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What are the points to be verified while screening a tenant?

Government approved identification proof:First and foremost, collect any of the government approved identification proof such as passport, driving licence, voter card, Aadhaar. This identification proof must contain tenant’s permanent address, passport size photo in it.There are two main reason to collect above identification proof,To understand more about tenant with evidence such as name, age and place of origin etc..You shall refer this identification proof to relevant authorities if any issue during tenancy, especially if any police or lawyer investigation of your tenant during your tenant stay at your property.Understand professional details of tenant:What is the profession of tenant?This will give understanding about credit score and payment.You tenant might fall under any of the below profession.Employed: Collect employment id, If you are more curious, check with the company through recorded telephonic call or email that your prospective tenant employed at that company. Prefer to discuss with HR of the company.Student: Collect student id, Similarly cross check with college/ university/ school that your prospective tenant studying at particular institution.Business owner: Collect visiting card and do back ground check online portal about business prospect and his capability to pay billsFreelancer: Collect freelancing details and do back ground check online portal about freelancing prospect and his capability to pay billsOther important verification:Tenant type: Family/ bachelor/spinster. Prefer tenant, who maintain the property well, clear bills on-time and no nuisance to neighborsSize of tenant: Prefer small family. If bachelor, not more than 1 person per room.Immigrant tenant : Prefer immigrant tenant because they are easy for on-board and termination process. Few of the local tenants are problematic while terminationEmployed tenant: Prefer employed tenant because they have good financial planning and punctual at bill payment. Few business owners are not good at payment because they payments are depends on the cash flow in they business. Indirectly might affect your rent payment.Capability: You must be capable to handle your tenant, if you feel your tenant is over smart and incapable to handle during tenant. Please drop the deal and hunt for suitable tenant. Chances that tenant might take advantage of your incompetent.Police verification: Police verification is not common for all state in India, If it is mandatory for your region, Please adhere to it and complete the formalities. My answer is based on Bangalore location, Here its not mandatory.Draft agreement: Share draft agreement to your protective tenant before agreement execution and transaction. Prefer email to share draft agreement. Seek your tenant confirmation on draft agreement to step further. This confirmation will avoid unnecessary conflict going further. If you looking for agreement format, please ping us [email protected] We share draft agreement at no cost.Rental agreement: Execute rental agreement in legal stamp paper. Never ever depend on verbal agreement.Note: You have to cross verify original id proof and retain one photo copy of it along with rental agreement in the mode of soft copy or hard copyWe do tenant verification for Bangalore location, Our verification includes,Identity proof verification + Employment/student/Business verification +drafting rental agreement + executing Rental agreement + lawyer notary +agreement home delivered + two property inspection per rental cycle (11 months). To opt our service, please write to us [email protected] or whats app +91–9742479020Thank you for reading….

As a landlord, have you ever had a tenant who stopped paying rent and would not leave? If so, how did you resolve this?

I have a couple of houses I rent in California and Nevada, houses I bought for my residence and decided to rent instead of selling when I relocated. I have had it take six months to get one particularly resourceful criminal out of my house. This particular criminal - let’s call her “Trish” - because that is her name - had been living in the house with her boyfriend, but they broke up and he was moving on, so she asked if she could rent the house in his stead. He had been renting from me for five years, and had been a great tenant, so I didn’t imagine it would be a problem… she had been living there for a couple of years, off and on.So she already had possession of the house when we met at the house, filled in the lease agreement, and everyone signed it. It was the middle of the month, and the rent was paid to the end of the month by my previous tenant, so she said she’d mail a check to reach us by the first and we left it at that.The first month’s rent - which was to include a deposit - bounced, and I couldn’t reach Trish… she didn’t respond to my phone calls or email. After nearly three weeks she called and apologized and said she had been traveling, but she’d include all three checks in her next month’s payment. The second month she claimed she had sent the check for both months and the deposit “a few days ago… just give it a week and if it’s not there I’ll cancel the checks and send new ones.” Long story short - we never received even one payment from her.Sooooo - she’d been in the house for two weeks on her ex’s dime, then for a month and a half on mine - and now it was nearly Christmas and I was in New York for the holidays - clear across the country. By the time I got home she had been living on my dime for well over two months, and her excuses - and my patience - had run thin. I don’t make money on my rentals - I just use the rent money to pay the mortgage - so this wasn’t working for me.I live 4.5 hours - with traffic - from the rental, so I hired a local paralegal to fill out and post a three-day notice to pay rent or quit… then waited three days. The same paralegal then got the earliest court date - three weeks out. And the paralegal - who was great - served her.On Court Day Number One, I drove the 4.5 hours to get to court and was sent to mediation. After several hours of back and forth in two separate rooms, the mediator told us there was no way to settle the case. She claimed to the mediator that I owed her $10,000 for work she had done to the house, and she felt the house now should belong to her, and she shouldn’t have to pay rent. We went into the courtroom and the mediator told the judge he would have to hear the case… but now, of course, it’s nearly quitting time, so the judge gave us a new court date.Court Date Number Two - two weeks later. And another nine hours (round trip) of driving. When our case was called, Trish claimed she had worked on the property and had spent $10,000 on my house, cleaning, fixing things, painting - basically doing work that she was not authorized to do. This was particularly ironic, since she had been living in the house for several months with her boyfriend before he moved out, so any “clean up” work she did was just cleaning up after herself and her live-in. The judge asked her for receipts, but she “didn’t bring them to court.” The judge told her to bring her receipts the next time and set a new hearing for two weeks out.Court Date Number Three: At the next hearing there was a new judge. The tenant called the court and said she was unable to attend as her son was ill. The judge canceled the hearing and set another hearing for the next week. My husband and I drove back home. Another day out of work, another day in the car in traffic between Chico, CA and the Bay Area.Court Date Number Four: The next week the original judge is back. When he asked Trish for her receipts she pulled out a paper grocery bag full of what appeared to be trash and dumped it out on the table. My husband picked up one receipt - it’s for a kid’s meal at McDonalds. She claimed the meal receipts were for her paying friends who worked on the house with food - to save me money! The judge told her she had to 1) type up her receipts and 2) Get them to me a minimum of 24 hours before the next hearing. He set another trial date, three weeks out, as the court was backlogged.It was now nearly three months since I posted the three-days notice on her door, and she’s been living rent-free in my house for nearly six months . . . I have taken the day off work and driven nine hours to court and back four times. And we haven’t even begun to have an entire hearing.Court Date Number Five: At the next hearing we are to begin at 1 PM, after lunch. Whew! A much better leaving time for that 4.5 hour drive! We were there early, but Trish was nowhere to be seen. The judge called roll and after finishing with the roll call tells us our case will not be heard that day, as Trish had called in that morning with the same excuse - her son was sick. He set another hearing for the next week at 10 AM. That means I’ll have to leave home around 5 AM to guarantee I’ll be there in time for the hearing.Court Date Number Six: At the next hearing my husband (what a trooper!) and I were there at 9:30 - no Trish. I still have not received any receipts nor list of receipts from her, despite the judge ordering her to provide them. The judge called roll, and she was not there. He told us Trish had called the courthouse again to say her son was sick and she had to pick him up from school, and asked if I would agree to postpone the hearing to another day. He said she would find a sitter and come in the afternoon if the hearing couldn’t be postponed.I explained that this was the sixth time I’d driven 4.5 hours to come to court, and that she had never paid ANY rent at all, ever, as her first rent check had bounced, along with her deposit.The judge said he understood, and he would postpone the hearing until 4 PM, at which time he would hear the case whether she was there or not. My husband took me for a leisurely lunch, then we came back to court.She was a no-show, so the judge heard my side of the story and then rendered a judgment of around $11K in my favor for back rent and damages. When we got out of court it was 4:45 PM, so we were pressed to try to get through the line at the clerk’s window so we could avoid having to make that drive again to get the paperwork filed for the judge’s signature.While we stood in line at the clerk’s window, who should appear but Trish! Dressed to the nines, like a lawyer, ahead of us in line for another clerk. She was pretending to be an attorney who had come by to pick up the judgment for her “client.”My husband ran back to the courtroom and told the Bailiff she was at the courthouse at the clerk’s window. The bailiff went into chambers and told the judge. The judge was so irritated he stayed late to sign our judgment that day so we could move forward without waiting the several days it generally takes to get the paperwork filed and the judgment signed.Although we got the judgement that same day (Thursday was eviction-hearings-day at that particular courthouse), we could not have her evicted until the Wednesday two full weeks after the judgment was issued - which really meant one day shy of three weeks. That was 1) to give her time to file an appeal if she was going to, and 2) Evictions only happen on Wednesday. So you see, even by the choosing of days to hear evictions and days to serve evictions, landlords are at a disadvantage in California, adding nearly another month to the half a year of free rent she had already stolen.We hired the local sheriff to serve the eviction notice, and she had, if memory serves, 48 hours once the notice was served before the sheriff came back to actually evict her. It was literally MONTHS after the first three-day notice to quit was tacked to the front door.At 11 PM the night before she was to be evicted she called me, crying, begging to be given another two weeks so she could have time to move all her stuff out. “What will my children do without their toys?!”Of course, this was just a ploy to start the clock all over again. I refused, and advised her to gather anything important to her and her children that night, as the Sheriff had told us he would be there first thing the next day to evict her, forcibly if need be.And the plot thickens. My husband showed up at 9 AM to be there when the Sheriff arrived. She had packed NOTHING, but left with a friend and her purse. She called me later that day and asked when she could come back to pack up and move the entire 3-bedroom house of her belongings. My husband agreed to drive the 9 hours once again, and meet her the following Saturday at 9 AM. I told her he would be there from 9 AM to 8 PM and advised that she have some help to move, since she had a lot of heavy furniture, large screen TVs, etc., and NOTHING had been packed… the house was full.When he showed up that Saturday - having left the house at 4:30 AM to arrive by 9 - she was a no-show. The driveway was gated with a heavy metal gate, which the Sheriff had locked, so we knew she hadn’t been there to get her things, and the house was still full. My hubby started packing the small things up, to move to storage, and was there until noon, when he went to get something for lunch. Trish called while he was at lunch and said she was at the house - where was he? He left his lunch and drove back to the house, but - again - she wasn’t there. He texted her to say he would stay until 5 PM, and then he was going back home, after hiring a moving company to move her things to storage. He informed her if that happened she would have to pay for the mover and the storage to get her belongings back. Then he started looking online for a local moving and storage place.Then around 1 PM it got really crazy. . . a woman - the “friend” who had been with her when the sheriff came to evict Trish - came to the house and asked if she could get HER things. My husband said sure, and she went in with a suitcase and packed up some clothes and makeup. He went in the house with her to make sure she didn’t take Trish’s things - which we were responsible for at that point.While packing she told him Trish had hired her as a nanny. Trish had promised her $1,400/month in pay and free room and board just two weeks prior. The poor woman had quit her job and vacated the room she had been renting, and was now out of work and homeless. Trish had completely fooled her, ruined her life, and boy was she mad.She pulled some papers out of a pile in the kitchen and handed them to my hubby. They were the rental papers for all the furniture, the two 70″ TVs, and the computer in the kitchen. Trish had scammed the rental company and never made a payment. They had been trying to repossess their furniture and electronics for months, but she kept the gate at the top of the driveway locked so they couldn’t get in.My husband called them, explained the situation, and they were there within 15 minutes… in a huge truck, with two big guys up front. They backed up to the house and had all the furniture/etc… in the truck in about a half an hour. They were just that good.At 2 PM, just as they were finishing up - guess who pulled into the driveway! Yep! It was Trish - in a little BMW (which we later discovered had been “borrowed” from a repair shop by a repairman she was dating. The car had been brought in for servicing, and she had talked the guy into letting her drive it, “until the owner came to pick it up.” The repairman was fired and arrested for auto theft. But I digress (truth - stranger than fiction…).Trish was apoplectic. Her “nanny” was equally furious. The two women started screaming at each other, then Trish started screaming at my husband - how dare he give HER belongings away!You might notice this was a pattern for her - she had told the mediator and the judge the house should be hers because she cared about it more than I did - And then one of the guys in the truck called the police, because, hey! this wasn’t Jerry Springer enough already!The cops knew exactly who she was, as she had had not one but TWO bench warrants out for her arrest, since she hadn’t shown up for a DUI hearing on two occasions after being released on her own recognizance at her first hearing.The police parked in the opening in the gate so no car could pull out. When she saw them she went running back inside the house and locked the door. My husband gave one of the policeman the key and they went in and brought her out in cuffs … put her in their patrol car, and off to the pokey she went, hi ho, hi ho.Leaving us with a house full of clothing, toys, a lot of legal paperwork, a fridge full of food, and a lot of garbage.The cops promised to bring her back to get her car when she was released, so my husband gave them the combination to the lock on the gate so they could let her in and get her car out. Sadly, when she got out a couple of days later they couldn’t drive her back to get her car, because her license had been suspended. So she came back on her own and broke the expensive heavy metal gate by prying at it with a crowbar until the hinges broke off. If only the rental company had thought of that!Once she was booked and made bail, and she had broken our gate to pick up the stolen Beemer, she disappeared. Her kids had been given back to their fathers while she was in jail, and we’ve been unable to find her since. We have a judgment of around 12K now - with interest - but it’s not collectible. There is still a bench warrant out for her arrest. She abandoned her belongings and we disposed of them a couple of months later after putting the requisite ads in the local paper. The only thing of value left in the house had been a generator, but someone contacted us to get it back, as it turned out she had stolen it, too.She had painted several rooms in my house BLACK, so I had to pay someone to repaint. And a welder to fix the gate - not as good as new, but it was functional.And the kicker? I found out about a month later that she had put a mechanic’s lien on my house for 10K! I had to have a lawyer deal with that.I know landlords are pretty universally despised, but I’ve never taken advantage of any renter. Although I’ve been taken advantage of more than once.And the house? My first, my favorite, and the one I thought I would retire to? It burned down in the Paradise Camp Wildfire in November 2018, less than a year after getting rid of Trish. The town is pretty much gone. The water is poisoned, and there is no electricity, so there will probably be no rebuilding it within my lifetime.But - look at the bright side! I guess I won’t have any more renter problems . . .My kitchen, after remodeling, shortly before Trish moved in. . .My son - a self-proclaimed “Balloonatic” - in our garden behind the creek. The cat - a wandering wild cat tamed by my son when it was a kitten - was taken in by an elderly neighbor. I never knew her name, but we used to pick apricots for her every summer for years, and we would visit her - and our cat - every month or so, just to keep company. I’ve been unable to locate her since the fire, and have no idea if she (or our cat) made it out or not. I try not to think about that.What was left of my house when allowed to come back to the property a couple of months after the Paradise Camp Fire. Look at the dead tree forming a “V” just above the two burnt-out center cars… The above photo of my young son was taken just behind that tree.

Entrepreneurs of tech, how do you manage reading tech blogs/staying up to date daily? Do you constantly check twitter/news during breaks, read at night only? once a week?

Here's a few options:iPad Apps:Zite, Pulse: Both have options that allow for you to customize news from your industry (Recommended categories: Technology, Startups, UX/UI, Design, Business, Investing)Traditional RSSVC and Research Firm NewslettersSorry I can't find the sign-up links, but a number of research firms and VCs have weekly newsletters that summarize all the happenings in the industry. A good one I recommend is ThinkEquity: Internet NewsletterHere's an excerpt of their most recent email to give you a sense:ThinkEquity LLCInternet NewsletterVolume 5, Issue 7 – Week of March 26, 2012Recent NewsSocialYahoo sued Facebook over 10 patents that include methods and systems for advertising on the Web, opening the first major legal battle among big technology companies in social media. The lawsuit, filed in a San Jose, California federal court, marks a major escalation of patent litigation that has already swept up the smartphone and tablet sectors and high-tech stalwarts such as Apple, Microsoft and Motorola Mobility Holdings. (Link). Facebook acquired 750 patents from IBM, adding IP that may help it counter allegations of patent infringement. (Link)Twitter celebrated its sixth birthday last week. The Company has posted a number of stats about its growth in usage. Twitter now has 140 million active users is seeing 340 million Tweets a day (more than double what it was last March). A year ago, Twitter was seeing 140 million Tweets per day. (Link)Pinterest introduced brand-new profile pages, its first major design change since its major rise in popularity in the last six months. Pinterest launched in 2010, but recently it has seen astronomical growth and counts as one of the top 10 social networks on the web. According to recent comScore data, Pinterest users spend an average of 89 minutes per month on the site, which easily bests Twitter, LinkedIn, and Google+. Only Facebook users spend more time than Pinterest users, with an average of 405 minutes spend there per month. (Link)Socialbakers shared some interesting data that gives insight into which brands are successfully engaging users on Facebook, and which are finding more luck on Twitter. Over all, it’s not surprising to find that Facebook is a far more suitable tool to use when trying to engage fans. Facebook engages people in a conversation and a dialogue providing its fans with a feeling of exclusivity. Twitter on the other hand is limited by 140 characters but at the same time its content reaches more people. (Link)Brands are wasting no time switching over to Facebook’s new Timeline Page design. Just one week after the social network rolled out the radical facelift, more than 8 million Pages made the transition. Facebook rolled out its new take on the personal profile to all users in December. More than one million Facebook Pages are making the switch to the new Timeline design each day, a Facebook spokesperson told VentureBeat. (Link)E-CommercecomScore released its monthly analysis of U.S. web activity at the top online properties for February 2012 based on data from the comScore Media Metrix service. Valentine’s Day had Americans searching the web for flowers, jewelry and just the right e-card for their loved ones. The highly anticipated Super Bowl XLVI drove traffic to a few key advertisers’ websites, with especially strong growth seen on Auto Manufacturer sites. (Link)Online ticketing platform Eventbrite is making a big push towards reaching $1 billion in gross ticket sales in 2012; after doubling both the number of events on platform in 2011 (458,207 events in 2011) and tickets sold last year (20,798,509 tickets sold in 2011). In 2011, the Company sold $400 million worth of tickets, which is double the $207 million it did in 2010. The Company just announced a complimentary credit card reader to allow event organizers to collect ticket payments on the go. (Link)Fandango announced a partnership with Yahoo that will see it becoming the online and mobile movie ticketer for Yahoo! Movies, a service with over 30 million U.S. users according tocomScore. The new collaboration offers Yahoo users access to Fandango’s 20,000 screens across the U.S. and will support purchases online, on mobile and on tablets. (Link)There’s been lots of debate about whether mobile apps or the web have the upper hand when it comes to making content for smartphones, and when it comes to using it. Some interesting insights from Nielsen on how in the case of mobile shopping, for now the main audience in the U.S. seems to be much more interested in using the mobile web over store-specific apps. (Link)eBay launched a new feature of its iPad app called Watch With eBay, which allowed users to shop a selection of items on the marketplace related to what they are currently watching on TV. eBay is now separating out the feature into a standalone, free iPad app. The Watch With eBay app surfaces merchandise related to what consumers are watching on television, from the latest fashion trends at red carpet awards shows to sports memorabilia, to DVDs, signed autographs and other items related to favorite shows and