403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx
Follow us:
403 Forbidden

403 Forbidden


nginx

Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

November 13, 2007 at 7:54 PM

Google stock at $901 and other predictions

Some highlights from the WSA’s 2008 predictions dinner, with outlook provided by a panel including venture capitalists Enrique Godreau III, Matt McIlwain and Kelly Smith; analyst Steve Lidberg, and Jonathan Sposato, a serial entrepreneur and veteran of Microsoft and Google.

What sort of company would they start if they had $1 million?

Godreau: Develop self-charging batteries that recharge using mechanical motion, similar to the way pedometers work and tidal energy is being harvested.

Lidberg: A Chinese-to-English translation company, or a company involved in digital mapping.

McIlwain: A “personal shopper” that aggregates and communicates things he intends to buy.

Smith: An operating system for email that lets users drag and drop applications such as widgets and autopublish applications into an email platform.

Sposato: “Zeromeout.com,” a consumer focused site to help people evaluate their carbon footprint and purchase offsets, and “howtobeagentleman.com,” a site providing advice for young men how to be polite and conduct business.

Where would they not invest now?

Godreau: Said he’s concerned about less attention being paid to sales and revenues and more to “eyeballs and eardrums.”

McIlwain: ” I think cleantech is completely overhyped.”

Smith: Said there are plenty of options now for people to consume high-def video, and he wouldn’t invest in a maker of Facebook applications any more.

Sposato: “Any company that’s creating a social networking application on Facebook.” Also overhyped are tools for pulling together messaging and social networking accounts.

Lidberg: Mobile gaming. While casual gaming is seeing interesting new models, the “mobile arena seems way overhyped and overcrowded.”

Where will Google’s stock be at the end of 2008?

Lidberg: “We have an 850 target price on it right now.”

Godreau: $874 – said they’ll hit four figures after a blowout quarter, but will have a quarterly miss due to the macroeconomic environment. “As you start to see a crack in the armor you end up at $874.”

Sposado: “Low sevens by the end of 2008.”

Smith: “I’m going to say $901 and the reason is because I think it’s extremely rare in a person’s lifetime when you see a company with the characteristics of Google.”

McIlwain: Said Microsoft and the aQuantive team shouldn’t be “so heavily discounted” so he expects Google to be at $725.

The next big Microsoft acquisition?

McIlwain: Virtualization – perhaps Citrix – and on the wireless side perhaps RIM. Also vertical search companies.

Smith: Eyeball acquisitions, perhaps a photo sharing or video sharing site or a social networking platform like Beebo.

Goudreau: Virtualization infrastructure.

Comments | More in | Topics: Entrepreneurs

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


403 Forbidden

403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx