Local.com Corp. (NASDAQ:LOCM)

Flankenking (< 20) Submitted: 12/31/2011 11:26:59 AM

Recs: 0

Unique Local Technology Portfolio 29-Dec-11 02:28 pm • 9 patents issued, 8 pending in local/mobile/data/display

Section "L o c a l.com"

• Multiple databases with millions of SMB listings to validate business information

• We crawl the web and use our proprietary Keyword DNA™ + web indexing algorithms to generate all our search results

• Ingest real-time ad and data feeds from multiple partners

• Syndicates those feeds to over 100,000 sites

Section "Octane360"

• Highly scalable geo-category domain acquisition

• Automated website hosting & mgt. features

• Content marketplace for the procurement, creation, payment and management of custom local content for SMB websites

Section "Krillion"

• Pulls real-time product inventory directly from manufacturers, retailers

• Data aggregation and normalization technologies and know-how

• Product-based search results

Section "Rovion"

• Rich media ad management and serving platform

• Automated creation, production, management and serving of ads

• Rovion ‘in-person’ video unit

• Green screen studios & network

Section "Spreebird"

• A fully featured group-buying distribution platform

• Personalization engine driving enhanced user experience

• API, RSS, widget syndication for our regional media network and planned partners

Flankenking (< 20) Submitted: 12/31/2011 12:09:44 PM

Recs: 0

Compare the valuation of Facebook and Yelp with other's

Big Divergences - Compare of 20 companies

Groupon: Valuation 12,000 million, revenues 1,600 million, 7.5-times-revenues

Google: Valuation 190,000 million, revenues 29,000 million, 6.5-times-revenues

Facebook: Valuation (estimate) 100,000 milllion, revenues 3,800 million, 26-times-revenues

L o c a l.com: Valuation 48 million, revenues 100 million, 0.5-times-revenues

Travelzoo: Valutation 450 million, revenues 160 miilion, 2.8-times-revenues

Zynga: Valuation 9,000 million (reduced estimate), revenues 1,000 million, 9-times-revenues

Lululemon: Valuation 7,000 million, revenues 500 million, 14-times-revenues

Open Table: Valuation 860 million, revenues 140 million, 8.1-times-revenues

Linkedin: Valuation 6,150 million, revenues 450 million, 13.6-times-revenues

Apple: Valuation 366,000 million, revenues 110,000, 3.3-times-reveneus

Pandora: Valuation 1,690 million, revenues 270 million, 6.25-times-revenues

Zillow: Valuation 680 million, revenues 50 million, 13.6-times-revenues

Priceline: Valuation 24,000 million, revenues 4,500 million, 5.3-times-revenues

Expedia: Valuation 7,500 million, revenues 4,000 million, 1.9-times-revenues

Infospace: Valuation 400 million, revenues 210 million, 1.9-times-revenues

Apple: Valuation 354,120 million, revenues 110,000 million, 3.2-times-revenues

Angi’s List: Valuation 800 million, revenues 90 million, 8.9-times-revenues

Twitter: Valuation 8,000 million, revenues 140 million, 57-times-revenues

Ebay: Valuation 40,000 million, revenues 11,000 million, 3.6-times-revenues

Flankenking (< 20) Submitted: 1/2/2012 7:37:32 AM

Recs: 0

Read additional the exellent presentation:

http://www.youtube.com/watch?v=6LPXZEvHoFg&feature=related

It is easy to see, that valuation with only 0.5-times-reveneus is complete nonsense.