 |
 |
 |
|
The last ones leaving the site please turn the light out SixDegrees is returning to absolute zero on December 31. In the middle of their pro forma farewell BS, they say this: Please retrieve all information from your groups and bulletin board postings and exchange contact information with your sixdegrees friends and group members. Pretty creepy. What archival goodies have you entrusted to servers at dot-coms with little money left to burn? Blogrolling The latest JOHO is out, and full of the usual great shit. Even Republicans should get a kick out of it. (Perhaps literally.) The least fool rule Nice piece by Dan Gillmor in yesterday's Mercury News. Strong stuff: A daisy chain of entrepreneurs, venture capitalists, Wall Street investment bankers and stock brokerages pulled off something unprecedented. They transferred almost all risk into the public markets. He smites just about every profession that tempted the greatest fools, including his own: We celebrated the 21-year-old billionaire of the week. We raved about companies with tiny revenues and no prospect of earnings as the harbinger of a new world, when the newly rediscovered reality was firmly rooted in old truths. If we had a few more writers like Dan, we'd have a lot fewer bankruptcies in the offing. Speaking of which, here's what one dot-com CFO recently told me this about the New Economy: "It's the Titanic. It hit the iceberg of Reality, and it's going down. The only lifeboats are companies that still have money left to burn. There aren't many of them, and they're surrounded by all these hopeless companies, desperately crying out, 'Please buy us or we'll die!'" Maybe because the "experience" they want each user to have is to actually find something Why is the oldest and simplest directory on the Web still the most popular? Finally beating that book about cutting the cheeze
|
