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Adam Jackson  

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  • Twitter: The Undervalued Social Giant [View article]
    Some people are indeed talking about the Bloomberg/Twitter deal. I discussed it here just a couple of weeks ago, and would be interested in your thoughts on my article:
    Oct 2, 2015. 06:15 PM | Likes Like |Link to Comment
  • Dorsey to reportedly be named Twitter's permanent CEO; shares rise [View news story]
    Does this mean Dorsey will split his time between Twitter and Square?

    And what do people think this portends for Twitter's monetization efforts?
    Sep 30, 2015. 02:03 PM | Likes Like |Link to Comment
  • FactSet acquires Portware for $265M [View news story]
    There's been a lot of consolidation in the EMS and OMS space over the past few years.

    Where do people see the cost savings here?

    It would interesting to know how (if at all) FactSet might plan to integrate their namesake terminal product with Portware.
    Sep 22, 2015. 10:35 AM | Likes Like |Link to Comment
  • Biotechs take it on the chin after Hillary tweet about plan to address drug price gouging; IBB down 5% [View news story]
    An example like this illustrates the power of Twitter to move markets. I suspect it's a big opportunity for Twitter:
    Sep 21, 2015. 04:28 PM | 2 Likes Like |Link to Comment
  • Twitter's Big Opportunity: Monetizing The Fire Hose For Financial Professionals [View article]
    Periscope certainly has a large current user base, which could grow significantly -- but as far as I see it, Periscope's users are generally looking for entertainment, rather than using the service as a necessary money-making tool for their business.

    The Guardian has a nice summary of "the 10 types of people" on Periscope:

    How many of these examples or use cases do you think could create a real revenue stream for Twitter -- other than by adding advertising to the streams somehow?

    By contrast, standard Twitter text feeds can be easily tagged, searched, analyzed -- and the content can be quickly recognizable as something useful for business.
    Sep 20, 2015. 07:26 PM | 2 Likes Like |Link to Comment
  • Twitter's Big Opportunity: Monetizing The Fire Hose For Financial Professionals [View article]

    Interesting that you note that Eikon has a better interface and curation than Bloomberg here.

    However, better filtering isn't always what everyone wants:
    -- For users who value Twitter for short-term trading signals, any filtering could prejudge what is valuable and what is not valuable, which could distort matters especially in an algorithmic context.
    -- For fund managers making longer horizon investment decisions based on Twitter data, a curated feed might be better.

    The key for all these platforms is to figure out which users need what, and provide the best user experience for those who want to use Twitter data.

    Regarding your second point, I think good data analysis goes a long way to dealing with quality concerns. Dataminr managed to flag the famous fake AP tweet about the White House attack which flash crashed the market in 2013 as dubious. From a WSJ article: "In the case of Tuesday's commotion, Dataminr's computers not only flagged the event but the algorithms noticed quickly that there was no corroboration. Unlike the Boston Marathon bombing a week earlier, there were none of the telltale signs of a disaster: no sudden swell of tweets from people in the vicinity of the White House, for instance, Mr. Bailey said. The company alerted customers to another tweet, from a reporter at the White House, saying the report appeared to be a false alarm." See
    Sep 18, 2015. 03:14 PM | Likes Like |Link to Comment
  • Twitter's Big Opportunity: Monetizing The Fire Hose For Financial Professionals [View article]

    You're right that financial news on Twitter doesn't make up a large proportion of total content.

    In addition, by raw number of users, investors and traders are nothing close to a majority of Twitter's user base, or even the core users they have been trying to attract.

    That said, they may be among Twitter's most profitable users, if Twitter manages to monetize them effectively.

    A fund manager or trader's answer to the question "how much would you pay to know about X first" is often "a lot of money" -- proved by developments such as funds who build their own data pipelines to shave a few seconds off , data center co-location with exchanges, access to early-released data. For example:

    In any case, it's not just financial news per se which is valuable to making investment decisions: political developments, environmental disasters, a company's behavior towards its customers -- all these can move markets.
    Sep 18, 2015. 02:55 PM | 2 Likes Like |Link to Comment
  • Twitter's Big Opportunity: Monetizing The Fire Hose For Financial Professionals [View article]

    Back in 2010, before the company was bought by Twitter, Gnip was apparently making "tens of thousands of dollars per month" selling tweet data to companies. This doesn't seem to have been the full fire hose:

    At the same time, they were selling access to 50% of Twitter's full fire hose for $360k/yr. (Twitter retained the ability to sell the full fire hose themselves. I don't know what the pricing for the "full fire hose" was then: I would assume something less than $720k/yr to account for a volume discount.)

