I do respect the left coasts Caligula-like ability to party like there is no tomorrow! Ms. Wodke made a comment 2 weeks ago about SF/BayArea being ground zero for the internet - and for VC's and their cash - it seems true that investor money vaporizes faster than asphalt after an a-bomb blast :-) God bless u guys for keepin it real - we on the right coast haven't had that kind of fun since Razorfish days of '99
On Tue, Oct 14, 2008 at 10:06 AM, Rich Rogan <[EMAIL PROTECTED]> wrote: > This is an interesting discussion on a "pure play internet" company, and it > smells a lot like 2000 in San Francisco. > > > Facebook, as an offering, is imminently repeatable by competitors, with > their strongest advantages being a virtuous circle of: > > > > 1. They have critical mass > > 2. They have "0" cost barriers to entry, (don't charge anything). > > > > Changing advantage #2.- "charging users in a way that would generate > reasonable P/E ratios for a multi-billion dollar company", would almost > instantly remove advantage #1. > > > > Maybe Facebook needs to "get real", and admit its best business model most > probably is as an advertising based site worth a respectable $100 to 500 > million, (of course they can spend 100% of investor's cash to come to this > conclusion, when did we last see that happen? ...). > > > > Internet companies are young in concept and inception, but not "that" young > any more. It's good for us and Internet Companies to have grownup business > models, with respectable valuations based on real profits. > > > > Our field offers real value, we don't need the "Facebook hype" of a "5 to > 20 > billion dollar co.", and in fact I think it lowers our value as a whole. > > We're in a down swinging market, (factorially larger then the "dot com" > crash). As in all bubbles it was based in faith of the ever growing pie. > > > Capital markets are changing in a generational fashion right now. I'll bet > money that realism, and the display of real value, is going to be a very > strong message for a very long time. Conversely gambling will probably be > more of a sideshow. > > > On Sat, Oct 11, 2008 at 12:24 PM, Jared Spool <[EMAIL PROTECTED]> wrote: > > > > > > > 1) either you keep your internal costs lower than all your competitors, > so > > that your margins are always naturally higher, or > > > > 2) you keep your quality high enough that you can charge premium prices > to > > keep your margins higher than your competitor. > > > > > > > -- > Joseph Rich Rogan > President UX/UI Inc. > http://www.jrrogan.com > ________________________________________________________________ > Welcome to the Interaction Design Association (IxDA)! > To post to this list ....... [EMAIL PROTECTED] > Unsubscribe ................ http://www.ixda.org/unsubscribe > List Guidelines ............ http://www.ixda.org/guidelines > List Help .................. http://www.ixda.org/help > -- ~ will "Where you innovate, how you innovate, and what you innovate are design problems" --------------------------------------------------------------------------------------------- Will Evans | User Experience Architect tel: +1.617.281.1281 | [EMAIL PROTECTED] aim: semanticwill | gtalk: wkevans4 twitter: semanticwill | skype: semanticwill --------------------------------------------------------------------------------------------- ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://www.ixda.org/unsubscribe List Guidelines ............ http://www.ixda.org/guidelines List Help .................. http://www.ixda.org/help
