Four candidates running in Peace River South

first_imgFour candidates are in the running for MLA in Peace River South.Minister of Energy, Mines and Petroleum Resources, Blair Lekstrom will take on Pat Shaw from the NDP, Grant Fraser from the Green Party and Donna Young, who will run as an independent.Friday was the nomination deadline for candidates all over the province. – Advertisement –last_img

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Why Pinterest Could Be Worth Far More Than $2.5 Billion

first_imgGuide to Performing Bulk Email Verification Tags:#Finance#Pinterest#social media#Venture capital#Venture Funding A Comprehensive Guide to a Content Audit The Dos and Don’ts of Brand Awareness Videos Guest author Derek Brown is a technology executive and analyst who blogs at One Blind Squirrel.Pinterest is a three-year-old start-up with what is rumored to be no revenue to date. Zero. In fact, by all accounts, it hasn’t even attempted to generate revenue yet. In three years! Hard to fathom in this day and age, isn’t it?And, yet, some of the sharpest minds in the venture capital community are so confident in Pinterest’s team and business that they recently invested in the company at an eye-popping valuation of $2.5 billion. Yes, billion!If you were involved in the Internet economy of the late-1990s, as was I, you may be rolling your eyes right about now and muttering to yourself about Pets.com, Kozmo, Webvan, theGlobe.com, govWorks, Boo.com, eToys and all the other so-called-companies that were, for one brief moment in time, valued as if they had discovered the cure to cancer, only to be out of business a few short quarters later. Ahh… the memories.Assuming that Pinterest’s investors share many of the same recent memories (or, more aptly, nightmares), what could be so compelling about the company and opportunity that would justify their support of such a lofty valuation this time around?Passion At ScaleIn short, I believe it is the economics of passion at scale.Pinterest, in its own words, is “a tool for collecting and organizing things you love).” (Italics mine.) By pinning images from around the Web to their own board(s) or browsing others’ pinboards for images (which can then be “liked” or “re-pinned” to their own board(s)), users are able to create, manage, share and discover highly personalized image collections that define their passions.Vintage fashion. Wind surfing. Gourmet cooking. Disneyana. Digital photography. Wedding gowns. Home decor. Camping. Italian design. Rolex watches. Travel planning. Architecture. Mid-century furniture. Urban farming. Knitting. Cross-Fit… The list of people’s passions is literally endless; and, Pinterest helps its users collect, organize and maintain all of them. On their own (or, with the help of the broader community). In granular, image- and/or SKU-specific detail.Self-identified passionistas on a product-by-product basis — are you kidding? I’m not sure a marketer or merchant could dream of more fertile ground among a set of unknown people, short of seeing a prospective customer standing directly in front of items on a shelf, with cash already in hand. And, I’m not even convinced that would be more compelling on a long-term basis.What could possibly be better? How about having that level of insight into the interests and intents and aspirations of not hundreds of thousands, but tens of millions, of people per month! According to press reports, Pinterest is already doing just that, hosting roughly 30 million unique monthly visitors who are generating more than 2.5 billion page views, the majority of which are likely coming through little more than domestic word-of-mouth promotion.Fast forward three years and I think it’s entirely reasonable to assume that Pinterest is successful at growing its user base and traffic flows by 5 times, fueled by existing users continuing to build out their identities, waves of more mainstream domestic users finally catching on and contributions from millions of new pinners (their word, not mine) in overseas markets. That’s a lot of passion under one roof!Passion PaysOn the business side of the house, passion pays. Extremely well.Advertising, alone, could generate several hundred million dollars of revenue per year. Let’s say, hypothetically, that Pinterest follows in the footsteps of virtually every sizable media company on the planet, by introducing advertisements of some sort across its pages in the next few years. With marketers across every vertical likely salivating at the prospect of reaching into the company’s massive, impassioned and finely segmentable audience, it seems more than plausible that advertising rates across the company’s site could be at least 50% higher (if not considerably more) than the current industry average. Accordingly, with 12.5 billion page views per month (three years from now) and a site-wide CPM of, say, $4, Pinterest would generate advertising revenue of roughly $50 million per month, or about $600 million per year.And yet, despite this sum, Pinterests more intriguing revenue opportunity at Pinterest lay in its role as a direct facilitator of online commerce.Passions, as we all know, cost money — lots of it, over extended periods of time; and, it is money that we are, on some level, actually excited to spend. So, whether it’s a weekend warrior who pins a Burton snowboard, or a hobbyist portrait photographer pinning a Zeiss lens, or a budding interior decorator who pins the perfect accent table on Fab, Pinterest has the potential to become an economic kingmaker when these enthusiasts transition into consumers looking to purchase the goods/services that bring their passions to life.Projecting Pinterest’s NumbersTo appreciate the financial implications of Pinterest’s role in the transaction cycle, think of the service as a massive affiliate that gets paid for delivering customers to online merchants. If just ~3% of its 150 million+ users (three years from now) decide to indulge in their passions by clicking from a “want-to-have” product image on one of their own Pinterest boards to a relevant online merchant, the company could claim a direct role in driving 4.5 million transactions per month. Assuming an average transaction size of $200 (remember, people are buying their passions, not everyday staples), Pinterest’s users would account for ~$900 million worth of monthly purchases. Were the company to receive a 7% affiliate “take”/lead fee/commission on these sales, it would generate transactional revenue of about $60 million per month, or $720 million per year.As if annual revenue of $1.3 billion (from just two sources) weren’t enough, the company’s margin profile has the potential to be the envy of most. Based on my 15+ years of experience evaluating a wide variety of online marketplace business models, it wouldn’t surprise me if Pinterest were able to sustain gross margins of 90% or more and adjusted EBITDA margins comfortably in excess of 25% (even while continuing to invest heavily in future growth). At these levels, the company would generate adjusted EBITDA of approximately $325 million per year.Worth It? Or Not?So… were Pinterest’s investors ultimately wise to value the company at $2.5 billion? No comment.Will the company generate any annual revenue, let alone $1.3 billion, and adjusted EBITDA of $325 million in a few short years? I don’t know.Will Pinterest eventually be worth $5 million or $50 billion? I can’t wait to find out.Those purposeful vagaries aside, though, I clearly see the underpinnings of a company with tremendous potential and, if I squint just enough, a business that could be the driver of billions of dollars of passion-fueled online commerce each year — and that’s a position that few companies ever even have the chance to dream about.center_img derek brown Facebook is Becoming Less Personal and More Pro… Related Posts last_img read more

