Check out all of the awesome startups coming out of India. From quora

First the obvious ones

• Slideshare
• Zoho
• Pubmatic (ad network, also behind Vizisense – the indian comscore)
• TellaFriend / SocialTwist
• SocialMedian (started jan 2009, sold Dec 2009 for 7 million USD)
• DimDim (web conferencing) – acquired by Salesforce Jan 2011
• SmsGupShup (Indian twitter with focus on mobile)
• Directi (largest registrar in Asia)
• FusionCharts (flash charts used by many apps)

• Gluster (guys behind gluster filesystem)
• Justdial (phone & web based classifieds, now launched in US backed by sequoia)

• Makemytrip (covered on TC bunch of times)
• Travelguru (acquired by travelocity)
• Tutorvista (founding employee of mcafee, co-founder of elance, ex-ceo airtel/mahindra british telecom,etc . funded 30M$+)

Hidden gems & upcoming indian startups as of mid-2010

• multi-lingual : Tachyon technologies / quilpad (amazing lisp, open-source, web hackers, got invested from rediff and supposedly rejected Google M&A)
  Lipikaar (revenue making via tech, recently launched dubzer at DEMO)
• user generated content : Muziboo (youtube for audio, winner of 2009 facebook connect india challenge) , lifeblob (the indian plurk, investment from Seedfund)
• real estate : commonfloor, 99acres (supposedly reaching >40% of indian market in april/may ’10) ,makaan
• e-commerce : Flipkart (Indian amazon e-commerce startup selling books now, supposedly amazing systems/server performances) & Infibeam (e-commerce store, also launched their ebook reader)
  Martjack (amazing traction/DIY framework for building stores)
• voice : tringme / voicephp (Indian twilio) , callgraph (skype plugins) , voicetap (talk to an expert on phone) , kirusa
• maps : routeguru , sadakmap, mapunity
• facebook : ugenie (weread) , scrabulous guys
• gaming: hashcube (largest sudoku app at one point, incubated at iaccelerator), games2win (casualgames, comscore top 20 gaming reach , well funded ) , lordsofodds ( prediction/gaming via various channels, nice tv tieups, profitable ), Zapak ( Reliance group ) , indiagames ( acquired by UTV, non-casual games )
• offline focus:  nextbit cpu ( licensing deals in millions)  , notion ink ( adam tablet ), ideacts ( cybercafe software, 30000+ terminals, funded by seqoia )
• deals : snapdeals , mydala, taggle
• food related: tastykhana, hungrybangalore, lunchwalla
• online printing : myntra, pringoo, printo & many others
• photo: picsquare ( acuired by infibeam ), zoomin ( co-founded by founder of half/ebay )
• local / classifieds : burrp ( acuired by network18 )  , quickr ( supposedly fastest growing ) ,  asklaila ( amazing rate of product launches, partnerships ) , buzzintown
• search engines / aggregators :
  antya ( small team, nice tech + seo juice), avashya
  blogadda, indiblogs (ala technorati / 9rules )
  guruji ( seqoia funded search engine, pivoted to music search, lawsuits, but still decent traction, future uncertain )
• students / jobs: sutraHR , bixee search ( owned by ibibo group ), bharatstudent, freshersworld, hellointern, pagalguy, minglebox
• ad networks : vdopia, jivox ( both video) , komli, tyroo, networkplay, tyroo ( all well funded )
• movies / ticketing / delivery : bookmyshow, kyazoonga, 70mm, Bigflix ( netflix’ish clone, great retail rollout, Reliance group )
• location  yulop
• project management / collaboration: deskaway, remindo, uhuroo, tenmiles (makers of helpdeskpilot,tezaa,etc)
• payment : paymate, billdesk, mcheck, ccavenues
• auto: carwale, carazoo
• travel: redbus, cleartrip ( well funded, largest pool of lisp developers at one point )
• finance/risk : crederity ( background checks ) , dhanax ( ala kiva ), paisa ( stock portfolio )
• sports : cricinfo ( bought by espn )
• health: lifemojo, healthcaremagic
• analytics : wingify / visualsiteoptimizer
• blogging platforms: instablogs (citizen journalism), ibibo, bigadda
• cloud based : e2e networks, orangescape

Check out the entire Quora Thread here.

Links Below

• SlideShare.net (Document uploading and sharing)
• Justdial.com (Directory)
• Makemytrip.com (Travel)
• SMSGupShup.com
• FlipKart.com (Online Book Store)
• BookMyShow.com (Ticket Booking)
• SnapDeal.com (Daily Discount Deals)
• 99acres.com (Property)
• Zomato.com (Restaurant Information and Reviews)
• RedBus.in (Travel)
• iXiGO.com (Travel)
• Shaadi.com (Matrimonial)
• Naaptol.com (Gadgets E Shopping)
• DealTadka.com (Social deals platform)
• WebEngage.com (Customer feedback and short survey tool for websites)
• Shareaholic.com (Advertising)
• inquy.com (store and share files, bookmarks and notes.)
• OfferGrid.com (India’s first Shopping Network

The Facebook IPO

Facebook is going public, and there has been a lot of talk about when the IPO will take place given that Zynga’s less than optimal market performance since it decided to float. From the blogosphere it seems, and here at the Economic Times, it looks like the Facebook IPO will likely happen in Q2 of 2012 at the earliest, but what can you do in the meantime before that date.

