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Emerging companies - Mid caps that can become large cap
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Emerging companies - Mid caps that can become large cap
Message Icon Topic: Web 18 - Comparable global valuations! Post Reply Post New Topic
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investor
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Quote investor Replybullet Posted: 11/Jun/2007 at 10:39am
Other than moneycontrol(which we all know is a genuine hotcake, just listing it alone could probably make Infoedge look like a dwarf!),  i feel poweryourtrade and jobstreet are the ones which could help WEB18 make some money. Others like tech2.com(does anyone even visit that site?) indiaearnings.com(max possibility of vistors during 2 weeks, 4 times in year ??) really do not make sense from a business point of view.

Yes, you are right, most of cricket portals are for score updates
through the working hours. I dont think anyone has actually clicked on
an ad while browsing the scorecard(this applies for cricinfo too, i dont see
how they are making any money from running the website). So i'm not saying cricketnext will go the total-cricket.com way, but how is cricketnext going to earn any revenues?

The only time i visit cricketnext is when i click on some cricket news story
on ibnlive.com and that takes me to cricketnext.com links, but im sure sure
most people hardly notice that.

BTW, ibnlive.com has potential - any idea whether ibnlive.com comes under GBN or WEB18?

Originally posted by basant

I think they have 50% in JobStreet but will jobstreet succeed amongs the monstor and naukri? Your take.
 
About those cricketnext questions my answers are almost identical to what Kulmanji has said. Now let me add that because web18 owns cricket next I visit it in a few days and then keep comparing it with cricinfo but otherwiese I do not feel any urge to visit this website.
 
I think 90% of the netusers visit these portals for the scorecard when they are at work(office).
 
No idea what they paid for Cricinfo! Overall your logic makes tremendous sense but just for cricketnext I am a bit more hopeful!!!


Edited by investor - 11/Jun/2007 at 10:40am
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deveshkayal
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Quote deveshkayal Replybullet Posted: 11/Jun/2007 at 10:50am
BTW, ibnlive.com has potential - any idea whether ibnlive.com comes under GBN or WEB18?
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GBN holds 15% stake in Web18 while TV18 holds remaining 85% stake.
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Quote smartcat Replybullet Posted: 12/Jun/2007 at 12:12pm
Perhaps cricket websites will start making money after bandwidth becomes inexpensive or there is a major improvement in video streaming technology? Sony Network could stream live cricket feed to cricketnext.com and cricketnext.com could earn a part of the advertising revenue.
 
Imagine listening to incisive, thought provoking and unbiased commentary of Mandira Bedi - right on your desktop! LOL
 
When were these companies acquired, as internet property valuations has seen huge fluctuations in last 8 years. 
 
Most of them in 2005 / 2006, not during the dotcom boom. Just do a quick google search for 'CompanyName Acquisition' for details.
 
no other portal from the Web18 group can even be compared with the market leaders, so the point of doing a valuation at this stage is really not that useful. 
 
If you ask me the question - Will Web18 properties achieve this kind of valuation, my honest answer would be - 'I don't know'. 
 
The idea of the valuation chart is to answer questions like - Why is TV18/Web18 spending so much resources on websites like Tech2.com or Indiwo.com?
 
Also, as I mentioned sometime before, you don't have to be No.1 to make money on the internet. For example - eventhough Expedia.com is probably the no. 1 travel site, others like Travelocity.com and Orbitz.com are no small fish.
 
On the internet, there is enough room for everybody.
 
 
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Quote basant Replybullet Posted: 12/Jun/2007 at 12:16pm
Originally posted by deveshkayal

BTW, ibnlive.com has potential - any idea whether ibnlive.com comes under GBN or WEB18?
-------------------------------------------------------------------------------------
GBN holds 15% stake in Web18 while TV18 holds remaining 85% stake.
 
Actually all brokearges are gtting the shareholding wrong Web18 is held by the folowing entities:
 
TV18 - 76.5%
GBN - 13.5%
Tracer Capital - 10%
 
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Quote kulman Replybullet Posted: 12/Jun/2007 at 12:17pm
Imagine listening to incisive, thought provoking and unbiased commentary of Mandira Bedi - right on your desktop!
 
------------------------------------------------------------------
 
I would rather have it on laptop.................anyways...pasand apni apni, khayaal apna apna !!
 
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Quote investor Replybullet Posted: 12/Jun/2007 at 12:29pm
Ok. But actually my question was whether ibnlive.com comes under Web18(since it is a portal, and Web18 is supposed to hold all the group's portals) or does it come under GBN, since it is CNN-IBN's online arm.
Where will the revenue from ibnlive go to?

Originally posted by basant

[QUOTE=deveshkayal]
Actually all brokearges are gtting the shareholding wrong Web18 is held by the folowing entities:
 
TV18 - 76.5%
GBN - 13.5%
Tracer Capital - 10%
 
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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Quote smartcat Replybullet Posted: 12/Jun/2007 at 12:30pm
Kulman Ji, aren't you a bit too old for comments like that? Geek
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Quote kulman Replybullet Posted: 12/Jun/2007 at 12:36pm
Kulman Ji, aren't you a bit too old for comments like that?
 
------------------------------------------------------------
 
Maybe, but some people are too naughty to take the different meaning. I was actually and seriously talking about latest technology where Laptops are more common & convenient than desktop PCs.Cool
 
 
 
 
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