According to an SEC filing released today, the internet’s favorite electronic retailer Newegg will be going public. The offering is being underwritten by JP Morgan, Bank of America, and Citigroup. A date and ticker symbol have yet to come, but the IPO will likely happen before the end of the year.
Newegg has been around since 2001, and sales in 2008 are purported to be over $2 billion. Newegg prides itself on speedy delivery and low cost on some of the most popular electronic goods, and has become a go-to establishment for the cheapest prices on the latest consumer electronics with a computing emphasis.
The issuing is expected to bring in $175 million for Newegg which, according to the sec filing, will in part be used to expand their business to Canada and China.
Venture Capitalists to lose $100 Million Investment
The stage is set for a collaboration between T. Rowe Price and Insight Venture Partners to lose $100 million dollars today in an announcement that the team will be investing in Twitter.
In terms of dollars per user, the T. Rowe team and Insight Venture Partners value each user of the Twitter micro-blogging sight at nearly $40 a head, giving Twitter an estimated total value of $1 billion . The only remaining problem for the partners is how to milk that $40/user out of the jaded user base. Some internet entrepreneurs liken monitization of Twitter to “squeezing water from a rock”.
Twitter, the newest overnight internet sensation, is a text message propagation website with minimal revenue and no working business model to speak of. It differentiates itself from other blogging sites in that it only allows 140 characters or less in blog posts, which is a little less than half the number of characters in this paragraph.
Time will tell whether this investment will pay off, but it seems the lessons learned by venture capitalists in the late 90’s has not yet sunk in for the Price-Insight team.
Crome is a freely available Honda tuning program that, until recently, was extremely popular in Honda tuning circles. It came in both a free version and for pay version called Crome Gold, and is still very popular among hardcore Honda do-it-yourselfers, given that it free and relatively feature rich. One of the features it lacked, however, is Anti-Lag for turbocharged appplications.
Anti-Lag is a way of causing post detonation on purpose in the exhaust system which causes the turbo to spin up, building boost while not causing the engine to be under significant load or risk detonation by sitting on the rev limiter.
While I was browsing http://d-series.org, I discovered one of the users, Speedjunky01, did enough research to come up with a method to induce an anti-lag feature in the Crome tuning application. Here is his procedure:
well seeing as how the two step only builds 1-2psi and just sounds lame off the line, so did some digging over in pgmfi.org
this allows ignition timing to go to negative numbers,
also make sure vtec speed check is NOT disabled
now the slightly confusing part,
set where you want antilag in the add extra features menu
go to your low cam ignition timing and above that RPM retard ignition until it reads -6 from 0″ all the way to the maximum PSI the ecu is reading
Crome Anit-Lag 1
now go to your low cam fuel tables and select the same area of the map as the low ignition tables, hit CTRL + J and adjust fuel by +10-15% (play with it until you hear pop pop pop )
all you have to do is make sure your launch control is set above your vtec activation point.
Crome Anit-Lag 2
Explanation:
when you are standing still, the car will run off ONLY the low cam map since vtec speed check is working, so it will retard timing and add fuel off the line creating a true anti-lag. however once moving the ECU will allow vtec to be activated, so you will never hit that area of the map while moving because vtec will activate and switch over to the high cam
Anyway, this feature is exciting, and something I think a lot of boosted honda fans on a budget can appreciate. Despite all the new innovations coming out in for-pay honda engine management, Crome still has a rabbit or two left in the hat.
Remeber, all the Crome ecu modifications and even the notes here are for reference only, as mycomputerninja.com and its owners take no responsibility for what you do with this information.
