Ad Magnet: Largest Indian Ad Network

Ad Magnet has become the largest Indian Media property online reaching 18.5 Million Unique Visitors in India (basis comScore April 2010 data release). This means Ad Magnet’s publisher network reaches almost HALF of all Indian web users. If we include global properties, Ad Magnet is the 4th largest behind only Google, Yahoo & Tribal Fusion, all US based. Google was founded 13 years ago, Yahoo started even earlier, almost 15 years ago and Tribal Fusion is 9 years old. Ad Magnet in comparison was started just 2 YEARS ago! A phenomenal achievement. Ad Magnet is  funded by Sequoia Capital which has also been an early investor in Google, Yahoo, YouTube, Apple and Cisco amongst many path breaking  Silicon Valley companies.

comscore April 2010 report

Ad Magnet has also now been featured amongst India’s hottest startups in Business Today magazine (India’s premier business magazine published by the India Today Group).

Ad Magnet is featured as one of the hottest startups according to Business Today.

Disclosure:  I work in Ad Magnet.

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iPhone 4 launch by Steve Jobs

Update  June 2010:

Check out the iOS 4 Launch here:  WWDC 2010 Keynote by Steve Jobs

Highlights:

1. WWDC 2010 stats – 5200 attendees from 57 countries. Seats sold out in 8 days.

2. Apple has over 2m iPads (one every three seconds).

3. There are now 8.5k native iPad apps in the App Store, downloaded 35 million times (17 apps per iPad).

4. First 2 months,  users have downloaded over 5 Million books from iBooks app (2.5 books per iPad). And for five of the six biggest publishers in the US, share of iBooks is up to about 22%.

5.  eBAY APP stats: 10m downloads, $600 Million  sales  volume in year 1. Grew to $1.5 Billion in 2010.

6. The iTunes App store has crossed 5 BILLION DOWNLOADS.  At 70% revenue share with Apple, over $1 Billion cash has paid to App Developers.

7. Nielson market research for US:  RIM is #1 with 35%. iPhone is #2 with 28%, WinMo #3 with 19%, Android 9%.  iPhone is over 3x that of Android.  As for the US mobile browser usage — 58.2% is via iPhone. That’s almost 2.5x that of #2, Android.

8. iAds gets $60 Million commitment from 16 advertisers second half of 2010. iAds now has 48% of Mobile Display Advertising market share

9. New features of iOS4: FaceTime, Multitasking,  Retina Display, HD Video Recording & Editing, 5-megapixel camera with built-in LED flash, 3 Axis Gyroscope, iMovie app, Folders, iBooks enhancement, deeper mail and enterprise support and tons of new features. Read in detail here:  iPhone4 / iOS4 Features

10. BING added to iphone search.

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iAd demo (Posted 12 April 2010):

Steve Jobs & Apple have completely turned mobile advertising upside down with the launch of Apple iAds. These have more impact than TV, look and sound better than TV, have more interaction and engagement. Very intuitive & consumer friendly. This is what ADS should be like. Not stupid boring text links or 15 secs interruption.

They are also App Developer friendly (users don’t have to leave the App if they browse the ad).
Apple says they will sell the ads and share 60% revenue with App Developers.

Overnight, Apple has made Google/Admob obsolete in the mobile space. The fact that iPhone 4 also has the word “Google” removed and replaced by the word “search”, clearly means Apple/Jobs don’t even want Google in the Apple iUniverse. As Jobs said, iPhone users search for Apps not search the web (as they do in desktops). In the battle for Mobile space between Google vs Apple, the clear winner is Apple.

Watch the iAd Demo here:

Filed under: Media & Entertainment, admob, adobe, android vs iphone4, Apple, apple facebook, apple facetime, apple iapd, apple ipad, apple iphone, apple iphone 4, apple ipod touch, bing ios4, bing iphone4, face time iphone, facetime, flash, google, hd video iphone, html 5, html 5 ad demo, html 5 iad demo, iad, iad apple demo, iad demo, iad market share, iad vs android, iads, ibook sales, ibook stats, imac, iohone, iOS4, ios4 vs android, ipad, ipad market share, ipad sales, ipad vs android, iphone, iphone 4, iphone sales, iphone vs android, iphone4, ipod, ipod touch, itouch, mobiel ad market share, nike, nike iad, retina display, steve jobs, steve jobs demo, steve jobs iad, steve jobs iad demo, steve jobs iads, steve jobs iads demo, steve jobs iphone 4 demo, STEVE JOBS KEYNOTE, steve jobs keynote wwdc 2010, STEVE JOBS WWDC, target, toy story 3, toy story 3 app, toy story 3 iad, WWDC 2010, WWDC KEYNOTE

Intel starts initiative to connect a billion Indians!

Everyone knows that the best way to spur economic and social progress in a developing country like India is to connect citizens to information &  ideas, which in turn bring more  people access to  capital. And capital is key to avail any service. Once Internet connectivity crosses the threshold and becomes ultra mass, it  has the power to change life as we know it today.

In this regard it is indeed heartening to know that a tech powerhosue like Intel has launched The Connected Indian Movement which aims to be “the catalyst for delivering the power of the Internet into the hands of a billion Indians. “ Over the next few months Intel along with its key partners will “mobilize people, resources & infrastructure to facilitate Internet adoption. Overtime, this collaboration will help build partnerships between people, Industries and stakeholders via a complete and connected ecosystem to accelerate the growth of Internet and its benefits to the society.”

Intel has even launched an interactive application on Facebook called “Virtual Yatra”.  Below is a screen grab of the Facebook app. Do join the movement on Facebook at:

http://apps.facebook.com/virtualyatra/

Virtual Yatra on Facebook

Filed under: News, Business & Current Affairs, Travel, acer, air travel, airtel, atravel, billion indians, broadband, connected indians, connectedindians, connecting india, connecting villages, dell, facebook app, facebook travel app, google, hcl, indian, intel, intel connected indians, intel facebook app, internet connection, internet speed, internet speed test, internet tv, lenovo, nasscom, NIIT, reliance, tata, travel application, travel guru, travelguru, virtual yatra, wipro, yatra

AOL buys BEBO. Welcome to the Bubble 2.0

Time Warner seems to have done the SAME mistake TWICE.

First it wasted billions in buying AOL. And now Time Warner AOL has wasted hundreds of millions on Bebo…which is nothing but junk!

Bebo is so far behind Facebook, Myspace and even Orkut… that even a kindergarten kid would know that $850million is a ridiculous over evaluation of the site. AOL has paid 160 times EBITDA!!!!!

Will you pay $850 million for a company with reveneus of just $20million and EBITDA of just $5 million ???? Hell no!

I think its time for AOL shareholders to dump AOL shares before its too late.

Filed under: News, Business & Current Affairs, AOL, BEBO, bubble, facebook, google, Microsoft, myspace, orkut, social media, social network, Yahoo