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The Two Things Standing Between You and Success

first_imgDoing one or both of these things will prevent you from succeeding in living your purpose.Seeking PermissionYou don’t need anyone’s permission to pursue your own dream or to live your own purpose. Truth be told, you have never needed it.Seeking permission is to deny that you are empowered to pursue your version of success, that thing that will most fulfill you. It is to deny yourself of your purpose, the difference you are here to make, your contribution.No one has the right to deny you these things, so it follows that no one has the power to stop you. The only people with the power to stop you from living your dream and your purpose are the people you mistakenly invest with that power.You don’t need to ask for anyone’s permission. You give yourself permission (and here is your permission slip).I have a death mask of Napoleon on my office wall. It’s to remind me that no one gives you permission; you take it.Seeking ApprovalThere is an equally dangerous obstacle standing between you and success. That obstacle is your need for approval.Everyone wants to be liked. We need to be loved, and we need connection. Those needs can drive the need to seek approval. But seeking approval is dangerous.There will be plenty of people who don’t like what you decide to do. There will be some who oppose what you do. There will be some who are jealous and withhold their approval because they fear what you will become.You don’t need anyone’s approval. You don’t need to check with anyone to see if your dream and your purpose is valid. The only dream and purpose they are qualified to approve is their own.You already have the support of the people who love you unconditionally. The people you are meant to serve are going to recognize that in what you do, and they have been waiting for you all this time. They already approve.Just like you give yourself permission, you have to love yourself enough to approve of your version of success. In the end, your approval is the only approval you will ever need.Stop waiting for permission. You already have it. Stop seeking approval. Yours is enough. Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Nowlast_img read more

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9 months agoHuesca ask Real Madrid for Andriy Lunin

