Apple
Apple has set a record today with the biggest market cap in history. 710.74B. Over 700 hundred billion dollars. Daniel Ek, they are coming for you.
Category: Finance
The Lunacy of Valuations
To give you more insight into IPOs, the lunacy of valuations, and the insanity. Shake Shack IPOed today and is trading at an eye-popping price-to-earnings ratio of about 325, with each restaurant valued at about $27 million. 1.6 b market cap. Insanity. Hence why a Spotify IPO would have zero problem with a 10 –…
Spotify Strategic Global Partnership with Sony Network Entertainment International
Doug Morris clearly learned by not asking Jobs for equity: Spotify Strategic Global Partnership with Sony Network Entertainment International Spotify has announced a strategic global partnership with Sony Network Entertainment International, to deliver a best-in-class digital music experience with PlayStation. Through this partnership Spotify will launch within PlayStation Music in 41 markets to more than…
Spotify IPO Launches by Spring
My guess would be the Spotify IPO launches by spring. You can feel the ramp up and the powers that be are far too smart for to wait for the current tech bubble to burst. Those of you affiliated with major labels should start to see the propaganda, requests for “playlists” etc., start to heat…
Tech Rules The World
God has a sense of humor and a keen eye for turning the tables. Remember those smart, nerdy kids you made fun of in school? The ones you wouldn’t let hang out with you, you’d pull pranks on, abuse. The ones you would never, ever think, of dating. Yeah, those kids. Well, tech rules…
Size of The Game
So you know the size of the game. Pandora Market cap: 3.53 billion dollars Income: minus 31.60 million dollars Sales: 789.80 million dollars Google Market cap: 336.59 billion dollars Sales: 67.91 billion
Watch This Bouncing Ball
Open up the checkbook, pay whatever you need to crank a song. Promotion is billed back to the artist. The song becomes a hit, let’s say sells 1-2 mm. 750 – 1.5 million in revenue. Artist is more than likely unrecouped anyway. So just mechanicals have to be doled out. Then, because the song…
Jack Ponti, "Grow some balls, take a stand, it's your future."
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