My friend Tim Hunt, a venture-backed entrepreneur whose company Lingotek is located at the Novell Open Source Incubator in Provo, called me the other day and said they have a new job opening for someone in internet marketing and sales.
I just got an email from Ancestry announcing new affiliate commission and better support for affiliates starting on August 1st. The new commissions include 5 tiers and get top affiliates up to 50% commissions. Plus, the call center now has a way to track phone calls and credit affiliates for generating the calls.
A few highlights from the Shutterfly S-1:
- $83.9 million in revenue last year with net income of $28.9 million (But $24 million was from a one-time tax benefit recognized in Q4 2005. The revenue growth is strong year over year.
- They have stored more than 900 million customer photos in their archives.
- They have sold 300 million prints in 11 million customer orders.
- 84% of their customers are female. This is a bit surprising to me.
I'm so happy for everyone associated with Omniture for successfully completing its IPO today. The shares opened at $6.50 and ended the day up slightly at $6.53 per share. Visit Yahoo Finance for more. This high tech IPO is a big deal for Utah, which needs more IPOs. And Omniture now has a war chest to help it maintain its leadership position in the web analytics space.
While living in Silicon Valley in 1999-2000 and because MyFamily.com was in the photo-sharing space, I had the privilege of meeting with key people at most of the early photo-sharing sites. I remember one meeting in our Howard Street office with some folks from Shutterfly.com. Lots of companies wanted to partner with MyFamily.com because we had millions of photos (in private family websites) and they had ways of getting those photos into prints, calendars, mugs, and other products.)
I wrote a Connect magazine article recently where I praised Josh Coates, a Silicon Valley entrepreneur who moved to Utah a couple of years ago to build an exciting company that offers free remote backup for any computer user. You can back up all of your most important files at no cost! This is a no-brainer! Check it out. It's especially nice for backing up your laptop.
Wasatch Digital IQ has a nice article about Utah's deal flow in 2005. A great quote from Steve Grizelle about several Utah companies getting big and acquiring other companies. I'm particularly impressed to learn that SkyWest is now the nation's largest regional carrier with 2,400 daily flights and 14,000 employees. Here's a very intesting fact: SkyWest has 380 aircraft compared to Southwest's 441 aircraft. (Probably a major difference in the size of the aircraft, though, I'm guessing.)
Bill Nguyen's latest company: La La Bill Nguyen is one of the smartest entrepreneurs I've ever met. (Ranks up there with Josh Kopelman.) I met him when MyFamily.com partnered with him in 1999 to provide his Onebox.com email/audio unified messaging service to our users. He is full of ideas and boundless energy.