Depending upon when SpringFestival falls in China, sales in either January or February are distorted, and in some years, sales in both months are impacted.
Mike Yavonditte is quick to dismiss chatter about his 5-month old company Hashable, a mobile networking site, becoming the darling or breakout company of the 2011 South by Southwest Festival (SXSW) in Austin, the so-called spring break for geeks.