Bloomberg West Apr 10 – Apple Watch Pre-order Begin


(via )

Bloomberg West Top Stories:

(1) GE Exiting most of the finance sells $26.5B worth of real estate
(2) Blackstone buying Excel Trust in real estate expansion
(3) Hillary Clinton to launch campaign on Sunday
(4) Congress seeks oversight of any Iran nuclear deal
(5) Nokia may sell maps business

Bloomberg West The Lead:

Apple Watch pre-orders begin. Apple’s first entirely new product since iPad. Apple Watch on pre-sale display around the world. There are lines of different locations including Australia and Japan. Apple even encouraging people to make appointments for those tryout.

This approach of selling, the line in front of apple store is purely a PR gimmick but the press including us show up every time they release new product to use those lines to make us look like that the products are popular and they can’t manage the demand.

How are they using price to convey image?

Arif Mohammed: Apple is merging the technology with fashion, what apple understand there is wide variety spectrum of tast, and this is how they gone from this pricing strategy rank from $349 to $17,000 dollars, which I actually thinking this is a mistake because first, apple will come of next better version. The big question is spending 1000 dollars which is disposable, so when one year the fashion look a little bit outdated and the technology will be inferior. Secondly, we upgraped of iPhone all the time, that’s subsidized by carriers, and you won’t have the subsidy right now. The question is try and buy now or wait for a year? And that’s the big challenge facing with this pricing strategy.

Bloomberg West Apr 7 – What has Andrew Mason Learned Since Leaving Groupon?


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We launched (Detour) actually about two months ago in the App Store. When we talked to that it was closed to beta we were doing. We’ve got 9 Detour launched just in the San Francisco and Bay area. Each one last about 45 minutes and it takes you through a different park of the city and hope it see it through somebody else’s eye. This is a very high quality walk where a tour guide is telling you where to go. Your phone is in your pocket the whole time.

We try to find somebody who were not just traditionally tour guide but people who are real members of the community, for example, we found a fishman and it takes you beind the tour and show you what life is really.

We did one incorporation with radio lab down in Austin for SXSW but other than that we are just in San Fancisco.

(The favorite tour) they are all different. There is one we did recently that I think is really interesting that’s actually about trash. And it takes your down to the bayfill area of San Fancisco. There are a lot of trash processing happened. And he talks about the city’s goal be landfill neutral by the end of the decade. But it’s not what you typically think about when you go on a tour but it’s an amazing experience when you really learn a lot and you really entertain. It’s an example of the type of way trying to push the media.

(how big is the market) I’ve never thought of the thing in that way, if someobody ask how big is the market was for Groupon at the very begining, I don’t think they will predict that we will have a 5 billion dollar company today. I just think about this is somebody people want, is that somebody that I want and this is the idea that I had whenever I would travel even back before Groupon and feeling that it’s better way then being in a tour group, a batch of people that you don’t really know, trap in this three hours experience. There has been a better way to learn about this places that allow people to explore and technology is finally reaching the tipping point where you can put the phone in your pocket provide this kind of experience.

Bloomberg West Apr 6 & Tesla delivers 10,030 vehicles in Q1


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Bloomberg West Apr 6 Top Stories:
(1) Dudley: Rate hikes likely shallow
(2) Service Industries nearly match February growth in March
(3) President Obama says US will still protect Israel under new Iran deal
(4) Iran says Ayatollah was aware of Iran deal contents
(5) Greece looks fo allies as payment loom
(6) “Furious 7” has record debut, imax benefits, biggest weekend opening ever for April film

The Lead:
Tesla delivers 10,030 vehicles in Q1, which exceded CEO Elon Musk initial forecast by 530 unit. The anouncement help to boost the stock price. Analysts raising stock target to tell us about Tesla’s business.

