This is Signal vs. Noise, a weblog by 37signals about design, business, experience, simplicity, the web, culture, and more. Established 1999 in Chicago. Visit the Product Blog for more information on our products.
37signals
Meet some of our happy customers from all over the world: http://t.co/ppuYtjdK
dhh
Thomson Reuters Starmine puts fair value of $9.59 on Facebook stock: http://t.co/b9WHDijK
dhh
Although, "clobbered" is very relative. Still valued at $88B. Even though that's a mighty $22B less than opening, still fuckwad of $$$.
dhh
Maybe I was being too cynical, but I'm actually surprised that Facebook continues to get clobbered in the market. Down another 5% today.
dhh
A good day's work: http://t.co/VZHyairW
dhh
"Facebook isn't Google; it's Yahoo or AOL", http://t.co/q45eoHT6 [The Facebook Fallacy]
dhh
I wish there were better ways for bootstrapped companies like Github to partially cash out without turning on the VC time bomb.
dhh
(Here's the story on Github taking VC: http://t.co/eX3JtRMa)
dhh
I wonder how many tech companies, if any, have gone public without greasing both VCs and bankers along the way?
dhh
If the Github-takes-VC story is true, is anyone taking odds on how long until the acquisition is announced?
dhh
So the US would have been better off if Obama had been busted for his weed and blow use back in the day and never become president, right?
dhh
Great rant by Penn Jilette about Obama's disgusting Federal pursuit of weed users in CA: http://t.co/1iPNomhY
dhh
In other stock news, Apple is trading at a forward P/E of just 10. Them markets sure are efficient!
dhh
But hey, at least the market didn't let the first-day gamblers enjoy any pop. I'd hate to be the next tech IPO following that.
dhh
So Facebook stock is down ~12% right now, but that's not much of a correction when they're still worth $92B and P/E is still 78.
37signals
Since launching the new Basecamp, we've had a strong 99.98% uptime: http://t.co/NRS3X7a5, thanks to Anton, Eron, John, Matt, Will, & Taylor!
dhh
You only get one chance to be a beginner: http://t.co/b3zMr6Sv
dhh
You only get one change to be a beginner: http://t.co/b3zMr6Sv
dhh
At a 93 P/E and a $110B valuation I'm really thinking of getting in on thise Facebook thing. Anyone want to go Dutch on 0.9% for a billion?
37signals
Last week 12,529 companies kicked off new projects using Basecamp. Did you? http://t.co/hg6MYUZh
37signals
Last week 12,529 companies kicked off new projects using Basecamp. Are you ahead of behind? http://t.co/hg6MYUZh
rjs
Excellent interactive data design from NYT comparing tech IPOs http://t.co/bA6ppHQE
dhh
All the oxygen trapped in a bubble: http://t.co/j7dWe6dC
dhh
The arms race is in full effect: when everyone else is hiring, you feel like you must stock up too.
rjs
It's easier for teams to make progress when they know and respect the boundaries of each others' expertise.