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Huesca ask Real Madrid for Andriy Luninby Carlos Volcano9 months agoSend to a friendShare the loveHuesca have asked Real Madrid about a loan deal for Andriy Lunin.Lunin has battled for minutes while with Leganes this season.Marca says Huesca have made an ambitious loan request to Los Blancos for the Ukrainian.During his loan spell with Mauricio Pellegrino’s team, Lunin has played just two league matches and, with the club unlikely to progress past Los Blancos in the Copa del Rey, the opportunities for him to play for the remainder of the campaign look severely limited.In his pre-match press conference on Friday, the former Southampton coach made clear that Leganes were in the market for a new stopper, and this suggests that the departure of Lunin isn’t impossible, as many may have thought when the window opened. last_img read more

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20 days agoGenoa coach Andreazzoli: We did not deserve defeat to AC Milan

first_imgGenoa coach Andreazzoli: We did not deserve defeat to AC Milanby Carlos Volcano20 days agoSend to a friendShare the loveGenoa coach Aurelio Andreazzoli felt they did not deserve defeat to AC Milan. Lasse Schone had Genoa ahead before Theo Hernandez and Franck Kessie struck for the visitors. Pepe Reina secured the points with an injury-time penalty save.Andreazzoli said, “It was an odd game. I complimented the lads at the end of the first half, as they played the game I expected. Then, in a couple of minutes we made some inconceivable naïve errors and threw it all away. You can’t afford that at this level.“After that, the team again did everything we had asked for, even more so, fighting with their hearts on their sleeves. There are regrets, clearly, as we play for a result and it hurts to emerge empty-handed from a match like that, but football is a combination of incidents and interpretations.“We played very well and it’s a pity for the lads, as they did not deserve the defeat. I do not protest at refereeing decisions. He went to view it on VAR, so he must know the decision he made.“Incidents went against us, Reina made up for his earlier error and saved them at the end. It was a game that deserved a different ending.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more

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5 days agoChelsea matchwinner Marcos Alonso: Our intensity earned Newcastle victory

first_imgAbout the authorPaul VegasShare the loveHave your say Chelsea matchwinner Marcos Alonso: Our intensity earned Newcastle victoryby Paul Vegas5 days agoSend to a friendShare the loveChelsea fullback Marcos Alonso was delighted to prove the matchwinner in victory over Newcastle United.The Spaniard struck in the 73rd minute to secure a fifth consecutive win for Frank Lampard’s Blues, although the victory owed much to persistence and patience from those within the ranks. “Newcastle played very compact and it’s not easy to find spaces to attack or create chances but I think we played well in the second half. We were so intense and finally got the goal and the three points,” said the defender.”We believed because we knew the game would be like this – we were prepared for this and in the first half maybe we were lacking a bit of patience in the final third but in the end we were happy with the three points and the goals. It was a massive win after the international break.”He also told the club’s website: “We have many options in the team and this is good. The team is getting better, we are improving game by game and we need to continue in this way. We are moving the ball quickly, our press is good and we are doing a good job as a team. We have clear ideas and we have to continue in this way.” last_img read more

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Womens Hockey No 4 Ohio State comes back home to face St

Ohio State redshirt sophomore defender Jincy Dunne (33) attempts to stop a fast break in the first period of the game against Minnesota on Jan. 19. Ohio State won 3-2. Credit: Jack Westerheide | Photo EditorAfter two weeks on the road facing consecutive Top 10 teams, the No. 4 Ohio State women’s hockey team returns home to face another tough test, this time in a matchup between Olympic goaltenders. The Buckeyes (7-3, 3-1 WCHA) take on St. Cloud State (4-6, 2-4 WCHA) in a conference showdown that pits former teammates against each other. Ohio State freshman goaltender Andrea Braendli and junior goaltender Janine Alder of St. Cloud State were both members of the Swiss National Team in the 2018 Winter Olympics. “We’re going to come across a very good goaltender and it’s going to be Swiss Olympic goalie versus Swiss Olympic goalie so that will be fun,” Ohio State head coach Nadine Muzerall said. “St. Cloud is coming off a very big win against at that time the No. 5 Minnesota Duluth team, so we just really need to play as a unit of five in the offensive zone and I think great things will happen.” The Huskies have momentum on their side, coming off a ranked win against now-No. 7 Minnesota Duluth, but the Buckeyes are fresh off a ranked win of their own, a 6-1 victory against No. 10 St. Lawrence. If Ohio State wants to build off that momentum, it will have to be more disciplined on the ice. Over two games, Ohio State had thirteen total penalties, two of which were converted into power play goals by the Saints, which led to its loss on Friday. “I think we just need to learn to be more disciplined with our sticks,” redshirt junior Jincy Dunne said. “It’s one thing to be aggressive with your body but we have to clear up our stick play as well and play an aggressive smart style.”Defense should not be the issue with Ohio State. Braendli is coming off a 42-save game and is continuing on an impressive rookie campaign. The Buckeyes currently rank No. 3 in the NCAA in team saves with 298. Defense is also not the issue for St. Cloud State, as the Huskies are No. 2 in the nation with 358 saves. Ohio State can look to several players to contribute on the offensive front. Senior forward Charly Dahlquist was named WCHA forward of the week for her performance against St. Lawrence, where she scored two goals and had two assists. “Charly has been the backbone to the majority of our success offensively,” Muzerall said. “She does all the dirty areas, she’s the five-footer in front of the net, in the corners and she’s going to set up the play. She may not get the assist, but she’s going to do the legwork, the blue-collar stuff behind the scenes that’s going to create a turnover and create an offensive opportunity. Charly is very underrated, and I am glad she got the recognition she is so deserving of.” The Buckeyes play two home games this weekend against St. Cloud State at OSU Ice Rink at 6 p.m. on Friday and 3 p.m. on Saturday. read more