actors. (Link)GamingJust days after the launch of Angry Birds Space, Rovio announced via Twitter that the application has already seen 10 million downloads. The game is topping Apple's paid and top-grossing charts for the App Store in countries around the world. (Link)Tablet games are expected to grow to $3.1 billion worldwide, according to a new report from analyst firm Juniper Research. The spending on tablet games is expected to account for a third of all mobile game revenues by 2016, when total mobile game revenues are expected to top $18.3 billion. (Link)Casual and mobile games company Miniclip has teamed up with app monetization platform and ad server MoPub, releasing a joint study on the behavior of mobile gamers, breaking the group down by age, gender, and content preference. The biggest surprise from the study came in this little nugget of user behavior wisdom: Despite its name and connotation, 44 percent of gamers play “mobile games” on the couch versus playing in any out-of-living room location, “including time spent traveling or waiting,” the study says. (Link)Gree has become a billion-dollar company in Japan with its mobile social games network. The Company launched Zombie Jombie, the first title made by Gree’s U.S. developers for an American audience. The title is an important one for Gree, which is competing with a larger rival Japanese firm DeNA, which has launched its worldwide mobile social network Mobage in an attempt to expand far beyond its audience of 35 million Japanese users. (Link). A week later, Gree launched its second U.S. game, Alien Family. (Link)MobileTaking just the use of paid content on tablets in Q4 2011, Nielsen found that in the U.S., a majority of tablet owners have already paid for downloaded music, books and movies, with 62 percent, 58 percent and 51 percent respectively saying they have already made such purchases. The one area that really fell down in the U.S. was news, where only 19 percent said they had ever paid to read news on their tablets. (Link)Amazon announced its mobile app marketplace, the Amazon Appstore for Android, is celebrating its first birthday with a week-long sale on some of its most popular apps. The Company also took the time to share some figures about the Appstore’s growth over the past year, including the size of its selection, which grew from 4,000 apps at launch to 31,000+ apps. (Link)The makers of seven iOS-only, for-charge applications, including the sophisticated photo capture and edit application Camera+, have sold more than 10 million applications by way of the App Store. Tap Tap Tap, a hobby-project turned accidental big-business, crossed the 10 million paid application sales milestone for all of its apps. (Link)With a metric that’s bound to make mobile app developers jealous, Apple has confirmed that its newly launched iOS-compatible version of iPhoto hit the 1 million user mark, only 10 days after its release. That’s not app downloads, mind you, but unique users. Given the app’s universal nature, it’s likely that many are installing it at least twice – once on the iPhone, or possibly the iPod Touch, and then again on the iPad. But Apple is counting such an installation only once in this metric. The number of actual downloads may be much higher. (Link)IDC is upping its forecasts for how many “media” tablets will be shipped this year. The analysts predict that the number will top 106.1 million units, up from their previous forecast of 87.7 million units, due in part to strong demand for that new iPad, but also a number of other devices at a range of price points. Indeed, while Apple will continue to be the single biggest tablet maker on the market, Android, collectively, will continue to hold its own against it, with some notable devices like the Amazon Kindle Fire doing particularly well. (Link)In Appcelerator and IDC's quarterly report on the trends of the mobile industry, 39% of developers answered that Google's total assets were more important to them than Facebook's social graph. Considering the huge lead that Facebook has in the social space, this is a bit of a coup for Google. What else are developers interested in at the start of 2012? HTML5 is on the rise, cloud services are hot and developer interest in Android is dwindling. (Link)Digg founder Kevin Rose has been hired by Google, according to sources close to the situation. Rose’s mobile app incubator Milk yesterday announced it was shutting down its only product, Oink. Google is not outright buying or “acqhiring” Milk, the sources explicitly said, but Rose and some others from the company have been hired. It’s not clear what will happen to Milk after Rose joins Google. (Link)PaymentsPayPal unveiled a new device that helps small businesses accept credit and debit cards through mobile devices. "PayPal Here" -- as the service is called -- will provide a free, triangle-shaped card reader and mobile application to small merchants. PayPal charges a fee of 2.7 percent of the purchase price for all types of credit and debit cards -- including those issued by American Express; transaction fees for processing AmEx