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codger		#1	[url]	[-]
Posts: 4155 05/12/08 15:35:22 Senior Member	"they only hire Americans!!" Now that is a real plus! How can anyone project $500 million two years in the future? Is this supported by a business plan? Is it projected revenue, or is it the company's anticipated net worth? Or? Is it a WAG? I would want to know a lot more than their cash position before I signed on. You say that they have cash enough for 4 years. What is included in that projection? I can't help it. I'm a financial guy at heart, and have little confidence in someone else's unsubstantiated numbers. As I said earlier, I couldn't hack the inflated egos for longer than 10 minutes, for any amount of payout. I value my self esteem and my sanity more than money. There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper, and the people who consider price only are this man's lawful prey. - John Ruskin (1809-1900) Last Edited By: codger 05/12/08 15:42:34. Edited 2 times.
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Poster Rabid	well here is what I know	#2	[url]	[-]
Posts: 96 05/12/08 19:55:38 Senior Member	OK you got me on the 2-year 500 Million one. I was probably optimistic, but they have to be worth 100 Mill right now based on the 5:1 venture capital ratio. With Microsoft in a buying mode, search is getting more valuable. I assume that they will build value and sell before they run out of money. The VC's will see to that. If they didn't have a plan, I don't think Sequoia, Elon Musk, CBS & others would have invested (rather heavily). Investors like this can provide enough outside influence and partnering to make it happen. As we all know, it's the hype and perception that makes value. They started last year with enough venture money to last 5 years. They now have 50 employees with enough cash to last 4 more years. The goal was create the top 10,000 search result pages. They exceeded their goal and are now around 50,000 search result pages. It looks to me that the site is attractive to the yuppie "pop" crowd searching for news, video games, entertainment, "how to" stuff. No pages on "how to program a Vax" , but I did find this http://www.mahalo.com/Sheyla_Hershey More seriously, it is the simple organization of each search result page that I like, with a nice guide's summary at the top of each one. There is currently no significant revenue as far as I know, but the plan seems to be to build a brand and a following. They are still in Beta and going strong.
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Wanted - FT System Engineer at Mahalo in Santa Monica	05/11/08 18:27:19	Poster Rabid
Re: Wanted - FT System Engineer at Mahalo in Santa Monica	05/12/08 08:05:36	codger
Codger - I don't know Jason	05/12/08 09:51:35	Poster Rabid
Re: Wanted - FT System Engineer at Mahalo in Santa Monica	05/12/08 11:00:47	codger
I.E $19/hr and 90 hour weeks...	05/12/08 08:22:46	John Masterson
JM - I don't think this one is like that	05/12/08 11:03:49	Poster Rabid
Re: Wanted - FT System Engineer at Mahalo in Santa Monica	05/12/08 11:19:38	John Masterson
JM - I initially had the same impression as you	05/12/08 15:03:21	Poster Rabid
Re: Wanted - FT System Engineer at Mahalo in Santa Monica	05/12/08 15:35:22	codger
well here is what I know	05/12/08 19:55:38	Poster Rabid
"evaluates to 500 million in 2 years"	05/12/08 15:49:53	pxsant
Looks ok to me!	05/12/08 15:27:06	G0ddard B0lt