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La Liga wont stop trying to play league match in US

first_imgLa Liga thanks FC Barcelona for their willingness to cooperate once everybody agrees upon terms and announces that the US project will continue.The Spanish league released a statement in response to FC Barcelona dropping out of the Miami match against Girona FC, and despite ardent opposition, will continue with plans to play a league match overseas. FIFA president Gianni Infantino said he would block La Liga’s plans to play a match in the United States and the Association of Spanish Footballers spoke out against the plan from Relevent – the company that created the International Champions Cup.“From La Liga, we want to congratulate FC Barcelona and Girona FC for their willingness to be pioneers in the voluntary intention to play a La Liga match outside of Spain,” the statement read, as translated by Goal.David Villa, FC BarcelonaTop 10 players who played for both Barcelona and Valencia Boro Tanchev – September 14, 2019 Time to talk about the best players who represented both Barcelona and Valencia, prior to their La Liga encounter at Camp Nou this evening.“The La Liga project with Relevent, signed for 15 years, continues. From the first moment we stated that participation in the game is voluntary and if FC Barcelona expresses its voluntary wish not to attend, this game scheduled in Miami cannot be held on the agreed date.“From La Liga, we regret, as it could not be otherwise, the disappointment that may occur among our fans in the USA. We want to convey to all of them that, in the shortest possible time, La Liga will play an official match in the USA, just like the major American leagues [NBA, NFL, MLB, NHL] outside their borders.last_img read more

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Lovren handed onematch suspension for Ramos incident

first_imgLiverpool defender Dejan Lovren has been handed a one-match ban by UEFA for insulting Sergio Ramos, according to Marca.The UEFA Control, Ethics and Disciplinary Body has handed Lovren a one-match following his actions towards Ramos at the end of Spain and Croatia’s UEFA Nations League clash last year.The pair had issues with one another and have had regular altercations on social media since Real Madrid’s 3-1 win over Liverpool in the UEFA Champions League final last May.European football governing body announced the disciplinary decision on Friday, resolving the case that was opened following Croatia’s impressive home win on November 15.gareth southgate, englandEngland and Bulgaria on a collision course over racism George Patchias – September 13, 2019 England’s concerns over racism in Bulgaria has sparked a furious row.Recently England manager Gareth Southgate expressed his concern over racist abuse being aimed at…In the report, the Croatian Football Federation was also fined 13,000 euros after fans threw objects and blocked gangways.Lovren hit out at the Real Madrid captain on social media after Croatia’s win over Spain.The Liverpool centre-half also pretended to be elbowing Ramos and attacked the entire Spanish National team, referring to them as a gang, before saying that his country’s flag is the only important one.UEFA also revealed that Villarreal will be without left-back Jaume Costa for two games after he received a ban for getting sent off in the 89th minute of the Yellow Submarines win over Spartak Moscow on December 13 at the Ceramica stadium.last_img read more

