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Category: Business (Page 16 of 24)

Limiting Congress’ Right To Speak Online? This Can’t Possibly be True

Ok, this link comes from Slashdot.  Reputable source, but one of those things that you read, then read aloud, then re-read to make sure you really understand it, and then finally mutter to yourself, and think about how much money you have in the bank and which island you could survive in with that amount of money. 

This report can’t possibly be true.  It must be some sort of misinterpretation.  But here’s a synopsis, along with the full report:

Democratic House Speaker Nancy Pelosi….. is scheming to impose rules barring any member of Congress from posting opinions on any internet site without first obtaining prior approval from the Democratic leadership of Congress. No blogs, twitter, online forums – nothing.

Someone tell me this is all a mistake.

What If…. Google Hadn’t Bought YouTube?

Adotas has a story today about Google’s problems monetizing YouTube. 

If you remember, Google bought YouTube in 2006 for $1.7 Billion, which after complex calucaltions, came out to be a multiple of about $1.7 Billion.  That’s not true, they made some money, but the valuation was shocking.  Revenue this year is estimated to be $200 Million.  A fine amount of money. 

But, my goodness the costs must be enormous.  How many trillion streams are they broadcasting at what processor and bandwidth cost?   Wikipedia estimates $1 Million per day on Bandwidth alone.

So now imagine for a second that Google had not bought YouTube, and allowed it to lose money at an astonishing rate.  If YouTube was currently running around the investor community asking people to pony up money to fund the TV watching habits of the next generation.  At some point, the bleeding would have to stop.  Imagine some new scenarios for owners of YouTube:

  1. Comcast:  *Poof* All of a sudden it’s a paid subscription channel, and no copyrighted broadcasts would make it to air.
  2. Microsoft?: YouTube becomes MSN Video
  3. An "Orbitz-like" joint partnership between Disney, Viacom, and General Electric: YouTube meets Hulu.
  4. Fox: The new MySpace Videos?

I guess my point is that next time you are enjoying some free entertainment, be happy YouTube was bought by a company who thought it was a cool idea, and would figure out how to make money on it 5-10 years down the road.

 

 

Seattle Loses A Piece of Itself, What Does a Fan Do Next?

Well there you go. 

A region with Microsoft, Amazon, Starbucks, Boeing, Washington Mutual, Safeco and Weyerhauser couldn’t find enough tax dollars to keep a piece of history intact.  An international talent pool of software executives, engineers, bankers and real estate moguls, with more college graduates per capita than anywhere in the nation, couldn’t find a few people to hammer out a suitable solution.

So who do you blame?  Sure, you want to blame Clay Bennett.  While he may be a liar, he’s simply a guy who is going to be given a hero’s welcome and key to the city in his hometown.  He never again has to fear taking a wrong turn and running into a homeless heroin addict drinking a latte on Broadway.   Given the chance to take your two-bit town and and make it a major league city, wouldn’t you do the same thing?

So now try to blame Howard Shultz.  He got snookerd into selling to Bennett.  But he didn’t want to sell.  He did everything but beg for some money to renovate Key Arena.  The team was losing money like there was a hole in the bottom of its bank account.  And here’s the dirty secret.  It wasn’t Howard that was getting killed.  His 50+ partners, the guys who retired from Microsoft and thought the stock market would never stop rising, were the ones who needed to stop writing checks every year to cover the losses.  So they went to Olympia, and Olympia gave them the finger.

So is it Olympia’s fault?  The City Council’s?  Well of course, but there is a bigger culprit in all of this.

It’s the fault of the fans who live in and around Seattle. It’s at least partly our fault.

We did the famous passive-aggressive Seattle shuffle.  We complained, but took no action.  How many of us vote regularly, or ever, in a City Council election?  How many of you know your District Rep or State Senator in Olympia?  One day we all looked up and realized some pseudo communist named Nick Licata, who starts meetings about the Police budget with a poem, was in charge of the team’s fate. And even then, we relied on the Save Our Sonics guys. (Great effort guys.  I exempt you from this.  You really did all you could, and we should commend you.)

But scroll through the list of successful executives who live in Seattle, and then match it to the backgrounds of the people on OUR City Council.  It’s a shame.  It’s embarrassing.  We voters have all been asleep at the switch.

Now let’s take it one step further.  It’s just basketball.  There are really WAY more important things than basketball.  Like Schools and  Transportation to name two.  These are complex problems with many variables.  The Sonics situation was a simple problem with a single variable – how do we creatively make a fiscally responsible decision that also helps the owners of the team?  Simple problem.  Give me and 10 friends a night at Dad Watson’s with all of the relevant data and we could come up with something.

But OUR elected officials couldn’t handle something this simple.  Now, what makes you think they can handle Transportation or Education?

The team is gone.  For most of us, it’s the first time we realized our leaders were so inept.  But it’s our fault for not paying attention.  We should have clued in after the Monorail debacle, and we all paid $500 for car tabs for a mode of transportation that didn’t exist.  We should have clued in when our gas tax skyrocketed and the roads got worse.  Now maybe we’ll get it.  Do some research.  Personally, I don’t know much about Drago, Godden, Licata, Curly, Larry and Moe, but I will certainly find out. 

If the loss of basketball in Seattle pains you, then realize this Council, this Governor, and this Legislature, WILL hurt you again.  Blame the first pain on your own naivety, but blame any upcoming pain on being inactive, and not working hard now to correct who is "representing" you.   

If you can’t make fun of a mass exodus, what really can you make fun of?

I suppose we all should have seen something like this coming.  With nearly every key executive who is not named Yang fleeing the sinking ship formerly known as Yahoo, a few enterprising young folks put togteher this web site to make it easier to write your resignation letter.  Ah, must be good times down there. 

