Ohio State students talk agriculture at Farmers Share

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The Ohio State Agricultural Communicators of Tomorrow brought their Farmers Share event to a new location this year – the Waterman Dairy Farm. CFAES organizations teamed up to bus students from central campus to just down the road from the Horseshoe in hopes of teaching fellow students more about the agricultural world. Ohio Ag Net’s Joel Penhorwood is joined by Ohio State’s Marlee Stollar and Joel Sonnenberg to learn more about this year’s event.last_img

Pandora CEO Resigns As Internet Radio Service Sees More Losses

first_imgAfter more than nine years of leadership, Pandora CEO, President and Chairman Joe Kennedy has resigned, making the announcement during Pandora’s quarterly earnings call on Thursday. The company’s board of directors has formed a search committee to find a suitable successor, and Kennedy will stay in his current role until the replacement is brought in.Kennedy and Pandora wished to wind down their relationship on a positive note, citing milestones like 67 million monthly active listeners and 70% market share. But most telling were the company’s revenue and income figures. In fiscal 2013, Pandora totaled $427.1 million in revenue and $255.9 million in mobile revenue, with $125.1 million in revenue for the quarter that ended on January 31.While those numbers beat Wall Street expectations and represent record revenue for the company, it still wasn’t enough to push Pandora into profitability – and Wall Street doesn’t like it when a post-IPO company is growing but still loses money. That likely translated into Kennedy’s decision to step down.On that $125 million in Q4 revenue, Pandora took a quarterly loss of $14.6 million (9 cents per share), which exceeds its year-ago quarterly loss of $8.5 million (5 cents per share) on revenue of $81 million. Given the long string of losses, Pandora has been aggressively seeking ways to wring more cash from its subscribers, including limits on free listening and a fierce lobbying effort against royalty fees.(See also Pandora Remixes Its Free Listening Limits.) The Oakland, Calif.-based music recommendation service has had an up-and-down ride on the market since its IPO in the summer of 2011. Initially, Pandora opened at $16 per share and jumped into the $20s, but has since hovered just into the double-digit mark as the company scrambles to find ways to turn a profit.(See also Could Music Licensing Costs Kill Pandora? Ask Lastfm.)Despite the tumultuous relationship with investors, Wall Street seems to be responding well to Kennedy’s decision: Pandora shares jumped almost 20%, to $13.96, in after-hours trading. 4 Keys to a Kid-Safe App 5 Outdoor Activities for Beating Office Burnout Tags:#internet radio#Pandora#streaming music Related Posts center_img nick statt 9 Books That Make Perfect Gifts for Industry Ex… 12 Unique Gifts for the Hard-to-Shop-for People…last_img read more

A One Million Dollar Logo

first_imgWhat follows is a true story.The salesperson called his contact after learning that he lost the big opportunity for which he and his company were competing. After a long bid process and a tough competition, the low bidder was awarded the business. The salesperson wanted to understand why his prospect chose the low bidder and what he could have done differently to convey the value that he and his company created.There were four finalists. The first three finalists had prices between 1.7 million dollars and 1.9 million dollars. While $200,000 is no small sum of money, it isn’t enough of a difference to disqualify any of the bids; they’re all reasonable, and they all create value for the client.The low bidder’s price was around $800,000. That gap is too large to understand. There is a major difference in price, and that means there is a major difference in the value being created.The salesperson pressed their prospect to understand how they justified choosing a price so much lower, that the business couldn’t be done for that price. The contact told him this story.The contact called the bidding company and asked them why their price was so much lower. He asked whether they could profitably take the business at that price. The salesperson from the winning company told the contact that they were in fact going to lose approximately $1,000,000 by taking the business, but that it was worth it in order to be able to use the prospective company’s logo in their marketing material. (It is a logo that you would recognize, for sure)Assume a 15% gross margin in this business is customary. The winning bidder needs that logo to equate to $6,650,000 in new business to pay for the $1,000,000 they are losing by taking the business.I am certain that the winning bidder sees this as an investment. How do you see it?QuestionsWhat do large price differences indicate when it comes to quality and service?How do your client’s perceive a very low price? How should they perceive the lowest price?How do you provide your clients with the confidence that you can serve them without showing them logos of the companies you serve? (Not always a bad idea, in my experience)What happens to clients who underinvest in the results they need? What happens to sales organizations that don’t capture enough of the value they create to serve their clients?Was the logo worth $1,000,000? Will it equate to $6,500,000 in new sales?last_img read more

