Ask the Delphic Oracle: TECHNOLOGY: Facebook passes $38 IPO price

Note to recruiters

Note to recruiters: We are quite aware that recruiters, interviewers, VCs and other professionals generally perform a Google Search before they interview someone, take a pitch from someone, et cetera. Please keep in mind that not everything put on the Internet must align directly to one's future career and/or one's future product portfolio. Sometimes, people do put things on the Internet just because. Just because. It may be out of their personal interests, which may have nothing to do with their professional interests. Or it may be for some other reason. Recruiters seem to have this wrong-headed notion that if somebody is not signalling their interests in a certain area online, then that means that they are not interested in that area at all. It is worth pointing out that economics pretty much underlies the areas of marketing, strategy, operations and finance. And this blog is about economics. With metta, let us. by all means, be reflective about this whole business of business. Also, see our post on "The Multi-faceted Identity Problem".

Monday, August 5, 2013

TECHNOLOGY: Facebook passes $38 IPO price

This news is about 2 weeks old but posting it anyway. Via San Mateo's Daily Journal:

Facebook has found redemption in the form of a soaring stock price.

On Wednesday, the share price of the world’s most populous social network —and human data repository— briefly crept past $38 for the first time since its rocky public debut last May. In doing so, Facebook cleared a symbolic hurdle that has eluded the company for more than a year.

Facebook’s ill-fated first trading day on May 18, 2012 was marred by technological glitches on the Nasdaq stock market. The stock closed with a disappointing 23-cent gain. And its performance didn’t improve, hitting a low of $17.55 last September.

“I think Facebook in general and Zuckerberg in particular felt that they let everybody down,” said Wedbush analyst Michael Pachter of Facebook Inc.’s 29-year-old founder and CEO, Mark Zuckerberg. “And by everybody I mean all their employees who had stock, all their early private investors who had stock.”

Dude, where's my column?

Ah! The column. You see, the column doesn't run at the Times of India Group's indiatimes.com site any more. All columnists were taken off the Indiatimes.com site.This blog keeps the 'Ask the Delphic Oracle' thing going. If you want to view past columns, search for "All Articles and Posts for the Times of India Group". You will see a list of links in a widget underneath that heading. (e.g. Link to the column "The world's largest prime"). All the columns for the Times of India Group may be found underneath the "All Articles and Posts for the Times of India Group" heading. So, there you go.

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First of all, a note. None of us are bloggers per se. We are engaged in business research, software engineering, computer science & mathematics research and journalism among other things. Thus, what we are doing here is really presenting high quality information in the form of a blog. Being a blogger is not something to be ashamed of, but here is something that we would like to warn you ahead of time: we expect standards of communication much higher than that in the average blog and Facebook profile. Not that this is nescessary for you, gentle reader, but please maintain professionalism and courtesy in all your communication with us in the context of this blog.

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Anand Manikutty got his undergraduate degree in Computer Science from the Indian Institute of Technology, something for which he still gets ribbed. He has pursued graduate work at the University of Wisconsin, the Harvard Business School and Stanford University. He is a technology entrepreneur and inventor holding over 15 patents in computer science and technology. He has over 15 research papers in computer science and engineering. He has also contributed to a textbook on strategic management. He splits time between Monterey and the crazy, exciting San Francisco Bay Area. He is working on this column in collaboration with Prof. Krishnan Shankar. Krishnan Shankar (Ravi to friends) is a Professor of Mathematics at the University of Oklahoma. His professional trajectory started in Mumbai at Ruparel through Reed College in Portland, Oregon and the University of Maryland, College Park where he obtained his Ph.D under Karsten Grove in differential geometry. His latest creation is by far his best and most demanding: his daughter, Sophie Mallika, who renews his sense of the miraculous on a daily basis. Prof. Sankaran Manikutty was a Professor (with tenure) at the Indian Institute of Management Ahmedabad. His profession trajectory started in the Indian Railways where he worked for more than two decades. He obtained his Ph.D. in Strategy (an area that used to also be called Business Policy) at the Indian Institute of Management Ahmedabad. He joined as faculty at the Indian Institute of Management Ahmedabad and rose to the position of Professor. He is now retired from service. ~

What is "Ask the Delphic Oracle"?

"Ask the Delphic Oracle" is a blog created for a Science/Technology, Mathematics and Innovation column of the same name for the Times of India Group. (It is now a spin-off from the newspaper columns and, what's more, has survived the demise of the Indiatimes.com columns section itself. The themes of the blog are Science/Technology, Mathematics, Innovation and Economics with American Studies as a focus area.) The blog is maintained by Anuradha, Anand Manikutty in collaboration with Prof. Krishnan "Ravi" Shankar. All columnists and opinion writers have been taken off Indiatimes.com, and so we will no longer be running there. At the same time, this blog has taken a life of its own and besides, there are some loose ends to tie up, not the least of which is a summer puzzle contest we conducted in association with the Stanford Math Circle. So, posting on this blog will continue, and our association with the Stanford Math Circle will continue as well.

The theme of the blog is, as you know, science, mathematics and innovation, and so we post links to news stories on science, mathematics and innovation. We do love mathematics and so we also do another thing - we use mathematical principles whenever we can, wherever we can. Given that mathematics finds applicability virtually everywhere, we make posts on a variety of themes and subjects not directly related to mathematics.

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