Down the road it will be fasicnating to review the complete company history of Yahoo, and analyze their strategic decisions.  Can you think of any other company that had such a specacular rise and (possible) fall in just a 15-20 year period? 

Your Latest Ad Spending Stats

I hate taking stuff off TechCrunch, since you probably already saw this report there.  But you need to know these ad spending stats, so it’s worth seeing twice.  So, here’s the question I have for you – Will Online ad spending keep going up, or are we about to get nailed by the recession so all ad spending, including online, goes down next quarter?

adspending.png 

5 (or so) Reasons Everyone Should Attend Monday’s Sonics Rally

This Monday at 4:30pm, the Save Our Sonics Organization is hosting a rally on the courthouse steps  (700 Stewart St., Seattle). Sonics legends Gary Payton and Xavier McDaniel are confirmed to attend and speak at 4:30 pm. Other Sonics Legends have been invited and are expected to appear.

Now whether you are a die-hard fan, casual observer or don’t even care and just live and work in Seattle, here are 5 (or 7) reasons you should show support.

  1. For the first time ever, a city and state did not bow down to a league that demanded a new tax-payer funded stadium.  You should show that a league should not punish a city for this appropriate action.
  2. Over 41 years, more than 20,000,000 people have watched Sonics games in person.  That’s a piece of history that should stay – and I bet it’s more than have watched the symphony, opera and ballet combined.
  3. You cannot idly sit by and watch an Oklahoma Oil Baron (who is also a Republican) come rob the eco-friendly Pacific Northwest of one of its assets.
  4. At least some of your friends care about this, so you should support them.  They contribute to your Sierra Club, Humane Society and kid’s school’s auctions.  This doesn’t even cost you anything.
  5. It’s happy hour in Seattle – what an excuse to kill an hour off your work day on a Monday?  
  6. David Stern is proving to be an arrogant, very bad man.  Don’t let him get away with this without Seattle making some noise.
  7. There’s about a 1% chance the team survives.  If that miracle occurs, 34 years from now on the Sonics 75th anniversary, don’t you want to tell your grand-kids, "I was at the rally that proved to be the turning point."

 Get there – do your part.  Make it a huge rally that gets on the national news. 

More NBA Image Problems

Ok, if you are the NBA, how do you address this PR nightmare?  You already have an NBA official who has admitted to taking money to throw games.  Now this official is naming other refs and other games that have been fixed – playoff games at that.

Anyone who has ever watched an NBA Playoff game has walked away wondering, "There were some weird calls in that game…"  In fact, I believe Mark Cuban even hired his own stats guys to chart how refs called games, and which ones were more inconsistent than others.

Contrary to opinion, it really would be easy to fix a game.  Consider that each team has the ball about two times per minute.  And you figure almost every player touches the ball at least once per possession.  And maybe 1/2 the touches result in some sort of light contact from the defender.  A couple of quick innocuous foul calls in the 1st quarter put a player on the bench.  A couple more in the second half keep him on the bench.  And most teams can’t compete when they have a starter on the bench all game.

But the question is, how does the NBA respond?  Do you believe the guy who admitted to being guilty?  Or do you believe the guy who is moving a basketball team from Seattle to Oklahoma City for what he says is in the "best interest of the league."   Who really has more to lose at this point? One guy who has no hope at ever getting his job back is trying to cut down the number of years he’ll be in jail.  The other guy is trying to maintain the image and value of his billion dollar enterprise.  Who do you think would be more willing to stretch the truth to protect their interests?

And just a side note – is there a coincidence that this allegation comes as the Lakers play the Celtics, a revival of when the NBA was great, and a chance to showcase the NBA’s heir apparent to Michael Jordan and coach of the century.  Plus, many people wonder how a GM who was vilified by press and fans for being inept, managed to get Kevin Garnett from his buddy Kevin McHale and Ray Allen from an owner who wanted to move his team to Oklahoma City.   Did the league orchestrate the move to bring power back to Boston?  Maybe that’s the next revelation….

Should We Revisit the Seattle Monorail

A few years ago, we had this crazy idea to build a monorail, that would start in downtown and brtanch out to two of Seattle’s far flung neighborhoods, Ballard and Seattle.

By most accounts, the whole plan was run by the guys who drive clown cars, and the money guys needed an abacus to count sea shells on the beach.  It was the little engine that couldn’t even though all of us have spent about $1500 in taxes for the train that never ran.

But is it time to dust off the powerpoint, and re-run the Excel spreadsheet with new numbers?  Interest rates have never been lower, so the money would be cheaper.  Gas prices have never been hire, but will be tomorrow (and the day after, and the day after that, etc…), so you can assume ridership will skyrocket.   And now we have a real crisis, and you see how civic leaders (i.e. Steve Ballmer) suddenly appear in times of crisis.

Sometimes great ideas have terrible execution, or poor timing, and all it takes is a different team on a diferent day to turn a dud into nirvana.  Think the Smarte Car, which 25 years ago was a dog called the Yugo.  Or the iPod, which in 1997 was a dorky thing called Diamond Rio.  The Newton never made it, but pieces of it came back into every PDA sold from 2003-2007. 

So, what do you think?  Why not revisit this whole monorail thing, with a new team driving the project? 

 

Interview With Facebook Execs at “All Things D”

I found these interviews with Facebook’s Sheryl Sandberg & Mark Zuckerberg at FaceReviews.com. The interview was part of the All Things D Conference.

Very interesting interview that runs through the Facebook goals and vision, some insight into what they thought was important as they went from a 3 man side project to Media powerhouse, how FB applications will evolve, and some looks to the future.



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