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Top 3 Reasons Why Evernote is worth $1 billion to me

Everyone heard about Facebook’s recent purchase of Instagram for $1 billion dollars. No one can imagine how they came with such price tag for a bunch (a big bunch) of pictures with special filters added. I never used Instagram and I don’t think I will ever. I’m happy with my regular’ol Flickr, Twitpic and Picasa.

One free application that is really worth $1 billion is Evernote. Why? Well, it’s way more than just another online organizer to me. And it’s even better than the Trapper Keeper I carry around.

Reason #1: No more emailing back and forth

One of the best reasons why Evernote is so valuable is the fact that I can write notes or take pictures of a whiteboard with my smartphone and they will auto-magically synchronize with my laptop and iPad or vice-versa. No more emailing back and forth so that I can download them. The notes and pictures go right into my user-defined notebooks I saved the notes under and show up wherever I have Evernote configured.

Reason #2: No more wallet full of receipts.

As a consultant I travel a lot and taming my receipts monster for my T&E reports is not an easy task. At the end of a week-long trip my wallet looks somewhat like a juicy double-decker burger. With Evernote, I can take a picture of the receipt with my smartphone, tag it and upload it to my expenses notebook. I can do it right there at the restaurant when the waiter or waitress brings the check and add notes related to the expense.

Reason #3: Share & Grab
Another reason why Evernote is so valuable is the fact that I can share my notebooks and notes with other people. Imagine how cool it is to brainstorm and whiteboard and be able to share those notes, pictures, videos, links, etc with your teammates. Awesome, right! Well, it doesn’t stop there, you can even use third-party extensions and applications like ifttt.com to save content to an Evernote notebook from Tweeter, Facebook, email and other channels based on the criteria that you define. Make sure to check-out the Evernote Trunk section for a complete list of apps.

Just wanted to share this as I find it very useful and believe that applications such as Evernote should be the next billion dollar company. Please comment with other ways you use Evernote for: Recipes? CRM? Reminder? Your own private Facebook? sa password vault?

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