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The Kylian Mbappé stat that compares him to Ronaldo

first_imgAfter his goal vs Amiens in Ligue 1 for PSG, youngster Kylian Mbappé achieved another stat that proves he is comparable to Brazilian Ronaldo.Regardless of what any of us thinks about either Lionel Messi or Cristiano Ronaldo in today’s football, there is no denying that Kylian Mbappé already is one of the best players in football history at the age of 20 years old.The French phenomenon played this weekend in Ligue 1 against Amiens in a match where Neymar wasn’t present, he scored an ominous 70th-minute goal that was coincidentally his 70th career goal as well.The scary part of all this is the age in which the World Cup champion reached this number, because when compared to other all-time greats from modern football, only Brazilian Ronaldo scored more goals at that same stage of his career.Lionel Messi and Cristiano Ronaldo pale in comparison at the same age, but Brazilian Ronaldo’s stats at that age were very scary for such a young player.Those damn knee problems were the only reason the Brazilian didn’t become the best player in football history, because the numbers he was already punching in were already around triple digits.But the comparisons started taking a weird turn right after Kylian Mbappé scored this goal when people in the UK started comparing him to poor Danny Welbeck from Arsenal FC on social media.Danny Welbeck, 28 years old:69 club career goalsKylian Mbappe, 20 years old:70 club career goals pic.twitter.com/dKYvGZ2qYn— Ophicial Manando ⚽ (@ophicialmanando) January 12, 2019It may have been a skit at first with this comparison between the English striker who has scored 69 career-goals and he is already 28-years old, this comparison is at best unfair and people need to leave Danny alone.The current season for Kylian Mbappé has him already scoring 13 Ligue 1 goals this season, a number that keeps him at the very top of the goal scoring table in French football and only three goals shy off Lionel Messi’s 16 La Liga goals.The fight for the Golden Shoe is starting to take shape, and Kylian Mbappé is hands down one of the most important contenders for this prize that the Messi owns at the moment.We are living in a new era after 2018, one that will start to tell us that the new generations are taking over from the old ones and this French wonder kid is at the very top of the conversation with his Ligue 1 goals.But the competition is fierce throughout Europe, as there are many players who are currently competing for the Golden Shoe from not only Ligue 1 and La Liga, but also from Serie A, the Bundesliga, and the Premier League.FC Barcelona, Valencia CFMatch Preview: Barcelona vs Valencia Boro Tanchev – September 14, 2019 Is derby time in La Liga, as Barcelona welcomes Valencia to the Camp Nou Stadium tonight at 21:00 (CET).Kylian Mbappé being right up there mentioned with the players we are about to mention boggles the mind because of how young he is.Wooooo. Mbappe goal. Awesome break and counter by PSG pic.twitter.com/G8WonafhKf— Billy M (@Wideoverload) January 12, 2019We’ve already mentioned Mbappé and Messi leading their respective competitions, but Cristiano Ronaldo is still going strong with his 14 goals in Serie A. The Bundesliga has Spaniard Paco Alcacer and Croatian Luca Jovic with 12 goals each.But hands down the most competitive race for goals is currently in England, where Mohamed Salah and Harry Kane have been challenged by Arsenal’s Pierre-Emerick Aubameyang.All of the Premier League strikers have currently 14 goals each, but the Tottenham Hotspur striker has a golden opportunity to take the lead of Sunday if he manages to score against Manchester United at Wembley this Sunday.The competition is very stiff all over Europe, a very different landscape to the one we had only four years ago when the world was widely dominated by Messi and Cristiano with the occasional appearance of Luis Suarez.The Uruguay striker, by the way, is also fully involved in the race for the Golden Shoe with his 12 La Liga goals for FC Barcelona so far this season.Kylian Mbappé is in very good company right now, but he can only be compared to the likes of Brazilian Ronaldo now after reaching his latest milestone.It’s scary to think how far he can get, we’ll be there throughout the whole way to find out.⚽️ Goals scored before age of 20 for club + country:Ronaldo (92) Kylian Mbappé (64)Neymar Jr (48) Sergio Aguero (44) Wayne Rooney (43) Lionel Messi (27) Cristiano Ronaldo (20)Still 70 days before Mbappe turns 20. pic.twitter.com/j2N0odQCrb— CaughtOffside (@caughtoffside) October 11, 2018How many career goals do you think Kylian Mbappé will be able to score by the time he retires? Please share your opinion in the comment section down below.last_img read more

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