Tuesday, January 4, 2011

Reserve Bank of Australia Commodity Index - Long Way Down

The RBA - The Reserve Bank of Australia -  released Index of Commodity Prices for December 2010.

From it's statement "Preliminary estimates for December indicate that the index rose by 3.2 per cent (on a monthly average basis) in SDR terms, after rising by 1.2 per cent in November"

SDR's are "Special Drawing Rights" essentially a basket of major currencies - see SDR Valuation from the IMF

Facebook and the Road to a $50 Billion Dollar Valuation Helped by Russians and Now Goldmans.

"Facebook is now solidly a $50 billion company, as measured by valuation from investors, thanks to its latest round of funding -- $500 million from Goldman Sachs and DST. "

So Facebook has now the valuation that Mark Zuckerberg has been saying it should have thanks to Goldman Sachs and DST.

Right, DST who? Digital Sky Technologies a Russian company that has this really interesting web site. Check it out: DST. A lot more information on this global investor into mainly US based tech companies can be found in The New York Times Deal Book article:

Russians’ Large Stake in Facebook Grows Larger

Chart from SAI Silicon Valley Investor Chart of the day

Facebook's Bumpy Road To $50 Billion 

Monday, January 3, 2011

Skin Your Furniture - Mykea for IKEA

"After a long and tedious day of shopping in a local Ikea store, we returned to the office. Tired and unwilling to do so we finally unpacked the Ikea furniture and started with the hellish job of putting them together. After we finished and looked at our assembled Ikea furniture, we came to the dire conclusion that our office would consist of three colours, or the lack thereof. White, white and black! Then someone said; wow, this looks kinda naked."

From the Mykea web site

Heads up via LifeHacker

Original article 

Mykea Offers Custom Skins to Personalize Your IKEA Furniture 

Sunday, January 2, 2011

One Very Big Cave - Vietnam's Hang Son Doong Cave

From the National Geographic via i09.com 
World's largest cave is big enough to fit a skyscraper and even has its own jungle
Orginal pictures
Conquering an Infinite Cave

Lex and 3 Economic Scenarios for 2011

Named as The Crab, Disaster and Lift-Off the Lex Column in the Financial Times essentially gives fancy names to 3 probable economic outcomes for 2011.

The interesting bit is the percentage of probability or likelihood of each scenario playing out:

  1. The Crab or more of the same as 2010 - 70%
  2. Disaster or up the creek without a paddle - 20%
  3. Lift-off or yeh! we're back to normal - 10%

See

Three scenarios for 2011