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Thread: TT: Technology Thread

  1. #21

    Vampire Wars in Facebook

    Anybody here who play Vampire Wars in Facebook? Pls PM me if you wanna join my clan. Tnx.

    I'm level 28. I have 54 clan members. What's yours? ;D
    What you grinning at Pyscho?

  2. #22

    Meron akong Balita!

    May nasagap akong balita.. Magkakaron daw ng local server dito ang game na ito.. Mukha namang masaya at nakaka-aliw laruin..

  3. #23

    Zodiac Online Game

    Try This PLayah! its really good Online games...


    1. Cause in Zodiac Online..there are no class unlike the other online games..

    2. The Jobs in Zodiac is based on Aptitude...

    3. There are Zodiac Pets such as Rooster,Dog,Rat,Dragon,Ox,Tiger, And Many More...+ you can evolve it to generation 2 and
    your Pet will become more good looking!

    4. And Zodiac Online got a Daily Task such as Renown Quest,Guild Task,Wagon Escorting Quest,and Daily Quest..

    5. Weekend Task too such as Pigfighting where you can get many exp from pig monsters and a Maze

    SO Lets Play this game together!! Im so sure that you wont get bored with this game!!!

    Here is the site:

    See yah there Playah!!!

  4. #24

    Tapatalk for iPhone, Android, Blackberry and NOKIA

    Tapatalk is a mobile forum app for iPhone / Android / Blackberry and Nokia. Tapatalk supports vBulletin (3.x and 4.x) and phpBB forums and forum owner can activate this service for free. Tapatalk supports all the usual forum functions plus full screen image viewing, image upload, caching (less reload), private messaging, all these features are accessible in just a few simple taps.

    Tapatalk for iPhone:
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    Pamantasan ng Silangan........ Pamantasan ka naming MAHAL!!!

  5. #25

  6. #26
    Why Would Anyone Invest in Rappler if it?s Losing Money?

    FEBRUARY 6, 2017


    Pierre Omidyar?s fund invested in Rappler. Is he trying to destabilize the PH? Uhm, no.

    A blogger posed this question, and posited that the reason anyone would is to achieve devious ends, in this case, to destabilize the government.

    The blogger had three problems about Rappler?s financial affairs: its disclosures in its GIS and financial statements, its issuance of Philippine Depository Receipts to foreign investors, and the reasons why these investors would invest in a media company that was losing money.

    Oscar Tan adequately addressed the first two in his Inquirer column. I want to talk about the third. According to the blogger, it was obviously irrational for savvy foreign investors to invest in Rappler if it generated a cumulative loss of PHP 163 million from 2011 to 2015.

    Thus, there must be some other non-economic reason why these investors keep infusing their capital ? to destabilize the government perhaps?

    Believing this sends the wrong message to Filipino founders and is bad for promoting entrepreneurship. Full disclosure: some of Rappler?s founders have also invested in one of my businesses.

    The blogger makes a ridiculously inappropriate comparison to a sari-sari store that is losing money. Why would the store owner keep injecting cash to fund an unprofitable operation?

    And therein lies the problem. Rappler is not just a media company, it?s also a technology startup. And early stage venture capital investing in the technology industry works differently.

    What makes Rappler a technology company? It?s not just because it?s online or it has an app. Rappler?s built it own infrastructure to manage and process its content, via a proprietary content management system, its mood meter, and its own data science operation.

    Unfortunately, the sari-sari store analogy doesn?t capture the fundamental nature of how Rappler does business.

    So why would two big foreign investors infuse capital in a money-losing technology startup?

    Since people are fond of easy analogies, let me offer a more apt one.

    Let?s say Ramon and Joey decide to start a company to launch a news app. They put in PHP 100,000 each of their own money. Their total capital is Php 200,000. They incorporate with 200,000 shares and a par value of Php 1 per share. So Ramon and Joey each own 100,000 shares, for a total of 200,000 shares.

