I always liked to discover Russia or China as healthy growth alternatives for new business. Last October I was blogging about Russia’s online market in 2008 and right now I have only positive thoughts about this part of the world since they decided to invest more in new media.
I like the new country and the achievements made in the last years: Russia is now a healthy democracy with an emerging market and a healthy appetite for new business. I know that in Romania, politicians are not very keen to maintain business relationships with Russian entities but the opportunities cannot be ignored as we entered a new era of doing business.
The financial crisis had a different impact but the fact that Digital Sky Technologies, a Russian investment group, decided to $200 million investment in Facebook was a great signal for entrepreneurs all over the world. Facebook said the investment represents a 1.96% equity stake at a $10 billion valuation and it seems that DST has indicated that it will offer to buy at least $100 million of Facebook common stock from existing common stockholders. Continue reading ‘Russia, the new financial tiger – online business’
WR Hambrecht CEO Bill Hambrecht on Google’s IPO anniversary (movie uploaded 2 minutes ago):
A Dutch auction is a type of auction where the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer’s price, or a predetermined reserve price (the seller’s minimum acceptable price) is reached. The winning participant pays the last announced price. This is also known as a “clock auction” or an open-outcry descending-price auction. wiki
PUMA has another “wonder shoe” designed to write history – the Yaam (pronounced yom), the sprint spike created exclusively for Usain Bolt to run the Berlin World Championships.
149 grams, superlight, 80-85 EUR, very orange, way too cool. Details here…
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