Make Your First Sale?

For those that have started their own business I present this GoDaddy video. Sales, or raising money, from family is one thing. But once you either obtain outside investment or get your first non-family sale is how you may feel. This video is hilarious. It started off slow but when the entire red head family joins in, excellent!

Get a godaddy deal here:

Zillow to Buy Trulia for $3.5 Billion in Stock

Zillow was founded in 2005 and is public on the Nasdaq under the symbol Z. Trulia was founded in 2005 and is public on the NYSE under the symbol TRLA. Zillow announced today, 7/28/14, that they would purchase Trulia for $3.5 billion in stock, although the deal is not going to close until sometime in 2015. Zillow’s CEO will run the combined company and both brands are going to remain after the acquisition.

About Zillow in Their Own Words:
zillow-250 “Our mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages.” “….It starts with our living database of more than 110 million U.S. homes – including homes for sale, homes for rent and homes not currently on the market.” Zillow about page.

About Trulia in Their Own Words:
trulia-250 “…giving consumers the information they need, helping professionals build their businesses, and creating additional value in adjacent markets.” “..Trulia offers 15 mobile apps across multiple platforms, including dedicated apps for renters, mortgage seekers, and agents. Trulia attracts more than 51 million unique house hunters every month, and during peak periods on the weekends, the majority of the traffic is now coming via mobile devices.” Trulia about page.

NY Times

Losing over $400 Million by Deploying Buggy Code

This story was sent to me by Chris. It is an article written by Doug Seven entitled Knightmare: A DevOps Cautionary Tale.

It is a well written explanation of how a company, Knight Capital Group which is now Knight Capital Holdings (NYSE:KCG), lost over $400 million in 45 minutes. The loss was due to an update in their software and a glitch that did indeed lose them over $400 million. If you need a good story to bolster your desire for proper testing and deployment, read it here on Doug’s site.

The loss of over $400 million is validated by the New York Times and others.

Facebook Buys Oculus VR – Deal Points Here

In 2012 Facebook bought Instagram for $1 Billion. Earlier this year, in February, Facebook paid $19 Billion for WhatsApp, now they just bought another company – Oculus VR. Oculus announced it on their blog “Oculus Joins Facebook“.

Facebook paid $2 Billion for Oculus VR
oculus-vrAccording to Forbes it breaks down as follows:

  • $400 million in cash
  • 23.1 million shares of Facebook stock
  • additional $300 million potential earn-out in cash and stock based on “the achievement of certain milestones.”

So they have $400 million in cash and they obtained a substantial amount of Facebook stock. Giving away stock can be a great way to acquire companies in the short term. In the long term there is a balance between what they believe the stock will be worth and what percentage of the future appreciation will be due to the company they acquired. Bottom line is that they only gave up $400 Million in cash for a $2 Billion purchase. Not a bad deal for Facebook, and I would assume a great deal for Oculus VR.

Zuckerberg’s Vision
An excellent Zuckerberg quote – “Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,”. Oculus stated in their press release:

“This partnership is one of the most important moments for virtual reality: it gives us the best shot at truly changing the world. It opens doors to new opportunities and partnerships, reduces risk on the manufacturing and work capital side, allows us to publish more made-for-VR content, and lets us focus on what we do best: solving hard engineering challenges and delivering the future of VR.”

Blu Kicks are Comfortable and they Support Threatened Habitats

I am always looking for something new, different, and when it comes to clothes – comfortable. I have a pair of extremely comfortable slip on shoes from blukicks. Much like Toms, blukicks has a donation program. They donate $1 for every pair of shoes they sell. The brand is inspired by their love of the environment and it shows in the shoe designs.

Donations to Help Threatened Habitats

There are currently three organizations they support. The Bonefish and Tarpon Trust, WildAid, and For the Fishes. Not only do they donate for every pair of shoes sold, but they often have additional deals to donate even more through one of the organizations they work with. Blukicks is focused on shoes for seas, helping to do their part along with their customers to assist with preserving the seas and the fish within them.

help threatened habitats

The Bonefish and Tarpon Trust helps to conserve three types of fish: Bonefish, Tarpon and Permit. Each is unique in it’s own way. The BTT takes an approach of research and education, to work with fisherman and preserve these amazing species of fish. WildAid works to try to reduce the demand of the illegal wildlife trade, particularly with regard to sharks. For the Fishes works with Hawaii’s coral reef fish.

Not a Generic Cause But a Specific One

It is too easy these days for a company to say we donate to a large organization and therefore buy our products. Blukicks is different, they have focused on their passion – fish and the seas. They work with, visit, and support these organizations because they have a shared passion. The love for various species of fish in the seas can be shown even in their shoe design.

blue-slip-on-shoeAs I mentioned at the beginning of this article, I have a pair of their Belize Blue shoes. These are inspired by the Whale Shark and look at this image of the shark as it swims through the sole. The spotted markings are visible on the sole, but also on the back of the shoe which resembles the Whale Shark as well. It is the attention to detail that shows their true passion for the fish.

The Sole of Each Shoe is Unique

Each shoe has a unique sole. Take a look at all their choices. The attention to detail is impressive and not something you find in shoe brands these days. Shop mens and womens shoes here.

blukicks soles

Disclaimer: through POA we work with blu kicks, and also note that I wear a pair of Belize Blue shoes regularly.