    Thus, their ownership split is 50-50. Ramon has 50% ownership. Joey has 50% ownership.

    They use the Php 200,000 in 6 months to fund development of their app, and by the 7th month, they enter into a deal with Alibaba?s Jack Ma. Jack likes media investments. Previously, he also acquired a stake in the South China Morning Post.

    At month 6, Ramon and Joey?s company is losing money.

    Jack Ma?s offer is to give Ramon and Joey?s company Php 1 million in exchange for a 20% ownership of the company.

    To do this, the company issues 50,000 new shares to Jack. Why 50,000? Because 50,000 shares is the equivalent of Jack?s desired 20% ownership stake in the company.

    Thus, the total number of outstanding shares in now 250,000 shares, broken down into:

    Joey = 100,000 shares (40% of the company = 100,000 shares / 250,000 total shares)

    Ramon = 100,000 shares (40% of the company)

    Jack = 50,000 shares (20% of the company)

  7. #27
    (Cont'd from above)

    Why would Ramon and Joey accept a deal wherein their ownership stake in the business is reduced from 50% to 40%? (We call this “dilution”).

    Because the value of Ramon and Joey’s shares went up 20x. Twenty times.

    “WTF OLIVERSEGOVIA, how did this alchemy happen???” you might say. “In just 6 months??? For a company that is losing money??? That is magic. Or deception. Or both. You are destabilizing the stock market. I will report you to SEC Chairperson Teresita Herbosa. You must also be on drugs???”

    Well, I can tell you if you aren’t so angry. (I’ve actually had reactions like this when I run my Startup Valuation workshops. The concept of equity value is so abstract for most people to understand!)

    This is why. Recall that Ramon and Joey started the company by incorporating with PHP 200,000 in capital, 200,000 shares and thus, a value of P1 per share.

    When Jack Ma invested his Php 1 million, he is buying new shares at a price of PHP 20 per share (P1 million divided by 50,000 shares). And because all shares in the same class must have the same value at any point in time, Jack’s investment implies that Ramon and Joey’s shares are also worth PHP 20.

    Note that Ramon and Joey personally did NOT receive PHP 20 for each of their shares. Jack’s money goes to the company, not to Ramon and Joey. But Ramon and Joey each increased their net worth by PHP 2,000,000, at least on paper.

    Where does the value come from? In simple terms: it comes from the past, the present, and the future.

    The company created an app in the past 6 months. A customer can buy the app for a certain price. Jack is implicitly saying that the app is worth PHP 4 million.

    Why? By investing PHP 1 million for 20% of the company, Jack is saying that the whole company (100% of it) is worth PHP 5 million. Minus his PHP 1 million cash infusion, their app is worth the residual: PHP 4 million.

    It also comes from some estimate of the future value. Because of Jack’s investment, the app can grow its user base. It can start to sell advertising, or sell premium reports in its app. If all of these revenue streams resulted in the Ramon and Joey’s company being acquired by a bigger media company (say, ABS-CBN or GMA) for PHP 100 million in 5 years time, then Jack’s stake will be worth PHP 20 million at that point. Jack grew his PHP 1 million investment by 20x in 5 years. You can’t get a deal like this investing your savings in a bank.

    At its core, borrowing money or investing money is all about forecasting the future value of something and estimating what price one has to pay for that future value, at the present time. This is what enables a bank to give you an auto loan or a housing loan – because you can continue to grow your salary and thus pay down the loan, or the house can appreciate in value in the future. This is also why the state invests in public education. Because the collective output of the iskolars ng bayan will be worth a lot to the country one day.

    You might be wondering, why would Jack only invest in a minority stake? Because he knows that for the company to be worth more in the future, Ramon and Joey need to feel that they are true owners in the business, and not just employees. To achieve that, Ramon and Joey must retain a majority stake. Investors call this an alignment of interests. Otherwise, why would Ramon and Joey continue to work hard when majority of the gains go to Jack?

