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MidwestBusiness.com Daily Dispatch

December 11, 2007

TOP STORY

Notebook: Facebook's $15 Billion Valuation an Aberration, VCs Say By Brad Spirrison
CHICAGO -- In this week's Reporter's Notebook, we survey a few Chicago VCs who say a $15 billion valuation for social networking giant Facebook is an aberration. We also introduce you to the new Blog Council (formed by word-of-mouth author Andy Sernovitz) and highlight Westell Technologies. Facebook could be a prelude to a second dot-comedy. The ascent of Facebook, which was founded in a Harvard dorm room nearly four years ago, is no doubt the story of 2007 in the Internet industry as it now has 50 million users and a $15 billion valuation. 12/11/2007 1:18:00 PM \| State: Illinois


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Illinois

		Video Interview: IBM Partner on Creating Innovative Global Supply Chains CHICAGO -- We hear from IBM partner and vice president Bruce Anderson in Chicago. He leads an 850-person practice that's helping firms globalize supply chains. Published: 12/11/2007 11:14:00 AM \| Column Name: Video Interview \| State: Illinois \| Source: MidwestBusiness.com

		Delayed 787 Production Schedule For Chicago-Based Boeing Stays Unchanged Published: 12/11/2007 10:55:00 AM \| State: Illinois \| Source: Crain's Chicago Business

Michigan

		University of Michigan to Open Referral Service For Business, Entrepreneurs Published: 12/11/2007 11:05:00 AM \| State: Michigan \| Source: Crain's Detroit

Minnesota

		Minneapolis-Based Target Corp. Agrees to Pay $500,000 to Settle EEOC Suit Published: 12/11/2007 10:57:00 AM \| State: Minnesota \| Source: Business Journal of Minneapolis/St. Paul

Wisconsin

		AT&T U-verse Debated as Milwaukee's Low-Income Areas Lack Alternative Published: 12/11/2007 10:52:00 AM \| State: Wisconsin \| Source: Milwaukee Journal Sentinel

PHOTO GALLERY

Chicago Holiday Party Season in Full Force With CIMA, ITA Gatherings

CHICAGO -- The MidwestBusiness.com sales team on Dec. 6 hit up two -- yes, two -- raging technology parties and found that the holiday season certainly is in full force. Most of you can tell by the increasing number of co-workers who straggle in later than usual every morning. First up was the ITA holiday party. The second stop on the MidwestBusiness.com wagon was the CIMA party.
12/11/2007 4:05:00 PM

UPCOMING EVENTS

Common Legal Pitfalls for Consultants

12/11/2007

IT Trends Forecast: 2008

12/12/2007

IMA Legislative Briefing & Reception

1/23/2008

Fusion 2008 CEO-CIO Symposium

3/5/2008

ABA TECHSHOW 2008

3/13/2008

PRAIRIE FLASH

Freddie Mac will lose an additional $5.5 billion to $7.5 billion. The government-sponsored company has already logged about $4.5 billion in losses.

12/11/2007

U.S. House Judiciary Committee members have reached a deal on legislation to give bankruptcy judges more flexibility to alter the terms of some mortgages.

12/11/2007

Despite their recent propensity to crash into bankruptcy, U.S. auto parts companies are attracting growing numbers of private-equity investors.

12/11/2007

Sears Holdings can now examine Restoration Hardware's confidential financial data after agreeing not to solicit investors to sell their shares.

12/11/2007

Former newspaper mogul Conrad Black was sentenced on Monday to 6.5 years in prison for swindling shareholders out of millions of dollars.

12/10/2007

More than one in eight households have cell phones but lack traditional landline telephones, according to a federal study released on Monday.

12/10/2007

Cleveland-based Horsburgh & Scott, which is a maker of industrial gears and gear drives, has been purchased by Bolder Capital in Chicago for $43.5 million.

12/10/2007

Chicago-based Unitrin says it has agreed to sell its Unitrin business insurance operation to Amtrust Financial, which is a New York insurance provider.

12/10/2007

Marketplace Ad Directory

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IN DISCUSSION

READER POLL

	Midwest personnel changes Created: 6/26/2007 12:24:18 PM
	MidwestBusiness.com video coverage Created: 5/6/2007 8:21:41 PM
	MidwestBusiness.com podcast 2.0 Created: 5/6/2007 8:20:09 PM
	Top 10 Web sites in Missouri Created: 4/30/2007 11:57:41 PM
	Top 10 Web sites in Wisconsin Created: 3/29/2007 2:33:19 PM
	Media partner: Small Business Times Created: 3/20/2007 3:10:39 PM

Should Chicago build a casino? Is there a correlation to landing the Olympics?

Yes, and there is no correlation to the Olympics.

(33.33%)

No, and there is no correlation to the Olympics.

(25.00%)

Yes, and there is a correlation to the Olympics.

(33.33%)

No, and there is a correlation to the Olympics.

(8.33%)

ePRAIRIE RUMOR MONGER		Post a message

Hot Microsoft SQL-Server DB Development positions and...	8/14/2006

Hot Microsoft SQL-Server DB Development positions	7/6/2006

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JAVA Developer	12/28/2006

State Director Position-Indiana SBDC Network	11/20/2006

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