Bloomberg West Apr 1 & GoDaddy Debut in the New York Stock Exchange


Here is Bloomberg West top headline: (Apr1)

(1) NJ SEnator Menendez indicted on corruption charges
(2) Arkanasas Gov. won’t sign “Religious Freedom Bill”
(3) McDonald’s boosting pay at company-owned restaurants
(4) Morgan Stanley CEO James Gorman gets 25% comp boost in 2014
(5) Dish’s Sling TV adding HBO Now, HBO now is still to be available in Appl TV on April 12
(6) Drought prompts 1st mandatory water restrictions in California

The Lead headline: (Apr1)

(1) GoDaddy’s Market Debut in the New York Stock Exchange
GoDaddy CEO Blake Irving spoke to Bloomberg in the floor stock exchange about that cash flow. GoDaddy raises $460M in share sale.

Irving: The reason we pay so much attention to cash flow and run the business on cash is because on the gap recognition basis, you pay for everything upfront and you actually recognize revenue rapidly over the year so you creating a gap unintented between the way you bring cash and the way we reported, so we run on the cash flow basis. Frankly investor understand a SAAS basis business and cash flow management, our conversion in cash and even the cash is very strong and even with that gap differences in income.

Ruhle: Can you help us to understand GoDaddy is a brand company, so many people know who you are but they don’t understand what you do? When I look at your branding strategy and the advertisement that you put out, they seem totally disconnected from the company, so can you help us to understand it?

Irving: I won’t say that if you went back a decade. The first ad that GoDaddy ran are founder Bob the billiant marketer, actually it ran out and get a lot of attention for domain name and very few people know what a domain name was. So Bob had a method of getting people’s attention, it was more than a shock, an approach to creating an attention and awareness and brand awareness absolutely searched, the business search, Bob grew that business to a billion dollar and revenue and that attention. Now folks as you said know the GoDaddy name, we have 81% brand recognition today. And over the last two years, we took a very very big turn in our advertising strategy, how we portrait both our company and our customers. The last two years we have very different advertising, we had shown small businesses in their environment, fighting the good fight, trying to make sure that they can run by themselves. And that’s what GoDaddy does. We help their company take their ideas online and run their business as digital entity.




曲婉婷 Wanting – Drenched

I am coming back to my blog finally. This is the songs that I like most recently, sweet melody and lyrics. I love Wanting’s performance in the MV, she is so talented and gorgeous when she plays piano.

When minutes become hours
When days become years
And I dont know where you are
Color seems so dull without you

Have we lost our minds?
What have we done?
But it all doesnt seem to matter anymore

When you kissed me on that street, I kissed you back
You held me in your arms, I held you in mine
You picked me up to lay me down
When I look into your eyes
I can hear you cry for a little bit more of you and I
Im drenched in your love
Im no longer able to hold it back

Is it too late to ask for love?
Is it wrong to feel right?
When the world is winding down
Thoughts of you linger around

Have we lost our minds?
What have we done?
But it all doesnt seem to matter anymore

When you kissed me on that street, I kissed you back
You held me in your arms, I held you in mine
You picked me up to lay me down
When I look into your eyes
I can hear you cry for a little bit more of you and I
Im drenched in your love
Im no longer able to hold it back

Yahoo’s Q3 Earnings Beat Estimates (from Bloomberg)


(via Bloomberg video : )

