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The micro-blog service, which still classifies itself as "pre-revenue," has an enormous user base and a few fledging ad units -- with more on the way. And now it has started building out a sales team starting with two hires: Facebook veteran Dan Coughlin and Yelp's first salesperson, Amanda Levy. Both will be charged with building out a team to move what Twitter is calling its Promoted Suite, or Twitter ads that today consist of promoted tweets and promoted trends. While Twitter's ad deals and promotions have been experimental thus far, the plan is to ramp up revenue in fourth quarter while trying out ...
“An investment operation is one, which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” - Benjamin Graham Convera is a liquidation play. Convera is trading for $.22 and the company estimates investors will receive $.26 per share in cash in the next 12 months and an additional $.11- $.19 after intellectual property is sold. The trading volume on Convera shares is small with around 150,000 shares traded a day. According to Yahoo Finance, Convera’s business consists of “vertical ... Read More
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