The latest from TechCrunch
- Crush Notifier, From The Makers Of Breakup Notifier, Finds Mutual Crushes
- Facebook Valuation Back At A Cool $70 Billion On SecondMarket
- Bloomberg Launching Daily Live Tech TV Show Called Bloomberg West On Monday
- BMW Teams Up With, Invests $5 Million In MyCityWay
| Crush Notifier, From The Makers Of Breakup Notifier, Finds Mutual Crushes | Top |
| Breakup Notifier creator Dan Loewenherz should just give up on Crate (his actual job) and just make a whole network of these types of things. After having his wildly popular app Breakup Notifier blocked by Facebook, Loewenherz has dusted himself off and is back in the game, trying to “turn a negative to a positive” with Crush Notifier. From his blog : “So what does the popularity of Breakup Notifier tell us? I believe it's that human beings, above all else, value relationships. I never knew how many people would end up using Breakup Notifier. Soon after it a traffic peak, Facebook cut off our API access, and "permanently disabled" our application. This was a huge bummer for me. It was 4:30am for me, so I couldn't really do anything about it until I woke up a few hours later. Since that time, Facebook has only responded twice to us; even now, we still don't know why we were banned. Since we don't know the reason we were disabled, that means we don't know what we should do differently, and for that reason we can't turn back on Breakup Notifier. In light of the above, I wanted to release something new today that would be 100% positive. Something that helps create relationships.” Unlike Breakup Notifier, which sent you an email if selected friends had changed their relationship status, Crush Notifier (on a more positive note) allows you to choose people that you are crushing on (you can buy “Crushes” with Facebook Credits) and sends them the below anonymous notification email, replete with a cute love-related quote. If the feeling is mutual (i.e. if the person you’ve selected also selects you) you get a similar email notifying you of your match. “I’m a fan of creating relationships more than I am ending them,” says Loewenherz. Let’s hope Facebook can keep its hands off this one. Update: Loewenherz tells me that interested TechCrunch readers can sign up for a special “15 Crushes for 10 Facebook Credits” deal after creating an account, here. CrunchBase Information Facebook Information provided by CrunchBase | |
| Facebook Valuation Back At A Cool $70 Billion On SecondMarket | Top |
| And we’re back again with our now weekly update on the insanity surrounding Facebook’s stock in the SecondMarket auctions. Last week , the stock saw the beginning of a rally back to $27 a share, good for a $67.5 billion valuation (based on roughly 2.5 billion shares outstanding). This week, the good times continued to roll. Facebook’s stock hit $28 a share, to push the valuation of the company back to a cool $70 billion or so. This is still slightly off the record high of $28.26 a share (a $70.65 billion valuation ) set in mid January, but it’s clear that Facebook’s stock is storming ahead once again, and quickly. This was the 11th auction SecondMarket has done on the stock. Do I hear $75 billion next week? Below, find the full email sent out of the folks buying this stuff up: To Facebook market participants: This week's SecondMarket auction successfully cleared 225,000 shares at a per share price of $28.00. Read more details in the attached auction results report. Next week's auction will require a minimum sale and minimum purchase of 10,000 shares. If you are bidding for fewer than 100,000 shares, you are required to open a brokerage account with SecondMarket. Please email XXXX@SecondMarket.com to receive a Brokerage Account Opening Form and return the completed form by Monday, February 28, 2011 at 5:00 PM EST. Please email your completed Seller or Buyer Information Forms to XXXX@SecondMarket.com by Wednesday, March 2 at noon EST. To verify receipt of your order, you must receive a confirmation email from XXXX@SecondMarket.com. If you do not receive a confirmation email, your order has not been received by SecondMarket and may be excluded from the auction. Responses are typically sent within one hour. Next Week's Auction Timeline: • Friday, February 25 at 7:00 PM EST – SecondMarket will begin accepting Seller Information Forms, Buyer Information Forms and Brokerage Account Opening Forms • Monday, February 28 at 5:00 PM EST – Brokerage Account Opening Form due, if bidding for fewer than 100,000 shares • Wednesday, March 2 at 12:00 PM EST – Seller and Buyer Information Forms due • Wednesday, March 2 at 5:00 PM EST – Participants informed of auction results • Wednesday, March 2 at 8:00 PM EST – Transaction documentation distributed to buyers and sellers • Thursday, March 3 at 5:00 PM EST – Wire of 100% of gross purchase price to escrow account due, if allocated fewer than 100,000 shares • Friday, March 4 at 4:00 PM EST – Completed transaction documentation due from buyers and sellers • Friday, March 4 at 7:00 PM EST – Notice sent to Facebook, Inc. By reading this email, the recipient acknowledges and agrees that all of the information contained herein is confidential and that the recipient will keep this information confidential. The recipient further agrees that it will not copy, reproduce, or distribute this email in whole or in part. Please contact us at XXXX@SecondMarket.com or XXX.XXX.XXXX if you have any questions. Please note that the information in this email does not constitute an offer to sell to, nor a solicitation of an offer to buy from, nor shall any securities be offered or sold to, any person in any jurisdiction in which such an offer, solicitation or sale would be unlawful. Regards, Terrence CrunchBase Information Facebook Information provided by CrunchBase | |
| Bloomberg Launching Daily Live Tech TV Show Called Bloomberg West On Monday | Top |
| Bloomberg is launching a new daily hourly television show called Bloomberg West next week, we hear. It’s on the air daily at 3 pm Pacific and then again at 8 pm. The show will focus on technology, innovation and business, says the promo clip that has been running regularly on Bloomberg. It’s being recorded from their new San Francisco offices. The show is hosted by Emily Chang , formerly with CNN in Bejing, and Cory Johnson , who was most recently a hedge fund manager and is a long time journalist. It’ll will be available to 250 million people worldwide who have Bloomberg TV . Bloomberg has significanly stepped up it’s technology news coverage in other ways too. Game Changers, a show that debuted in October 2010 , has profiled ten or so tech leaders, including Steve Jobs, Mark Zuckerberg, Larry Page, Sergey Brin and others. You can also watch Bloomberg TV streaming online, here . | |
| BMW Teams Up With, Invests $5 Million In MyCityWay | Top |
| Auto maker BMW recently established a New York-based venture capital firm dubbed BMW i Ventures that it seeded with $100 million to seek out partnerships that might facilitate BMW-i product adoption in urban markets. BMW-i is a BMW sub-brand solely focused on developing and producing sustainable mobility vehicles. Its first investment was made public this week: BMW pumped $5 million into MyCityWay , a user-driven, location-aware city guide. FirstMark Capital and IA Ventures , who participated in an earlier $1 million seed round, joined BMW. Useful for locals and visitors alike, MyCityWay is an interactive tool for urban exploration and discovery on your mobile device (iOS, Android, BlackBerry coming soon). The app brings together more than 50 local mobility apps in one interface to act as a one-stop, location-aware platform to discover, connect, experience and share. The app is available for more than 40 cities worldwide, including New York City, Shanghai, Tokyo, London and Paris. CrunchBase Information My City Way Information provided by CrunchBase | |
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