Jon Erlichman : Well before we get to earning, will highlight Yahoo! just said that the maximum number of shares in Alibaba we talk so much about it valuable stake in Alibaba that will end up selling as part of the IPO has been reduced. Basically this is a way of them saying, technically, we can be selling a really big chunk of our stake, were technically now gonna able to sell a slightly smaller amount of that stake, almost suggest we are gonna still be long term investors in the business. Alibaba sort of sending that message as well, so that part of the news just crossed. As for the earning, they beat Wall Street estimates 34 cents per share, 33 cents estimate. The revenue basically in line with what Wall Street looking for around 1.08 billion dollars, we say all the time with Yahoo! that the revenue story doesn’t change, generally speaking, the quarterly revenue and that billion dollars range is a lot of money, but the challenge for Marissa Mayer the CEO has to find new ad dollars to better compete with the light of Facebook and Google, couple of trend highlight, the display revenue business, looks like it has been struggling, the year to year revenue, down to a hundred twenty one million dollars, the other part of the revenue is search four hundred and twenty six million from revenue which looks like an improvement, may give us couple of metrics, display ad business, they say the number of ad, they saw in total up from last year, the fight for ad however, a little bit lower, so I think they get a trend you know, it’s challenging to convince advertisers on display ad right now, there’s a lot of competition and headline story probably not a different on from Yahoo!, but the more important story, they are unlikely to sell as many shares as in Alibaba’s IPO. We keep watching

Expedia Shifting Focus to Mobile Bookings (from Bloomberg)


(via Bloomberg video :

Dara Khosrowshahi : We are thinking about how we develop the Google glass, I think Google glass for us is gonna be more a platform for notification, I think we are continue to using a glass for example to book a trip, but if they had booked the trip for example on the Expedia mobile app, you are gonna get the notices that’s on what gate your flight is, leaving from, whether is it there is a delay or not, we build the technology, so that those same notifications can easily go to a Google glass or someone’s watches etc. so now with the proliferation of devices coming out there, you have to build your technology with very flexible architecture, so that this kind of notices can be send to basically any devices, anyone can imagine out there, you build that architecture, so now is about coding that specific hardware spec, so we like where we are at, I do see we are having a Google glass app, and pretty soon earlier or later.

Jon Erlichman : Interesting, what about the competitive environment right now. Wallstreet is paying attention to a new analytical report from Deschutes Bank, in which it said there is much more tense competition in the US market and it make it concern about your business. How would you describe your competitive market right now on how Expedia fit in to that ?

Dara Khosrowshahi : Well it’s a very competitive market, but it’s a very competitive market because it’s an anonymous market, travel is over trillion dollars global market place out there, there are a number of players out there, I say right now the advantage with all on players, and there is plenty room for one winner there, but company like ourselves over a long period of time, we are gonna gain shares, we have investigate shares, we gonna have great product to gain that kind of share. but we think the long term trend are very very good. And within the overall leisure trend, first part of travel become online, but we see great potential with corporate travel coming online, and we are specially excited about an acquisition, corporate travel tool. A tone of money by driving more user online, consumer business don’t need all an agent, but at the same time, they can get high class services for the really complex travel as well, so we like both of those transformation for long term prospective.

Jon Erlichman : When new technology allow for new ideas or concepts to build and grow. Sometimes, there can be issue, regulatory issue. AirBnB has been a battle in New York, I love to give your take on the AirBnB business.

Dara Khosrowshahi : We think this is a great business, it’s a new way for consumer to bring on new inventory for consumer to use and I think clearly like that new inventory, it’s a fairly small segment consumer out there, but I use the AirBnB to book a Paris vacation for my mum, she’s staying at Paris for a couple week, so it’s a great product to think over a long period of time, the Loft are going to catch up with AirBnB etc. So that’s what I mean, when I say it’s a big market, it’s a trillion market place, you are gonna a lot of companies to succeed, the company like ours, the company like AirBnB, there is one company wasn’t competitor Trirago that we bought, about technology. So we have to be prepare for new entrance and we absolutely think that these new entrance is gonna to grow, gonna grow very big.

Jon Erlichman : So can you give me a sense on that note, How much money did you set aside for potential quickly quickly growing companies that you might be interested in buying?

Dara Khosrowshahi : Well, the most recent example for us Trirago, which is a hotel match software, which we spend over 600 million dollars for majority acquisition of that company, we still partner with the founder, our company is very cash generative, last we have most billion dollars cash flow, so this give us the flexibility to invest both the growing business organically, we also bought back shares, but also acquiring necessarily, so I think all three of those is gonann to play a part for long term growth agenda of the company