    So, back to the original question: why would two big foreign investors infuse capital in a money-losing technology startup?

    Because they believe their stake in Rappler will be worth more in the future. Plain and simple.

    And like ABS-CBN and GMA – media companies with foreign investors – Rappler opted to use PDRs as the financial instrument rather than common shares.


    The heart of the blogger’s dilemma is that most people do not understand how venture capital valuation works.

    Now you might say: the analogy of Ramon and Joey assumes a venture that’s been around for only 6 months. Rappler has been losing money for 5 years!

    Guess what?

    It will likely continue to lose money for the next 5 years. And that’s what could actually make it a good investment.

    Amazon first registered an annual profit in 2004, a full 10 years after it was founded. It continued to lose money for the next 10 years after that. It’s only today that Amazon’s started generating profits.

    Why? Because Amazon continues to reinvest its operating cash-flows into new technology, platforms, products, and services. That’s brought us affordable cloud computing, Prime delivery, video streaming, the Kindle, the Amazon Echo, and more. And I don’t doubt for a second that anyone would turn down a deal to invest in Amazon circa 1995.

    That’s because profit isn’t the only measure of value. In technology, it’s actually a very poor measure of value as startups need to keep re-investing its cash flows to fund the best talent and to launch new products. So rather than profits, venture capital investors also look for milestones over the long term to measure value.

    For anyone in the know, digital media is also a particularly hard business to monetize. From my understanding, other media sites like Tech in Asia, e27, and Vox are also unprofitable. So Rappler isn’t doing anything out of the ordinary, investment-wise. If Maria Ressa pushed Rappler to be profitable by Year 2 – she is actually not doing her job right!

    Now that is something very hard for you to fathom, if your model of entrepreneurial success has been Henry Sy, John Gokongwei, or Lucio tan.

    In the 1970s, Xerox funded a lab in California, called the Palo Alto Research Center – or PARC. For many years, PARC lost huge amounts of money doing research on information systems. One early result was the Alto: an integrated desktop workstation, with a keyboard, memory, processing power, and connected to a laser printer and other workstations via an ethernet.

    If that sounds familiar, that’s because it is: the Alto was the early prototype of the personal computer and the rest, as we know, is history. If Xerox purely focused on PARC’s bottom-line, you wouldn’t be reading this post in your PC, Mac, or smartphone.

    Measured within this frame, the correct question is not “Why invest in Rappler when it is losing money?” but “Why can’t Rappler be investing more to build new products, acquire the best editorial talent, and expand to other countries?“

    Will Rappler turn out to have as big an impact on Philippine media? We don’t know yet. That uncertainty is what makes technology investing fun.

    But singly them out for issuing PDRs when it is a perfectly legal financial instrument and imputing some nefarious motive on the part of its investors without first understanding how venture capital investing works or the broader nature of technological revolutions is just hilariously foolish.

  8. #28
    A decent internet service


    By Boo Chanco (The Philippine Star) | Updated November 24, 2017 - 12:00am

    After Jack Ma mocked the internet service our telcos provide, I was hoping an overnight miracle will boost the quality of our broadband connectivity. National honor is at stake.

    I am told the telcos have the existing technical capability to vastly improve the broadband service they give us, but would rather that we upgrade our plans to get that. The BPOs are paying for the privilege of getting world class internet connectivity.

    Acting DICT Secretary Eliseo Rio Jr. cited lack of cell sites as one cause of the problem. We had enough cell sites for text messaging, but not when we all started using smart phones. The telcos blamed regulatory problems, notably at the local government level that prevents them from building new cell sites faster.

    Telecoms experts, however, cautioned me that the problem isn't as simple as having more cell sites. Nor is it just a question of having the frequencies of San Miguel, which the two telcos acquired. Indeed, a year after they got the San Miguel frequencies, service quality hardly improved.

