Twilio IPO soars.....party like its 1999

Twilio just opened at $23.99.....from its IPO price of $15.00


Twilio soars as stock opens at $23.99 for trading
- http://www.cnbc.com/2016/06/23/twilio-ipo.html
Twilio began trading Thursday on the NYSE under the ticker symbol TWLO, entering the market on a day filled with uncertainty as the world awaits the outcome of the UK's referendum on its EU membership.The stock opened 60 percent higher, at $23.99, before extending gains to $24.71, up about 65 percent.
The cloud software developer's initial public offering marks the first U.S. venture-backed tech IPO of 2016. Twilio priced its IPO at $15 per share, above the range of $12 to $14 that the cloud software developer proposed in an updated IPO prospectus last week.




Time to party like its 1999......
https://www.youtube.com/watch?v=wf-kbpm4aa0

Guvera IPO blocked....opportunity in disguise?

http://www.smh.com.au/business/markets/asx-blocks-ipo-of-music-streaming-company-guvera-20160617-gpm27v.html?rand=4963696#comments

Whilst I have publicly rubbished the Guvera listing previously, very disappointed that the ASX has chosen to block this listing when there are other far dodgier listings passed.

This said.....I agree with calls that the ASX should setup a "nasdaq" for Australian tech startups (possibly with some maximum dollar amount raise limits and shareholder number limits"), there is demand for yield exposure with investors happily looking for higher risk (the biggest crooks out there at the moment are the governments with their artificially low interest rates on investments.......want to start banning investments....start with USA T-Bills).

Will the ASX use this as an opportunity to evolve....probably not.

Will someone in Australia set up a competing exchange with the associated fees and government approvals required.....I can only hope and fully expect they would drink the ASX's milkshake before they even realize the missed opportunity.

Linkedin ....what a waste

To give you an idea of how big a waste this Linkedin deal is.....everyone at Microsoft could have taken the entire year off...sat on the beach and sold nothing for 365 days.....and come back to work today if they didnt waste $26B on LinkedIn.

Should have been returned to shareholders as dividends, as a shareholder very disappointed in Microsoft.

- http://www.marketwatch.com/investing/stock/msft/financials/cash-flow

State of the current Voice UI providers

Worth a read "Voice report around echo/siri/ok google"

- http://www.recode.net/2016/6/7/11868200/the-voice-first-user-interface-has-gone-mainstream

Keep in mind we are in V0.4 of this UI and people will find a use, eg i paid for the Asterisk+Weather script to be developed in 2005 because i got sick of my wife asking me to look up the weather because i "was online" eg working from home when she was getting ready in the morning - http://lists.digium.com/pipermail/asterisk-users/2005-February/083313.html

Though its scary how many people use Echo "to set a timer in the kitchen".....$100 of technology = 15c egg timer with sand in an hourglass.

Excellent use of eye tracking for the trailer of Outcast

http://www.engadget.com/2016/06/06/outcast-interactive-trailer/?ncid=txtlnkusaolp00000589


The trailer requires use of headphones and a webcam. With your permission, it uses your webcam to detect whether your eyes are closed or open. With your eyes closed, you hear narration, creepy noises and the like; with your eyes open, you'll see flashes of visions mostly pulled from the regular trailer and first episode. It essentially forces you to keep your eyes closed in order to progress....




excellent :)

Flow Hive

Curious to see how FlowHive go longer term but great to see an aussie invention out their bringing home big bucks to Australia from home grown ingenuity.

https://www.facebook.com/flowhive/posts/952694448162120