Tuesday, April 17, 2012

If Yandex is inflated, it is someone who needs


With interest in watching the stock price Yandex: ranges from 31 to 35 bucks apiece, changing the capitalization of the company within one week on / - billion. Watch this interesting fact that Yandex profits last year amounted to only 143 million. bucks, which is less than one and a half per cent of the ' value ' of the company - its current capitalization after the IPO. T. e. to pay the investment company will be able 90 years so if you keep the current pace of development, and even if it doubled every year, it still may take several decades to capitalization and profits are not so strongly differed.

However, the Yandex case is not so bad. It shows a profit of at least. Most major Internet companies reveals only the net loss. The same grupon even in the distant future will not be able to show a profit, which he was expected investors whose money the owners of the company at this time to shove his pockets.

According to the experts - not our home-grown, and much more cautious Western, all of which came out last year or are planning an IPO overvalued at times. Moreover, the optimism of investors is devoid of any sort of material, or at least logical explanation other than ' time to buy, while others are not left behind '. In fact, it speaks of the excess funds from potential investors and a lack of projects in which we could invest the money. In fact, after the dotcom boom and crash of the focus of investors is now concentrated on projects that show ' pull '.

The notorious ' pull ' in the meantime becomes a craving is not so much customer service as investors pull. The better you prezentuesh its service, the more money is poured into it. It happens that the rate of investment of money and thereby increase the capitalization of several times the service ahead of growth itself. Another customer, and not, as the money goes and goes, creating the illusion of growth of service. As a result, for the projects is becoming increasingly important to show not so much traction yet, how much traction investors: if Petrov had invested, and Ford has invested, that Ivanov is thoughtful, but not if he is late to the table.

Internet is already 10% of global GDP. And the fact that before the game was perceived as a channel or exchange of information, has become a big part of the world of business, self-sufficient enough to attract attention. However, the Internet today is virtually the only region in business, which is largely unregulated. Moreover, the sluggish Sarkozy attempted to raise this issue at a meeting of eight of the ten immediately spoktnulsya statements of leaders of world Internet companies, the general gist of which is to ' let's leave it like it is '.

Of course, local attempts to control Internet companies have. Google is controlled by the United States and China is forced to put up with the policies of local authorities. Yandex holds a golden share in the mortgage from the Savings Bank, and thus being under the hood of power structures in Russia. Turkey, Iran, UAE strictly controlled access to the Internet through a filter at the level of global communication channels. But all this detail, and if desired can easily cost.

So what awaits us is not a battle between world government and Internet companies. And while the last gathering forces for the next leap. And, perhaps, someone who invests in Internet companies, is investing less in their own future well-being ( this is highly doubtful ), how many votes for the cosmopolitan future. That did not work for multinational corporations, oddly enough, may withdraw from the dot-com. After all satellites in Russia is quite unequivocal criticism of the authorities by Yandex. So, to reckon.

And the acquisition of potentially losing forever Skype by Microsoft is against this background is very logical. By the way, they say that Apple is eyeing one of payment systems - Visa or Mastercard. The control is shifted from the national to the international and the hell knows, it is better or not. I'm pretty hard to worry about times when Skype is not working or poorly functioning gmayl. Off with the usual channel deliberately - so it is possible and the revolution in one country to arrange. or cancel.

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