Eight-figure VC investments don’t show up every day, but website tools firm Jimdo turned it down on principle – even though it knew the decision would make it harder to get to number one.
As solar panel prices fall, installers’ valuations appear to be climbing. A report from NeXt Up Research that was released Monday on SharesPost, an online marketplace for trading shares of private companies, estimates that solar developer SolarCity‘s exit valuation would be between $375 million and $443.8 million, or $15.49 to $18.36 a share. That’s up from a per-share estimate of $12.43 to $13.90 back in July.
Solar panel prices, which have fallen by more than half from their peak last year, are helping to drive demand for solar power systems, and as such should help boost SolarCity’s revenue, according to the report, written by NextUp research analyst Suresh Balaraman and downloadable for free here. Since panel prices make up more than a third of SolarCity’s cost of goods sold, the lower cost should also help lift SolarCity’s profit, he wrote.
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I’d say Dell just beat the pants off of my homebrewed Android UMPC. The Dell Streak and its lovely 5-inch multitouch display just made an appearance over at SlashGear and it looks sweet from a form factor perspective. The video demo gets a bit choppy at times, so I can’t be sure if the device has a little lag or if it’s an issue with the video. Regardless, it’s likely that the device on camera isn’t a final version, so there could be optimizations to come.
The 800 x 480 resolution is just about the right size for this screen — perhaps it could stand to be a wee bit higher, but it’s pretty, nonetheless. Streak runs on Android 2.0 and while it offers no cellular voice capabilities, it does provide for Wi-Fi, Bluetooth and 3G connectivity. Perhaps you could get by on a cheap feature phone or pre-paid voice plan and tote this around instead of smartphone? I’d be tempted to try. There’s also a 5-megapixel camera on the back, front-facing camera and an input jack for a dock on the bottom.
Industry watchers have been predicting – and companies have been eagerly awaiting – the return of tech IPOs for months. A123Systems’ successful IPO last week set off a new flurry of those forecasts, with many seeing it as a sign of more offerings to come, and a new break through for cleantech IPOs. But at the Renewable Energy Finance Forum West on Wednesday, Pascal Levensohn, founder of Levensohn Venture Partners and a National Venture Capitalist Association board member, called those predictions “wishful thinking.”
While he’s glad to see a few IPOs emerging, they amount to “drops of water in the desert” and are “not relevant to the majority of companies out there,” he said. “I disagree with predictions that U.S. IPOs are about to come back in a meaningful manner. Underwriters are only willing to accommodate a small number of companies.”
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