Lijit Ad Tag2

Wednesday, July 20, 2011

51% Off and Still Infinitely Overpriced

Coupon in Question:

"Print this $0.50/1 Frank’s Red hot Sauce coupon. You can use it at Walmart to pay just 48 cents for one bottle after coupon. Or keep an eye out for sales on this product at your grocery store. Use zip55555 to find this coupon." Available online at:

I don't believe much commentary (my position on Franks is well known, see "Dec Update: Disowning of my Sister" for more details) is needed other than the following two math equations.

(after-coupon price)/(original price)-1=Discount in percentage terms:

51% Discount

(after-coupon price)/(true product value)-1=Discount to intrinsic value

Conclusion: Despite only costing you 48 cents with the coupon, purchasing a Frank's Red Hot is an utterly deplorable decision and will cause extremely negative events to occur. In short, don't make a rookie move and buy something infinitely overpriced.

Friday, July 15, 2011

Party Music- Denver Style

Almost everyone in the world has a famous person story that they bring out on "opportune" occasions (i.e. weak attempts to impress the opposite sex) in order to make themselves look cooler.

"Oh yeah, Top Gun, that's a great movie. Cruise and I hung out in the Caymans last summer and played volleyball- dude was way too short to spike it in real life."

As someone who has no A-list celeb stories to tell, I resort to the "I don't give a sh*t about celebrities" route. That being said, I do know a Kickass DJ and I figured I'd take this opportunity to let my millions of blog readers get a chance to listen and download his newest jam that he just released. So without further ado or shameless plugs to how cool I am, I give you Press Play Volume 2.

It's finally here!! Press Play Vol. 2 hosted by Far East Movement!!! This mix is a compilation of spring and early summer 2011 club bangers... Similar to "Press Play Vol. 1" the songs in this mix are most all Top 40/Commercial Dance tracks remixed or mashed up with a variety of EDM Genres. Enjoy!!

.:Stay Tuned:.

Release date: Jul 13, 2011

Look ma, no hands.... Waka Flocka and Wale would be so proud

P.S. Check out some of his other songs on Soundcloud. No Hands vs. Stereo Love and Take Over The Deep are badass.

Wednesday, July 13, 2011

Completely Disagree With the Opening Sentence!

As my previous post suggests, I'm a big fan of Google+. I had my first threesome last night on Hangout, and think the integration with Youtube to allow joint video viewing is really fun. (I had the honor of hanging out with two noobs that had never seen the Honeybadger video, so that garnered a pretty solid reaction...) In order to really get a feel for G+, I even have tried using the "Sparks". As you can see from the image below, I opted for Electric Vehicles (been working on TSLA/PPO/AONE), Hedge Fund (gotta see what the competition is up to), and Hot Sauce. So far I've been rather underwhelmed, but do think as more people start getting on G+ and start utilizing the +1 button that the quality of this feature could improve.

But anyway, I clicked today on Hot Sauce and the top story from the Berlin Dispatch was below with the opening sentence being:

"I don’t know about you, but I don’t think it’s a good sign when the condiment section at a pasta restaurant brandishes a bottle of Sriracha hot sauce "

All I can say is I'm glad the author put in the "I don't know about you" qualifier, because otherwise he'd have a G+/twitter/social media sh*t storm on his hands to rival the current $NFLX price increase outrage. Anyone choosing "hot sauce" as a Spark is certainly going to be a person that lives and breathes my mantra of "food is just a vehicle for hot sauce". As such, I could not be more enthused as to find a restaurant with a fine hot sauce selection. My only comment would be that if this Pasta Restaurant really wanted to get my repeat business, it should add sauces further sauces such as Mad Dog Inferno and Blair's Sudden Death to its repertoire!

Sadly, there is no -1 button yet on Google+; otherwise I'd be leading a campaign to drive this German drivel-filled article's score to the ground.

Monday, July 11, 2011

Testing Out the +1 BUTTON

While I've been bearish on virtually all of the recent social (i.e. overvalued) IPOs, I think GOOG+ is awesome and could actually be the catalyst that changes investor's perception of the stock. The company holds a dominant position in search, prints money, has $115 in cash, has a ton of smart nerds, yet the market doesn't care. The thing trades at a market multiple (closed today at 14.4x NTM PE) despite vastly better growth prospects and margins. Yes it's friggin huge and you can't give a company of that size a major growth multiple, but I think the current multiple is overly compressed. Anyway, GOOG+ just launched and I know my friends (the more tech savvy ones at least) are really embracing it. Circles are an amazing concept, and give you so much more control on who sees your content. As a result, I am much more likely to actually post and interact on the site, because while I obviously think everything I write is awesome and interesting, I know it only resonates with a segment of my group of "friends". Therefore, I only post stuff on $FBOOK that I think all 760 (sell-call!) of my friends will be interested. On G+ however, I have created different circles (work, high school guy friends, etc) and can post things that are relevant to them, and not have to worry about spamming the other 755 that would find my link about Star Wars dumb.

Anyway, it's hard to move the needle that much on a company like $GOOG with a $170bn market cap, but I think a successful launch of GOOG+ (which all signs are pointing to currently) could get some people a bit happier with Google's high opex #s, and allow them to see a glimmer of light at the end of the tunnel (i.e. a material revenue stream that is not their core search biz, which currently is >90% of revs).

Crude Comparable Valuation assuming 200mm (active gmail base) convert to GOOG+ :

Can justify a value of $70/share based purely on SOTP from converting gmail users. As the stock trades at around $525, this is only 15% of incremental value. Nothing to sneeze at certainly, but also not a completely trans formative business shift a la $TZOO for instance. The main upside comes from this being the first foray into social, and if they can do this successfully, it could then change investor perception which impacts the multiple.

But anyway, the real point of this post however is for me to try and integrate the +1 button onto my site, so I'll see if I can add it below. If it shows up, do me a favor and click it!