SM: What is the value proposition of Mobissimo?
BT: We find the cheapest airfares and we find the best international fares. To synthesize, we simplify the search process by querying multiple Web sites in real time and deliver information that is highly valuable to the user. We make it easier for people to travel. >>>
I said earlier upon Meg Whitman’s departure that eBay has a bounce back opportunity ahead. As their new CEO, John Donahoe, announced Q1 results today, they exceeded market expectations on all counts. Q1 revenues of $2.19 billion and EPS of $0.42 were higher than analysts’ views of $2.08 billion revenue with $0.39 EPS. >>>
SM: Where did you get the idea for your current venture? Did you have prior domain experience in the travel segment?
BT: First and foremost at Mobissimo we are travelers ourselves. We have felt the pain of endless attempts to search and book tickets online. >>>
Folks, I would like to point Indian entrepreneurs to another gap that I see, which may be fertile ground for new startups out of India … >>>
Infosys (INFY) announced their Q4 results yesterday. For the quarter, they met analyst expectations with revenues of $1.14 billion and EPS of $0.54. Their revenues reported a 32.3% increase over Q4 previous year, while EPS grew by 20% over the period. Their revenue for the year reached $4.18 billion. For the first time ever, their net profits for the year crossed $1 billion. >>>
Since its launch in October of 2003, travel search engine Mobissimo.com has created a staunch following of “MobiFans”. With a sweet spot in international travel it has been very successful catering to a niche other travel sites have largely neglected. There are over 300,000 travel properties in the world yet online travel agents (OTAs) focus on approximately 42,000. Aside from re-defining the standards for comprehensive travel search engines, Mobissimo has set new standards for the overal user experience – it’s like having your own personal concierge service. Mobissimo co-founder and CEO Beatrice Tarka takes us through the Mobissimo journey. >>>
Dell just announced a massive change in direction that may leave a mark as meaningful as when Ford shifted the market from individual coach-builders to mass production. It’s not exactly the same situation, but it is a shift in manufacturing and business model that makes a huge statement about social needs for individuality. It is also not just Dell involved in this shift, but they show up as a symbol for the change taking place. >>>