Friday, December 7, 2007

Rokas


Final Expo Presentation


From: rokas, 1 day ago





Facebook Class - Final Expo Presentation


SlideShare Link

Sunday, November 25, 2007

Viral Marketing on Youtube

This is great a article about viral marketing techniques, that can specifically be applied to Youtube. It was posted by my colleague at Stanford, Dan. The article was criticized heavily, but I found it to be extremely interesting. Plus I did not find anything wrong in the tactics that were described.

Thursday, November 15, 2007

GetJar attracts $6 million from Accel Partners

GetJar is a Lithuanian company which attracted $6 million in financing from top tier Silicon Valley venture capital firm Accel Partners. I am truly impressed! Congratulation guys.

GetJar is the world's most popular mobile application distribution and developer community, with 8 million downloads per month and growing. It has passed 100 million total downloads recently. The users come from more than 135 countries in the world. GetJar also has more than 50,000 registered beta testers for mobile applications. The company was founded by Ilja Laurs, Economics major graduate of Vilnius University in 2001.

Once again - good job guys!

Thursday, October 11, 2007

Stanford Career Fair

This week Stanford hosted its annual largest career fair. So many companies. All the top ones: from McKinsey to BCG, from Goldman to JP Morgan, from Google to Yahoo, from small startups to Boeing, from US Marines to Lockheed Martin. The head is just spinning around...

Monday, October 1, 2007

It's Facebook Time

This quarter at Stanford I am taking this cool class called "Developing Applications for Facebook". When I first found out about it, I was amazed. Stanford is the first university in the world to offer class of this kind. It is offered in the Conputer Science department, but is not super technical course -> it is aimed for all: graduates, undergraduates, technical non-technical. Over the course students in a teams of 3 will have to develop 2 Facebook applications. When we have our own, I will let you guys know :) I would be happy if you used it.

Youtube was last year's hot unbelievable deal. My friend asked me "what's next". I replied "people say that there is something like Facebook, they denied 1B deal from Yahoo." At the time I did not believe that Facebook was hot. I had used it for about a week or so. I did not see anything cool there.

You probably heard that couple of weeks ago Microsoft was in talks of acquiring 5% of Facebook for $500 M, which gives Facebook $10B total valuation. Financial analysts would say "that is crazy, Facebook has revenues only of $150M, and profit of $30M. given that P/E is over 300. That is bubble." I think many of people in my Stanford class would say that $10B is too little. They are not finance geeks, but they definitely know what is cool.

One of our instructors wrote the article (I recommend to read), where he explains how Facebook is a new Microsoft, a new Google, etc. Microsoft releasing visual basic enabled thousands of "Everyman Joe's" to write programs for Windows. Before that only truly truly geeks were able to write programs. That was revolution. Facebook has done similar thing on the Internet. As a result they will surpass Google and Microsoft. Do you believe that? Vote on the right :) My test is the following: if by the end of this quarter I (person who never took university level CS class) learn how to develop Facebook apps, I will be more likely to believe in those predictions...

Tuesday, September 18, 2007

Which design is the best?

Hey guys. We are starting a new project - smart voting system over the internet. Make test on-line and see which politician gets closest to your opinion. We have design for our web-page and need your opinion which one is the best. Make your vote on the left top corner. We appreciate your help. Once we launch the project we'll get back to you. It should be cool!

Option A


















Option B





















Option C




















Any other comments?

Thursday, August 30, 2007

National Business Plan Competition

Today was the closing event of the national business plan competition in Lithuania. The winners were announced. I was happilly surprised by the quality of business ideas. As a member of the evaluation committee I had a chance to review and evaluate a handful of the plans.

The competition lasted for about half a year and had several stages - business idea, marketing plan, financials. After the first round of judging I wasn't too impressed. The ideas that scored most were "bicycle renting", "racing carts", etc. - nothing compared to hot silicon valley start-ups.

However, the ideas that finally won were pretty good. The third place was technology that mixes concrete and marble (construction business). The second place was the idea to develop learning games for kids. The first place was some cool application for mobile phones, which should rock the world :) There was a prize for the most innovative idea, and that became a computer mouse with some fancy-innovative design.

One of the teams was chosen to go to US to present their idea at Harvard business plan competition. The team was the one with games for kids (don't ask me why not the first place).

All the best to teams at implementing their ideas!