wednesday’s closing price: $10.51

Current market value: $1.69 billion

Renren

Offering price: $14

Wednesday’s closing price: $3.75

Current market value: $1.47 billion

Yandex

Offering price: $25

Wednesday’s closing price: $20.05

Current market value: $6.48 billion

FOOTNOTE: But why, oh why, can’t the NYT understand apostrophes? Personal computers in the plural are always PC’s in the paper. And so, it turns out, are IPOs.

The ‘Internet of Things’ for ordinary folks

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From Supermechanical.com.

Twine is the simplest possible way to get the objects in your life texting, tweeting or emailing. Get an email when the basement floods while you're on vacation, a text when someone's knocking at the front door, or a tweet when your laundry's done. A durable 2.5" square provides WiFi connectivity, internal and external sensors, and two AAA batteries that keep it running for months. A simple web app allows to you quickly set up your Twine with human-friendly rules — no programming needed. And if you're more adventurous, you can connect your own sensors and use HTTP to have Twine send data to your own app.