How to Buy Now

The easiest way to buy into Facebook right now is through Sharespost.com which has had at least two oversubscribed auctions at a reserve price of around $34 a share with a minimun lot  size of $100,000 or around 3300 shares throughout december while everyone has been getting lazy through the holiday season (only 125 million shares were traded today).  This values the company at $80,019,000,000. Which yields leaves at least 20% upside for estimated $100B IPO with an offering of around 10% of the company. Rumor has it that they will probably float 10 billion or less, which is going to be an extremely small float, which will probably cause a supply and demand asymmetry with a temporary spike and then the shares would settle down .

Valuation

As we all know Value is a very nebulous thing

Take a look at the Bloomberg interview with venture capitalist Hussein Kanji as he walks through how to value Facebook. Hussein points out that the two best comps to peg Facebook are Amazon and Google‘s AdSense Business (ads on third party sites).

We know for sure that in first 6 months of 2011  Facebook did 1.6b in revenue and In the interview with Kanji on 11/29 it was rumored that Facebook would pull around  4.3b in Revenue for the year. Assuming that Facebook is in primarily a 50% margin business and able to keep  about more of each dollar than Amazon with the market currently pegs amzn at around 94 times earnings… Facebook could be worth well over 100 billion dollars…like maybe 156 billion…check it…

Since the 11/29 interview, Business Insider reported that Facebook’s 3rd quarter was underwhelming with the company bringing in a mere 900 mil in the quarter for a total of 2.5 billion this year leaving the 4th quarter with the trouble to bring in at least 1.5 billion to top estimates and reach the 4 billion mark which would be about double the $830 million Facebook has been bringing in quarter over quarter. But even if Facebook “underwhelms” and only brings in 830mil in q4 leaving revenues culminating in $3.33 Billion Revenue total at 50% margins with Amzn’s P/e of 94 you get 156.51 Billion dollar valuation…whoa… Too good to be true?

The other comp to look at is Google Ad Sense on 3rd party pages and take to look at Google’s AdSense(a similar business model to Facebook)’s contribution to its market cap . We know that Adsense will bring in around $9.56 billion dollars this year in 2011 out of Google’s estimated 36.82B with 11.892B in earnings we can say that and google keeps about 32%-49% of this revenue as earnings  from adsense and therefore safely assume that the earnings power of adsense is not significantly higher than the other  segments of the business and can therefore be appropriately pegged 21x P/E  earnings . So take the 1.665 of Facebooks earnings and multiply it out and you get the significantly smaller value of $34.95B which just does not seem possible at this point… but Hussein Kanji says that you can get $60-75B if you blend in Yahoo advertising and assume that Facebooks user value is higher… with private markets already valuing facebook well above $80B… we can probably just assume that google is cheap…

Although it may be fun to play the supply and demand pop from private shares into the IPO, it is interesting to think about buying Facebook for the long haul on a five year or even 10 year horizon. Lets assume that Facebook turns into the next Apple and becomes the most valuable publicly traded company by market cap and reaches a value of $370 billion or just for fun $400 billion dollars (lets add a little inflation, because it looks like price levels around the world can only go up right?) even if Facebook is able to that over 5 years its only 30%(or 32% respectively) yoy return (over ten years thats only 14%).  Emerging market stocks are cheap, Oil could pop this summer on supply concerns, and Sugar got hit hard etc. surely there are other trades that might be better.

Conclusion

Buy now in private markets ride the IPO sell it on opening the day, and in 6monts to a year after the IPO in April if valuations hold pull a like kind from AAPl or GOOG when you feel either one has become an IBM or Intel and Facebook becomes the new hedgefund and institutional tech growth darling.

Holla

There are 250 million iOS devices,  and approximately 200 million Android devices.

From Bloomberg  News article today:

Jaime Dimon – CEO of Citi – “Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,”

Tom Golisano, billionaire founder of payroll processer Paychex Inc. PAYX - “If I hear a politician use the term ‘paying your fair share’ one more time, I’m going to vomit”

Ken Langone – Home Depot co-founder -“I am a fat cat, I’m not ashamed. If you mean by fat cat that I’ve succeeded, yeah, then I’m a fat cat. I stand guilty of being a fat cat.”

Wilbur Ross – Founder of PE firm WL Ross & Co. LLC - “Tearing down the rich does not help those less well- off. If you favor employment, you need employers whose businesses are flourishing.”

Robert Rosenkranz – CEO of Wilmington, Delaware-based Delphi Financial Group Inc.- “It’s simply a fact that pretty much all the private- sector jobs in America are created by the decisions of ‘the 1 percent’ to hire and invest. Since their confidence in the future more than any other factor will drive those decisions, it makes little sense to undermine their confidence by vilifying them.”

Leon Cooperman – Chairman of Omega Advisors Inc. and former CEO of Goldman Sachs- [Capitalists “are not the scourge that they are too often made out to be” and the wealthy aren’t “a monolithic, selfish and unfeeling lot,” Cooperman wrote. They make products that “fill store shelves at Christmas” and provide health care to millions.]

David Einhorn’s 13F just came out with what he owns in the quarter. It comes as no surprise that this Green Mountain shorting Bill Ackman tag-teaming favorite holds a $300+ million stake in AAPL repping 10.72% of his portfolio proving that Apple is definitely not merely a momentum play. Ken Griffin’s Citadel also owns $900+ million stake in AAPL. For a good list of names that are still in AAPL, check out GuruFocus.

Some things to look forward to in 2012 from Apple:

• Possible Dividend Next Year (Bloomberg Interview with Howard Ward yesterday)
• Apple T.V. with Samsung
• many many more

On another note check out Brian Hall’s post that was featured in today’s Apple Business Insider noting that Apple’s app store is worth more the all of RIM. Rim was up  about 10% on takeover rumors…