cards are often higher on other services. That compares with the 2.75 percent charged by Square. (Link)Nokia, the world's largest handset maker by unit shipments, said it is planning to shut down its Mobile Financial Services business, including a Nokia Money service launched recently in India, as part of its strategy to move out of non-core business areas. Nokia didn't say when the unit will close. Nokia established the business in 2009 aimed at bringing secure electronic payments to people without a bank account, with a focus on emerging markets. (Link)Video/MusicLess than two weeks after a relaunch featuring deeper ties to Facebook, music video service Vevo is seeing a record number of video views per person and is now netting 3.5 billion total views a month. Vevo, the independent music video company created in partnership with Universal Music Group, Sony Music Entertainment, and the Abu Dhabi Media Company, has seen video views per person jump 70 percent and Facebook sharing climb 100 percent since its March 9 relaunch. (Link)OtherThe Jumpstart Our Business Startups Act (JOBS Act) is headed to President Barack Obama’s desk. The House signed off on the final version of the package, aimed at helping small businesses and startups more easily raise capital by loosening various Securities and Exchange Commission regulations. (Link). In summary, the act: 1) increases opportunities for equity investment through crowdfunding; 2) it eases rules on public disclosure; 3) it makes it easier to go public. (Link)The Internet accounts for 4.7% of the U.S. economy and is projected to grow 6.5% a year through 2016, according to a new report. The Boston Consulting Group took a look at the top 20 global economies — also known as the “G-20″ — and found lots of reason for optimism. On average, the Internet economy is expected to grow 10.8% for the G-20. However, the expansion in developed countries like the U.S. will be on the low end, around 8%, while developing countries like Argentina and India will expand at rates of 24% and 23%, respectively. (Link)Recent M&APRIMEDIA, a premier renter resource for apartment and rental home information and listings, announced that it has entered into an agreement with eBay to acquire its Rent.comsubsidiary. Terms of the transaction were not disclosed. PRIMEDIA’s websites and mobile applications will be complemented by Rent.com’s successful pay-for-performance business model. The combination will provide advertiser clients a more comprehensive suite of products that deliver cost-effective and high quality leads and leases. Rent.com adds another strong brand to PRIMEDIA’s extensive apartment and rental home resources, which include the web properties ApartmentGuide.com, Rentals.com and RentalHouses.com.Zynga announced it has acquired New York-based social game developer OMGPOP, makers of the popular cultural hit mobile game, Draw Something, and over 35 additional social games. As a part of the Zynga family, OMGPOP will focus on building new mobile IP and strengthening its existing portfolio of fun and creative social games. While Zynga is technically buying OMGPOP, the reality is that it's buying "Draw Something," a six-week old game that already has 35 million users, and generates $250,000 in revenue on a daily basis. That game caught Zynga's eye, and it won a small bidding war with Electronic Arts and Disney to close the deal, according to a few sources familiar with the deal.Amazon announced that it will acquire order fulfillment company Kiva Systems for $775 million in cash. Kiva Systems’ interconnected hardware and software package is designed to streamline the process of picking, packing and shipping e-Commerce products for delivery. The Company uses hundreds of autonomous mobile robots and a sophisticated control software, to provide a fulfillment system for retailers.Social gaming firm PlayPhone has added a marketing model in buying SocialHour, a social mobile marketing company, for $51.5 million. PlayPhone has already constructed a large social network for games across iOS, Android, Windows Phone 7 and HTML5. Gamers can meet and play against one another on the same games but across different operating systems, including the Web. The company claims to have had accumulated 3 million members just in the months leading to the December launch of the social gaming platform.Twitter announced that it had acquired the blogging platform Posterous. Similar to its main rival, Tumblr, the site allows users to easily add posts to their blogs via the web, the Posterous mobile app or by email. Twitter announced the acquisition on its blog: “Today we are welcoming a very talented group from Posterous to Twitter,” the post said. “Posterous engineers, product managers and others will join our teams working on several key initiatives that will make Twitter even better.” The precise terms of the deal were not revealed by either party.Youku, owner of China’s most- popular online video site, acquired smaller competitor Tudou Holdings in a $1 billion stock deal that will help lower costs for licensing and transmitting content. Holders