Recently Facebook reportedly turned down $200 million in funding at a generous valuation of $8 billion because of the stipulation that a board of directors seat come along with the deal. Mark Zuckerberg is serious about keeping control of the board which he currently holds three common stock seats, one for himself, one for Marc Andreessen (co-founder and chairman of Ning) and the last of which is currently empty.
The latest financial projections from Facebook show that the company estimates revenues of $550 million in 2009, nearly double their 2008 revenue of $280 million. While some consider these estimates to be a stretch, they most likely attributed to the $8 billion valuation in the recent offer (still a far cry from last round’s $15 billion valuation).
Source: TechCrunch
Real-time collaboration for Microsoft Office is the focus of
OneDrum, a tech startup based in the United Kingdom which launched a closed beta of its collaborative software this month. Founder and CEO Jasper Westaway claims that “collaboration as we know it is broken” and he aims to fix it. OneDrum allows collaborating teams to edit and share Microsoft Office documents securely in real-time. To enhance this core functionality OneDrum includes instant messaging features and also allows for MS Office documents to be treated as projects where task and questions can be assigned.
“Collaboration should be about working together to make things better,” says Westaway. “This is why we are inviting 1,000 early adopters to test OneDrum and help us to shape its development…”
Undoubtedly a creative publicity stunt, late last week OneDrum announced the launch of their political party which will campaign for legislation in the UK to increase collaboration in society and allow office workers a monthly work-at-home day. You can view this
petition on the Number10.gov.uk website.