    Clearly, Twitter had many fewer users five years ago, and at that point the use cases for the fire hose in trading and investing contexts were less well known. Yet even then the price point seems too low for what it provided to the users who really value the data:

    Now, pricing on Gnip's website is opaque:

    Does anyone know what Twitter+Gnip charge data clients who want full access now?
    Sep 18, 2015. 02:52 PM | 1 Like Like |Link to Comment
  • Partnership Is Air New Zealand's Answer To Litmus Test [View article]
    Air New Zealand has done two things in recent years which have increased revenue: they installed 10 seats in each row of their 777s and they introduced, on some planes, the SkyCouch -- which is a way of selling sets of 3 of those economy seats for a premium economy price.

    By contrast, Qantas doesn't fly the 777 and they fit 3/4/3 seats into the 747 and the A380 and 2/4/2 into the A330. Luckily for passengers, they haven't (yet?) gone with 3/5/3 on the A380 which Airbus demonstrated recently:

    In general, one result of the industry's move to cramming more seats into "standard" economy is to increase the appeal of premium economy cabins, which more airlines now offer -- both NZ and QF have them.

    Yet as long as most economy class travelers buy tickets only for the lowest price and place no specific value on the space or comfort they get, airlines will continue to pack more seats into economy class.

    Unbundling has allowed airlines to increase revenue from paid seating reservations, paid checked baggage, and other amenities -- and the GDS platforms are now starting to include these "add-ons" in their search and pricing functionality. Perhaps if search engines came up with a way of allowing ticket buyers to compare the "price per square inch of space" and thereby compare the value, more economy class passengers would start to make purchase decisions based on more criteria than sticker price alone?
    Sep 10, 2015. 10:18 AM | Likes Like |Link to Comment
  • Second Leg Of Stock Market Correction Looms Despite ECB Support [View article]
    When you say "capitulating", do you mean that you see things falling further on Tuesday or reversing and turning upwards again?
    Sep 3, 2015. 02:46 PM | Likes Like |Link to Comment
  • AIG freezes defined-benefit pension plan [View news story]
    Of course the value of AIG's 401k plan to their employees depends on the flexibility of the investments they offer inside that plan, and how fully and quickly any match they provide actually vests.

    In addition, does the match occur and/or vest throughout the year or does it come in a lump sum at year end? (That kind of policy, which they ultimately reversed, got AOL a lot of flak last year.)

    A bad selection of mutual funds with high fees and restrictive vesting/deposit policies might make those "larger annual contributions to employees' accounts" much less attractive in reality...
    Sep 3, 2015. 02:24 PM | 1 Like Like |Link to Comment
  • Whole Foods Market talks new value brand [View news story]
    Fascinating. I wonder whether WFM will use their new Harlem location in NYC as a place to try out the new concept?

    There's already a Whole Foods at 97th-100th St (which has WholeFoods' only NYC wine store next door). Further north in Manhattan, gentrification is extending into much poorer neighborhoods. The nearest large supermarket to WholeFoods planned Lenox Ave and 125th Street location is PathMark at 125th/Lexington Ave which clearly serves a much lower-income demographic.

    Opening a cheaper WholeFoods on 125th St might allow them to appeal to both higher-income recently-arrived residents and more established lower-income Harlem stalwarts.
    May 7, 2015. 01:19 PM | Likes Like |Link to Comment
  • Apple Short Interest Plunges Again [View article]
    Bill's article was actually mentioned this morning on CNBC, and you can watch the clip in question on Seeking Alpha here:

    The relevant video is the most recent clip (as of Monday 29th December, 11:20 eastern time) titled "What matters for Apple in 2015".
    Dec 29, 2014. 11:24 AM | 2 Likes Like |Link to Comment
  • Alcoa to buy German titanium manufacturer [View news story]
    You can now watch many of these CEO interview segments from CNBC on the Seeking Alpha site itself.

    See the interview with Klaus here:

    and read more about the partnership here:
    Dec 19, 2014. 08:51 AM | Likes Like |Link to Comment
  • France's Atos to buy Xerox's IT outsourcing arm for $1.05B [View news story]
    Interview with Atos' CFO here about the transaction:
    Dec 19, 2014. 08:26 AM | Likes Like |Link to Comment