of Tudou’s American depositary receipts will receive 1.595 ADRs of Youku for each Tudou ADR they own, the two companies said in a joint statement yesterday. The proposed deal will strengthen the new company’s ability to compete with Baidu Inc. (BIDU) and Tencent Holdings Ltd. (700) in adding online video users in a nation where Google Inc. (GOOG)’s YouTube is restricted. Youku and Tudou together accounted for more than a third of China’s Web video advertising revenue last quarter, according to research company Analysys International.Recent Private PlacementsPersonalized ads company, myThings, has raised $15 million from Iris Capital, Accel Partners, Carmel Ventures, and Deutsche Telecom.Online work platform, oDesk, raised $15 million from T. Rowe Price, Benchmark Capital, Globespan Capital Partners, and Sigma Partners.Integrate, startup that helps advertisers integrate ad channels, raised $11 million in Series B funding from Comcast Ventures, Liberty Group, and Foundry Group.Spigit, social innovation company, raised $15.2 million from Warburg Pincus.Mobile payments startup, Boku, raised $35 million from New Enterprise Associates, Telefonica, Andreessen Horowitz, Benchmark Capital, DAG Ventures, and Khosla Ventures.Online media publisher, Vox Media, owner of tech news site The Verge, sports blog network SB Nation, and game news site Vox Games, raised $17 million from undisclosed investors.Apperian, startup to help businesses build apps, raised $12.4 million from North Bridge Venture Partners, Kleiner Perkins, Bessemer Venture Partners, and CommonAngels.Video game tournament company, Major League Gaming, raised $13 million from undisclosed investors.Social investment network, eToro, picked up $15 million from Spark Capital, BRM, Guy Gamzu, and Jonathan Kolber.Online textbook seller, Chegg, raised $25 million in funding from undisclosed investors.ThinkEquity Research RecapRobert Coolbrith, Internet AnalystKIT digital, Inc. (KITD): Sell-Off Unwarranted, In Our View; Reiterate Buy (Link to Report)KITD reported 4Q11 earnings in line with the company's preanouncement. However, shares traded off yesterday (down 8% versus the NASDAQ up 0.5%), we believe in reaction to management's FCF guidance (indicating significant working capital consumption in FY12), a brief delay in the filing of the company's 10-K, and management discussion of potential incremental M&A. While the story remains "noisy," we continue to believe that the company's opportunity remains attractive/intact and, with shares now valued at 4.5x/3.3x FY12E/FY13E EBITDA, we believe downside is limited and risk-reward very attractive. We reiterate our Buy rating and $22 price targetVelti plc (VELT): Strong Q4, Solid Guide; Reiterate Buy (Link to Report)VELT reported a strong Q4 performance: the company significantly exceeded consensus forecasts for revenue/EBITDA/EPS, issued solid guidance essentially in-line with consensus forecasts (and implying continued rapid growth), and provided updated business metrics that represent a significant improvement in transparency, in our view. Despite a significant uptick in shares yesterday (up 27% versus the NASDAQ flat), we continue to see opportunity in the disconnect between the company's valuation (6.5x FY13E EBITDA) and the attractiveness of the company's business model/opportunity (35%+ 3-5 year revenue growth, continued margin expansion, SaaS-like predictability). We reiterate our Buy rating and $22 price target.Henry Guo, Internet AssociateSINA Corporation (SINA): We Believe Article Misinterprets Sina’s Commentary About Weibo Users (Link to Report)We believe a Reuters article misinterpreted Sina's commentary on the 60% number about its Weibo users, and believe investors should lower their expectations as the March 16 deadline nears. That said, we continue to feel incrementally positive on Weibo as the company clears real-name verification for users who have connected their mobile phone with their Weibo accounts. We estimate by now at least 11 million of daily active users (about 40% of total daily active users) have passed real-name verification. Longer term, while we continue to see the significant potential upside for SINA shares due to Weibo, we would rather closely monitor the user engagement on the platform after March 16, before we become aggressive on Weibo valuation.SINA Corporation (SINA): Incrementally Positive on Weibo as March 16 Deadline Nears; Raising PT (Link to Report)Sina has cleared real-name requirement for some Weibo users who had previously connected Weibo accounts with mobile phones. Now we estimate more than 11 million daily active users have their real-name accounts verified, exceeding our expectation. We modestly raise our Weibo valuation from $1.5B to $2.0B and PT from $78 to $88 on likely more than we expected real-name users by 2012. Longer term, while we continue to see the significant potential upside for SINA shares due to Weibo, we would rather closely monitor the user engagement on the platform after March 16, before we become aggressive on Weibo valuation.

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