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37 Signals

http://37signals.com/svn

Authority: 1,639

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.
dhh Redis Manifesto: "We believe writing code is a lot of hard work, and the only way it can be worth is by enjoying it.", http://t.co/DBv0WcGA
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh The Daily Show on the ridiculous drug testing of welfare recipients in Florida: http://t.co/egFyQ5wi - so awesome!
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
rjs Re that last link (http://t.co/oh7zt1cz) .. the same is proving true for unresponsive design too. The browser is the medium.
by Ryan Singer, Blogger, 37 Signals (Rank #50)
rjs "The largest and most exciting part of the design process now happens in the browser." (not Photoshop) http://t.co/oh7zt1cz via @JZ
by Ryan Singer, Blogger, 37 Signals (Rank #50)
rjs A Drupal UI guy transitions from slicing Photoshop comps to gradually skinning running code: http://t.co/YYQICI0Z
by Ryan Singer, Blogger, 37 Signals (Rank #50)
rjs "An interior designer [doesn't pitch] three different rooms, so why do we design three full comps?" http://t.co/FLTjaNHI
by Ryan Singer, Blogger, 37 Signals (Rank #50)
37signals Customer support at 37signals beyond email: Live demonstrations, help videos, live chat, and more - http://t.co/w4EWOY4I
by 37Signals, Blog Feed, 37 Signals (Rank #50)
37signals Added 2 new talks by Jason Fried and Sam Stephenson on our 37signals Speaks page: http://t.co/w5XPoHio
by 37Signals, Blog Feed, 37 Signals (Rank #50)
37signals Checkout Ecquire http://t.co/8oTrYeDM for a great new way to add contacts and emails directly to Highrise from Gmail or LinkedIn!
by 37Signals, Blog Feed, 37 Signals (Rank #50)
dhh Congratulations, University of North Carolina-Charlotte, you now have your very own SWAT team: http://t.co/LZAIunBd
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Not everyone copies Apple: http://t.co/0gAyXtGN
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh It would be nice if shorteners could play ball with each other and not shorten something that's already short.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh URL shortening is getting out of control. I regularly see links redirected 3-4 times through shorteners before I get to the source.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Math is liberal conspiracy: http://t.co/a6LaDwG1 [Watch O'Reilly embarrass himself]
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
rjs Fans of the "Electric Kool-Aid Acid Test" will love this new documentary about the Merry Pranksters: http://t.co/QpmSofrV (on Netflix now)
by Ryan Singer, Blogger, 37 Signals (Rank #50)
rjs Every experience is a lesson if you allow it to teach you.
by Ryan Singer, Blogger, 37 Signals (Rank #50)
dhh Some people have a problem distinguishing a) a good company and b) a good investment. At asking price, FB appears to be A but not B.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Even that's probably too much given FBs short history of profitable and the proven history of boom/bust in social networks (i.e. MySpace).
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh If you're an Intelligent Investor in the Benjamin Graham sense of the term, you'd want a healthy margin of safety. Be a buyer at $15-20B?
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh If it wasn't clear from the analysis in prior tweets, I think you're brimming with irrational exuberance if you buy $FB @ $100B valuation.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Of course, if they were to be valued at the bubble math still afflicting $AMZN, you could well argue for $100B valuation :) Just 100 P/E.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh That is a mighty fine business indeed! But hardly worth 33 billion dollars, let alone 100. Still, kudos to Facebook for having real profits!
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh So from pure naive extrapolation, they should have $5.6B in revenue and $1.26B in profits (at same-rate-of-decline profit margin of 22.5%).
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Active user growth down from 68% in 09-10 to 39% in 10-11. Same decline gives 22% in 10-11. But probably too high. Would give 1.03B users.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
dhh Profitability per active monthly user up 50% 09-10, 35% from 10-11. Same rate of decline gives 24% for '12.
by David Heinemeier Hansson, Partner, 37 Signals (Rank #50)
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