$10 Billion for Facebook

Web 2.0 valuations continue to rise. In a surprising move, reported by the Wall Street Journal, Microsoft is looking to invest in Facebook and would set value the new social media company at about $10 billion. Microsoft and Facebook have an existing advertising agreement to serve ads on the social network, which is growing daily. There is significant speculation that Google is also in the mix but the ultimate motives are yet to be confirmed. Read more here.

Web 2.0 adoption is exploding inside of the enterprise, politics and Government. The best way to get up to speed is to get involved and attend our event on November 1st. View the New New Internet.

Web 2.0 Accelerator

Want to learn more about Web 2.0? From corporate wikis to recruiting on Facebook; from A-Space to MySpace, Web 2.0 is here to stay and can be a vehicle of great success for you and your company in many different aspects of business. The Web 2.0 Accelerator is a day long training event on October 31st sponsored by SAIC that will provide industry and government participants with an introduction to the important key concepts necessary for effective utilization of Web 2.0. Our instructors will provide a fundamental understanding of Web 2.0 at a level that is useful to C-Level executives, VPs of strategy, innovation, marketing and IT, program managers and IT Managers. Register Here.

Vicente Fox

Fox Speaking on October 11th

Former Mexican President Vicente Fox will be appearing on October 11th at the Potomac Officers Club. This will be a rare opportunity to hear about our international relationship with our valued partner. Register here.

ExecutiveBiz members are also invited to attend! This event is made possible by Ernst & Young and Hogan & Hartson.

Register for Web 2.0 for Business - November 1st

Don't miss the top annual web conference on the east coast. Speakers will include:

Tim Ferriss - Author James Surowiecki - Author Ted Leonsis - AOL Om Malik - GigaOM Rohit Bhargava - Ogilvy PR Jeff Barr - Amazon Web Services John Della Volpe - Harvard

Matthew Glotzbach - Google Enterprise Dion Hinchcliffe Frank Gruber John M. Kamensky - IBM Chris Rasmussen Hart Rossman - SAIC

Register for Web 2.0 for Business today to reserve your seat.

Best place to post a job and reach the executive crowd. executivebizjobs.jobexchangenetwork.com

Advertising here is smarter. Find out why & reach nearly 50,000 execs each week.

Best of the ExecutiveBiz Blog

• Alion and American Systems: Two Employee-Owned Contractors Acquiring Successful Reputation
  September 26, 2007 by Brian Lustig
  Employee-owned companies - or those majority-owned by employees through a Employee Stock Ownership Plan (ESOP), Profit Sharing Trust or Stock Purchase Plan - barely register as a percentage of all U.S. companies. Many tend to be clustered in consumer-facing market segments (i.e. - supermarkets, fast food), but if you look at the 100 largest (by number of employees) majority employee-owned US companies, there is a fairly diverse industry distribution.
• Obama on LinkedIn
  September 19, 2007 by John Stauffer
  Illinois Sen. and 2008 presidential candidate Barack Obama joined LinkedIn, the online professional community, further positioning his campaign as the leader in utilizing social networking sites to garner online support.
• Web 2.0 Roundtable
  September 14, 2007 by JD Kathuria
  A Web 2.0 Roundtable was held this morning at the Tower Club. Some of the comments and insights are: ROI vs- ROE: This group consisted of mostly large companies in need of products with ROI, Janet Hall of TMNG Global suggested that every company will not only weigh the Return on Investment but will carefully assess the customer’s Return on Experience (“ROE”) as factors for continuing projects.

Read and comment these posts and more at blog.executivebiz.com

Advertising here is smarter. Find out why & reach nearly 50,000 execs each week.

ExecutiveBiz “Been There Done That” Series: CACI Chairman Jack London

It is not easy for the Executive Chairman and Chairman of the Board of a $1.8 billion company with 10,500 employees to convey genuine humility when reflecting upon a career overflowing with personal accomplishments. But it was clear to the room full of local executives and leaders who came to hear Jack London, Chairman of CACI International, Inc. at the ExecutiveBiz “Been There Done That” lunch event series sponsored by Greenberg Traurig on Thursday that this a man far more comfortable shining the spotlight on the company he helped build and the employees who embody it, rather than himself.

Read this entire recap.

New Media Marketing Day: Era of Conversation is next week on October 4

This Direct Marketing Association of Washington Event gets down into the nitty gritty of social media (blogs, social networks like Facebook, etc.).

Specifically, it discloses the underlying principles and tools of conversational communications (keynotes). Then, sessions hammer brass tacks into some of the more popular social media tactics (track 1), and spotlight real live case studies with [shock!] actual results (track 2).

Our stellar line up of speakers and case studies include IBM, NBC Nightly News' lead camera man, Ogilvy, the American Red Cross, Goodwill of Greater Washington, CareFirst, and representatives who have executed campaigns for Coca-Cola, the Gates Foundation, and Seth Godin.

As a friend of Livingston Communications, you are entitled to the member rate, a cost savings of $36 ($189 for members versus $225 for not-yet-members). I hope you'll register today. For the members rate just punch in SITC07NM.

27th Annual Kidney Ball benefiting the National Kidney Foundation
Stir It Up!
An Evening with Patti LaBelle
November 17, 2007
The Hilton Washington
1919 Connecticut Avenue, NW
Cocktails & Silent Auction at 6:30 pm
Dinner at 8:00 pm
Live Auction at 9:15 pm
Entertainment at 10:00 pm
Black Tie

Tower Club Fall Business Mixer
Hosted by Young Executive Society
Monday, October 29th
6:00 PM-8:00 PM
$30 Inclusive Members/ $40 Inclusive non-member

The event is open to Tower Club members, their guests, non-members, as well as members from other organizations in the local area.

Enjoy our exquisite hors d’oeuvre buffet and refreshing beverages. Please call for reservations 703-761-4250.

ExecutiveBiz works in partnership with The Potomac Officers Club. The Potomac Officers Club is a non-profit board of trade dedicated to improving business conditions in the Greater Washington area. For more infomation, please visit www.potomacofficersclub.com.

Thanks, Potomac Officers Club Sponsors

J.D. Kathuria

Message from the Editor

This digital magazine is designed to serve the needs of the local business community. Please contact us with your content ideas or advertising requests. We currently reach nearly 50,000 area executives.

I would also welcome the opportunity to speak with you about our membership organization. We're growing fast and already have over 700 members, with more joining every day.

J.D. Kathuria
ExecutiveBiz Editor
jd@executivebiz.com
703-226-7010