Wednesday, August 06, 2008

"Genius is fostered by industry." Cicero

"My greatest strength as a consultant is to be ignorant and ask a few questions." Peter F. Drucker

"The more people believe something, the more apt it is to be wrong. The person who's right often has to stand alone." Kierkegaard

Today's image: Leave Nothing but Footprints by SheldonBranford. Awesome. Thank you for sharing.

Sweet: As first tipped yesterday, Bob Pittman & his Pilot Group Ventures score a solid, well deserved win. Back in 2003 Bob made a $3 mil investment in the ad-supported email newsletter DailyCandy. Credit founder Dany Levy [Related: How I Did It via] with the idea of sharing pop trends of the moment in a rich media, geo-centric push email format. Credit Bob for knowing a winner when he saw it. When Bob made his investment Dany enjoyed a bit over 200k subs, that would set the purchase price per sub at about $15. Yesterday Comcast acquired DailyCandy for $125 mil. Word is DC is running about 2.5 mil subs, should that be the case Comcast paid about $50 per sub. DC is said to be billing $25 mil in ad revenues and producing about $10 mil in EBITDA (40%). Congrats to Bob and to Comcast EVP Sam Schwartz. The one to watch now is Dany, she's just getting started.

Bonus: Google Insights for Search