Modi’s remarks on Alwar rape aimed at polls: Gehlot

first_imgRefuting Prime Minister Narendra Modi’s remarks on the gangrape last month of a Dalit woman in Alwar, Rajasthan Chief Minister Ashok Gehlot on Monday accused him of targeting the Congress on the issue for political mileage in the sixth and seventh phases of Lok Sabha election.Mr. Gehlot said Mr. Modi had twisted facts as a “ploy to get electoral benefit”.The Chief Minister told reporters here that contrary to Mr. Modi’s claims and despite his attempts to provoke Bahujan Samaj Party (BSP) chief Mayawati, there was no likelihood of the party withdrawing support to the Congress government in Rajasthan.“We will continue to get the BSP’s support. Ms. Mayawati’s concern is natural and justified, as she leads the Dalit community,” he said.Addressing the election rallies in eastern Uttar Pradesh, Mr. Modi had launched an attack on Mr. Gehlot and Ms. Mayawati and dared the latter to withdraw support to the Rajasthan government over the incident. Mr. Gehlot said the State government had already taken prompt action in the matter and the police had arrested all the accused. “The Thanagazi SHO was suspended and Alwar Superintendent of Police was removed. But Mr. Modi is using this incident in his election campaign to personally target me,” he said.The Chief Minister said the State government had decided to appoint Deputy Superintendents of Police (Women’s Security) in each district as nodal officers to supervise investigation into the crimes against women and children. If a police station refused to accept a complaint in such a case, the SP could directly register the FIR, he said.Mr. Gehlot said several cases of rape took place during the previous BJP regime in Rajasthan and a BJP MLA was involved in a rape case in Uttar Pradesh. “Mr. Modi never talked about them,” he said, adding that reports had emerged about BJP leader Hem Singh Bhadana going to the victim’s family with an offer to settle the matter.“Mr. Modi has been personally targeting me on various occasions. This is the latest instance. When I was in-charge [of Congress] during Assembly election in Gujarat, he misled and provoked farmers against me. He has no right to take a high moral ground and generate controversy in a rape case,” Mr. Gehlot said.Mr. Gehlot also accused the Prime Minister of bringing all democratic institutions under the control of Rashtriya Swayamsevak Sevak (RSS) and threatening their very existence. “Democracy and the Constitution are under threat in the BJP’s rule. Mr. Modi wants to win the Lok Sabha election by hook or by crook… He can go to any extent. The Election Commission has become a silent spectator,” Mr. Gehlot said.After Mr. Modi accused Ms. Mayawati of shedding “crocodile tears” on the gangrape, the BSP chief rejected the charge as “dirty politics”. BSP State president Sitaram Meghwal told The Hindu that Ms. Mayawati was closely monitoring the progress of investigation in the case and his party would ensure that the criminals were brought to justice.last_img read more

The YahSat 1B satellite was successfully launched

first_imgThe YahSat 1B satellite was successfully launched from Baikonur onboard a Proton-M launcher on Monday night.The satellite, owned by UAE-based YahSat, which includes a Ka-band payload, will provide services to customers in the Middle East, Africa, Europe and south-western Asia. YahSat 1A was launched last year from French Guiana onboard an Ariane 5 rocket.last_img

Smith School Entrepreneurs Accepted into Terp Startup Incubator

first_imgPast Terp Startup participants have gone on to achieve success in business pitch competitions, including 2016 Cupid’s Cup winner Javazen, and 2017 Pitch Dingman Competition first and second place winners Curu and CourseHunter. regions: Baltimore / Washington, DC Last Updated May 2, 2017 by Max PulciniFacebookTwitterLinkedinemail The Dingman Center for Entrepreneurship at the Robert H. Smith School of Business has announced that it has accepted 10 startups into the Terp Startup summer incubator program. Terp Startup is the final phase of the center’s three-stage Fearless Founders Accelerator.Only the best of the best make it to Terp Startup—students must go through a lengthy application process where they must prove why their startup is worth it. Those who are accepted receive a stipend of up to $5,000, access to the Smith School’s incubator space, and a dedicated mentor to help them grow their businesses over an eight-week period in the summer.Chris Rehkamp, the Dingman Center’s student venture programs manager and head of Terp Startup, says that he organizes a variety of activities, workshops and field trips designed to help each startup learn more about the specific challenges of venture creation.“The applicants for this year’s Terp Startup cohort were really strong,” said Rehkamp. “I am so excited about the diversity of backgrounds and skill sets of this group. Their commitment to learning from one another and adding value to the cohort is a universal sentiment. I know we’re going to get a lot done this summer!” Some of this year’s startups include:Dark Sonar Technologies, LLC: a cybersecurity company that detects and prevents threats on websites and mobile apps by providing automated identity and access management software.Kodactive: a platform for teaching students Computer Science through interactive programmable STEM toys and a project-focused curriculum. Current products include a RC Car equipped with sensors to make it self-driving, as well as a Kodactive Krane which teaches students about sorting algorithmsSymbiont Health: This startup has developed automated fall detection devices to account for the millions of elderly falls that are due to a sudden loss of consciousness. Smith School Entrepreneurs Accepted into Terp Startup Incubator RelatedTop Entrepreneurship MBAs in BaltimoreIt may not be New York or San Francisco, but Baltimore is gaining a reputation as a hotbed for startups and entrepreneurs. Last year, Entrepreneur Magazine placed Baltimore second on a list of “Hot Startup Cities That Aren’t San Francisco or New York,” emphasizing its concentration of companies working in…October 11, 2016In “Featured Home”Dingman Center Provides Funding for Fearless Founders Hatch ClassThirteen entrepreneurs and groups of entrepreneurs in the Spring 2015 Hatch Cohort of the Fearless Founders program at the Robert H. Smith School of Business at the University of Maryland have received a total of $11,000 in capital to support their businesses. Capital One provided a $2,500 minimum viable product…May 22, 2015In “Featured Region”Smith School’s Dingman Center for Entrepreneurship Launches Bootstrapped PodcastNew media is everywhere, and comes in some many new forms — Twitter, Snapchat, Instagram, Apple News. Nowadays media, news and information is now delivered in every imaginable way across a plethora of internet platforms. Another example of new media on the rise is the podcast — essentially the internet…May 17, 2016In “Featured Region” About the AuthorMax PulciniMax Pulcini is a Philadelphia-based writer and reporter. He has an affinity for Philly sports teams, Super Smash Bros. and cured meats and cheeses. Max has written for Philadelphia-based publications such as Spirit News, Philadelphia City Paper, and Billy Penn, as well as national news outlets like The Daily Beast.View more posts by Max Pulcini last_img read more