Broadcom: Valuation

By Vijay Nagarajan, Guest Author The last month has been a great revelation for me. I have ventured beyond my comfort zone to research and understand the nuances of various other related segments like WLAN, Bluetooth, GPS, set-top boxes, broadband modems, DVD players, and Ethernet. Such is the depth of Broadcom’s business. Before I go

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Broadcom: Wireless Revenue

By Vijay Nagarajan, Guest Author In the last few articles, I dealt extensively with the Mobile and Wireless business of Broadcom. It is time we take a look at what this means from a revenue point of view for the company.

Broadcom: Enterprise Networking Business

By Vijay Nagarajan, Guest Author In the previous articles in this series, we looked at the strengths and weaknesses of Broadcom. We also looked at the pros and cons of its broad portfolio of products and its growth by acquisition. Going forward, I will start to dissect the company’s enterprise networking products business.

Deal Radar 2008: Travel Ad Network Executing Flawlessly

Travel Ad Network (TAN) is the leading vertical ad network focused exclusively on travel. It reaches users across 50 websites including Lonely Planet, Kayak, RandMcNally, Skybus Airlines, Groople, TravelHero, BootsNAll, AreaGuides, HotelsByCity, EuropeForVisitors, AirGorilla, and many others. Top advertisers with TAN include American Express, Vacations to Go, Best Western, Netherlands Tourism, Tourism Australia, etc.

Interdigital: Valuation

By Vijay Nagarajan, Guest Author “Seventy Five dollars! That cannot be,” was my own reaction when I first glanced at the result of my valuation analysis. The number sounded outrageous compared to the current stock price of IDCC – $20.13 after hour on Jan 30th, 2008. It was also 65% above my highest estimate of

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Deal Radar 2008: Facebook Woes Coming?

Facebook is the most popular social networking site providing an interactive space that helps members communicate with “friends”. The site features like ‘Wall’ and ‘Poke’ have created a vernacular amongst the youth population. It was started in February 2004, by Harvard student Mark Zuckerberg. “Are we Facebook friends?” has now become a social phenomenon! Angel

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Deal Radar 2008: Digg – Packaging news

Digg is a social news book marking site containing user generated content. Ranging from science and technology to politics and entertainment, it covers a diverse spectrum of news posted and rated by users. The site was started in 2004 by Kevin Rose and Jay Adelson. This site received its funding from two investors – Greylock

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Interdigital: Key Valuation Assumptions

By Vijay Nagarajan, Guest Author As I mentioned in the prequel, the uncertainties surrounding the IP business model and also its new ASIC ventures make it impossible to come up with an accurate mathematical model for Interdigital’s valuation. Nonetheless, I have made certain simplifying assumptions to make the problem more tractable.