Anyone who was around for the last Dot-Com Flame Out (affectionately called DOT-BOMBS) remembers how that scam went. Valuations were mostly based on revenue growth (it was the new-new economy but old-old venture money). Groups of Dot-Coms started “trading services,” many in the form of advertising, to make the numbers exceed what the old economy investors wanted. Yes, a token few pointed out these companies weren’t actually making any money, but the hysteria over exponential … Dot-Com Flame Out 2.0Read more
NPR
Posted inInformation Technology / Investing
Free Nationwide WiFi
I was absolutely elated when I heard this story on NPR. Later there were many stories posted about it being “wish fulfillment” or “wishful thinking”. Personally, I don’t think it was either, despite the research done in the above link. I do believe it will happen, possibly not during this presidency, but I believe it will happen in the near future none the less. Why? Both the FCC and the general population are pissed at … Free Nationwide WiFiRead more
Posted inInvesting / Thank You Sir May I Have Another
Ethanol Needs to Learn From Wine
As you get older in life, you begin to appreciate the importance of being a well rounded individual. Though it may sound counter intuitive, a well rounded individual won’t slide down a slope covered with marketing spin (a.k.a. bullshit.) Take the “marketing spin” being hurled by all sides in the current ethanol debate. I’ve been watching it for a while and the only real difference I see is the size of the shovel being used. … Ethanol Needs to Learn From WineRead more