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How Much Is That Social Media Company in the Window?

Now that LinkedIn has taken the plunge and gone public, the company is valued at approximately 45 times the amount of revenue it generates annually—meaning there is a bit of a disconnect between its estimated market cap and its actual profits. LinkedIn's massive windfall has "people who know things" speculating about an imminent wave of similar IPOs from social media companies that investors may be grossly overvaluing.

The Atlantic has an interesting charticle analysis showing the revenue-valuation ratio of the most popular social networking companies. I'll leave it up to you to decide whether or not there's another tech bubble swelling, or if these companies will indeed grow as astronomically as expected.

Of note:

• Twitter currently has the highest revenue-valuation ratio, with an annual revenue of $150 million, and a valuation of $7.7 billion
• Facebook is expecting a $100 billion valuation by 2012. It also has the highest current annual revenue—$2 billion.
• Color Labs was founded in 2010, and currently has no annual revenue. It is now valued at $41 million.
• The oldest company—Skype—has one of the lowest revenue-valuation ratios, with a valuation 9.8 times its annual revenue.

Head over to The Atlantic to read the whole article.

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Animals
Why Tiny 'Hedgehog Highways' Are Popping Up Around London
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Hedgehogs as pets have gained popularity in recent years, but in many parts of the world, they're still wild animals. That includes London, where close to a million of the creatures roam streets, parks, and gardens, seeking out wood and vegetation to take refuge in. Now, Atlas Obscura reports that animal activists are transforming the city into a more hospitable environment for hedgehogs.

Barnes Hedgehogs, a group founded by Michel Birkenwald in the London neighborhood of Barnes four years ago, is responsible for drilling tiny "hedgehog highways" through walls around London. The passages are just wide enough for the animals to climb through, making it easier for them to travel from one green space to the next.

London's wild hedgehog population has seen a sharp decline in recent decades. Though it's hard to pin down accurate numbers for the elusive animals, surveys have shown that the British population has dwindled by tens of millions since the 1950s. This is due to factors like human development and habitat destruction by farmers who aren't fond of the unattractive shrubs, hedges, and dead wood that hedgehogs use as their homes.

When such environments are left to grow, they can still be hard for hedgehogs to access. Carving hedgehog highways through the stone partitions and wooden fences bordering parks and gardens is one way Barnes Hedgehogs is making life in the big city a little easier for its most prickly residents.

[h/t Atlas Obscura]

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Big Questions
Where Should You Place the Apostrophe in President's Day?
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Happy Presidents’ Day! Or is it President’s Day? Or Presidents Day? What you call the national holiday depends on where you are, who you’re honoring, and how you think we’re celebrating.

Saying "President’s Day" infers that the day belongs to a singular president, such as George Washington or Abraham Lincoln, whose birthdays are the basis for the holiday. On the other hand, referring to it as "Presidents’ Day" means that the day belongs to all of the presidents—that it’s their day collectively. Finally, calling the day "Presidents Day"—plural with no apostrophe—would indicate that we’re honoring all POTUSes past and present (yes, even Andrew Johnson), but that no one president actually owns the day.

You would think that in the nearly 140 years since "Washington’s Birthday" was declared a holiday in 1879, someone would have officially declared a way to spell the day. But in fact, even the White House itself hasn’t chosen a single variation for its style guide. They spelled it “President’s Day” here and “Presidents’ Day” here.


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Maybe that indecision comes from the fact that Presidents Day isn’t even a federal holiday. The federal holiday is technically still called “Washington’s Birthday,” and states can choose to call it whatever they want. Some states, like Iowa, don’t officially acknowledge the day at all. And the location of the punctuation mark is a moot point when individual states choose to call it something else entirely, like “George Washington’s Birthday and Daisy Gatson Bates Day” in Arkansas, or “Birthdays of George Washington/Thomas Jefferson” in Alabama. (Alabama loves to split birthday celebrations, by the way; the third Monday in January celebrates both Martin Luther King, Jr., and Robert E. Lee.)

You can look to official grammar sources to declare the right way, but even they don’t agree. The AP Stylebook prefers “Presidents Day,” while Chicago Style uses “Presidents’ Day.”

The bottom line: There’s no rhyme or reason to any of it. Go with what feels right. And even then, if you’re in one of those states that has chosen to spell it “President’s Day”—Washington, for example—and you use one of the grammar book stylings instead, you’re still technically wrong.

Have you got a Big Question you'd like us to answer? If so, let us know by emailing us at bigquestions@mentalfloss.com.

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