Yahoo is a decade old tomorrow, March 2. Hard to believe, revenues of $3.57 billion, net income of $834 million, a market cap of $44.41 billion. … Hey, maybe there is real money in this Internet thing. In the early years, it was the site with the funny name where you found stuff. It survived […]
I went to my Uncle Will’s funeral Saturday in Hickory, N.C. (William Sudduth, 2/25/1995 – 2/23/2005, a native of Coila, Miss., who lived nearly all his adult life on Snow Creek Road in Hickory in a house I spent many hours in as a child.) The service included his sons, and grandsons and a couple […]
The Internet has changed the economics of the publishing industry in a way commercial television never did. The price of news and information has irrevocably been pushed way down the supply/demand curve. The Web has also destroyed the functional monopoly of the local daily newspaper with the very high barriers to technical entry. Anyone can […]
More on the ABout.com and MarketWatch buys: NEW YORK (Reuters) – Newspaper publishers, often seen as stodgy and slow-growing, will pay whatever it takes to grab a bigger piece of the fast-growing online advertising market — if two recent deals are any indication. — Reuters, 2/18/2005
WSJ buying MarketWatch, NYT buying About.com. the Washington Post Co. buying Slate. and a virtual horse race of big Internet players buying up startups with promising technologies all point to the telltale signs of Internet Bubble II. These may all be good deals, but expect to see a lot of money burned on mergers and […]
OK, I mumble. But I think what I’m saying is clear. So follow these random mumbles to see where they lead.