    When we had dinner with President Duterte, one topic he was passionate about is bringing competition into the telco business. The President said he fired former DICT secretary Rudy Salalima because he was not working fast enough to improve telco competitiveness.

    As soon as he left, Salalima's acting successor, retired General Rio, made public his plans to increase competition in the telco industry. The cornerstone of General Rio's plan is letting smaller players have direct access to international connectivity as they provide the middle and last mile network, independent of the two telcos.

    Experts tell me we can triple the number of cell sites in the country, but we won't get the speed and cost we want for so long as the two telcos control our international access through their landing stations and exclusive use of satellites that connect us to the world.

    Using satellite for internet connectivity is one obvious solution to our problem, but it can't be done under our current rules. Countries with faster internet than the Philippines, like Japan, Indonesia, Thailand, even Singapore all use satellite broadband.

    The main barrier to satellite use in the Philippines is policy. EO 467 (s. 1998 ) and NTC MC 04-03-99 currently restrict the use of satellites to enfranchised telcos, based on the outdated notion that they are used for voice services, a telco expert explained to me. We need a policy that is more appropriate for the internet Age. "Opening up the market for satellite broadband is an important first step to ensuring that all Filipinos, wherever they are, will benefit from internet connectivity."

    If there is one accomplishment I am confident the Duterte administration will deliver, it is improving our internet service. The President is pretty incensed about the current situation and since he has made public how piqued he is, his officials must deliver results fast? or suffer the fate of Salalima.

    The good news has started to happen. Last week, BCDA and DICT announced a partnership with Facebook to build a P975 million high-speed internet infrastructure called the Luzon Bypass Infrastructure. It will have a capacity of 2 terabits per second, almost equal to the combined capacity of existing telco players.

    Under the agreement, BCDA will bid out the construction of two cable landing stations placed in Baler and Poro Point, while the DICT will operate the facility. Facebook will construct and operate the submarine cable system that will land in the cable stations. This will give us direct connections from Luzon to internet hubs in the United States and Asia. The project is expected to go online in 2019.

    This is good news. Having another source of bandwidth is a welcome change. Sources told me Usec. Denis Villorente has been working tirelessly on this initiative for over a year, but then Sec. Salalima did not want to pursue it. Instead, Salalima wanted government to build cell sites and save the telcos huge amounts in capex. This is probably why President Duterte accused Salalima of conflict of interest.

    This development gives flesh to the plan earlier announced by General Rio to organize cable operators and regional telcos to constitute the backbone of a virtual third telco using the Luzon Bypass Infrastructure to bypass the telco duopoly. But having the bypass infrastructure is not enough. Government must be able to bring this capacity from the middle to the last mile, to our homes and offices.

    Related to these developments is the announcement of General Hermogenes Esperon that government will also make use of satellites to connect to the last mile! They will amend current rules that limit access to satellites to franchised telcos.

    Indeed, General Rio confirmed to me what General Esperon said. "A proposed EO has already been submitted to the Office of the President to make VSATs accessible to even just VAS license holders."

    That means small players like cable TV operators, small telcos, and rural electricity coops that already have middle to last mile infra in place can connect to Google, Facebook and other international satellites without going through the telcos.

    Once satellite becomes mainstream, we can imagine a proliferation of community wireless ISPs getting bandwidth from international satellites and distributing through Wi-Fi. This is how to use technology to induce real competitive behavior in our telco industry.

    The announcement that President Duterte invited Chinese telcos to operate here shows he is desperate to make the telco industry more competitive. Revising the old Public Service Act to take out the telecoms industry from the definition of public utilities is needed. A proposal to this effect is now pending in Congress.

    This is chapter 2 of the saga started by FVR to level the playing field in telecoms. Hopefully, it works this time. New technology can make monopolies and oligopolies things of the past.
    Last edited by Joescoundrel; 11-24-2017 at 01:53 PM.

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