Comments on: Web 2.0: A Culture of Frugality? http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/ Keeping Tech Sexy Wed, 28 Oct 2009 02:05:44 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: SutroStyle http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2816 SutroStyle Sun, 27 Jan 2008 05:04:17 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2816 I think youku.com will not of course kill youtube, but you should not underestimate the shift of young teens and pre-teens from TV to computers. We are operating a company full of teens (unknown to web 2.0 ;-), and these trends are quite amazing. Also, the flash player now supports H.264 video format (as of the last 3 months) - even on a slow American DSL it plays very high quality video. I think youku.com will not of course kill youtube, but you should not underestimate the shift of young teens and pre-teens from TV to computers. We are operating a company full of teens (unknown to web 2.0 ;-) , and these trends are quite amazing. Also, the flash player now supports H.264 video format (as of the last 3 months) – even on a slow American DSL it plays very high quality video.

]]> By: antje wilsch http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2813 antje wilsch Sun, 27 Jan 2008 04:12:08 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2813 D- didn't say it was. I'm talking about how the game often goes in the valley, which you already know. I have heard many VCs on many panels say they are fiesty sheep. When their peers are validating something it makes people feel better about an investment. D- didn’t say it was. I’m talking about how the game often goes in the valley, which you already know. I have heard many VCs on many panels say they are fiesty sheep. When their peers are validating something it makes people feel better about an investment.

]]> By: Grendel http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2811 Grendel Sun, 27 Jan 2008 03:31:01 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2811 Isn't there anyone in Web 2.0 who's a veteran of Web 1.0? Don't any of them see the parallels? I know it's all hip and cool to think this is all new and things like revenue and profit don't apply... In Web 1.0 we called this myth the "New Economy" and the theory was that it didn't matter if you lost money on every customer, because you'd make it up in volume! It's perfectly rational "New Economy" thinking! Do these Web 2.0 wankers really think that Web 2.0 is more different from Web 1.0 than Web 1.0 was from... nothing? It's laughable. Between making mistakes on not planning the business up front and making mistakes not planning the technical architecture up front, Web 2.0 companies are showing us old timers what screwing the pooch is all about. Isn’t there anyone in Web 2.0 who’s a veteran of Web 1.0? Don’t any of them see the parallels?

I know it’s all hip and cool to think this is all new and things like revenue and profit don’t apply… In Web 1.0 we called this myth the “New Economy” and the theory was that it didn’t matter if you lost money on every customer, because you’d make it up in volume! It’s perfectly rational “New Economy” thinking!

Do these Web 2.0 wankers really think that Web 2.0 is more different from Web 1.0 than Web 1.0 was from… nothing? It’s laughable. Between making mistakes on not planning the business up front and making mistakes not planning the technical architecture up front, Web 2.0 companies are showing us old timers what screwing the pooch is all about.

]]> By: Drama 2.0 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2809 Drama 2.0 Sat, 26 Jan 2008 23:52:50 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2809 Sutro: good suggestion. I just might do it. Regarding youku.com, I have no idea what will happen to youku.com and whether it has the potential to kill YouTube.com. I think movie piracy is a little bit different than music piracy. There are obviously people (like you) who are satisfied with watching movies on their computers. I personally wouldn't do it because a) the quality usually sucks and b) I much prefer the experience of watching a movie on the big screen or my big screen. I think the "market" for movie piracy via sites like Youku, at least in markets like the United States, is far smaller than the market for pirated music. Antje: that's not frugality. But you've given me an idea. I'm going to start offering tours to Silicon Valley entrepreneurs where I take them around the world to see how individuals and companies with real wealth (not paper wealth) do business. Sutro: good suggestion. I just might do it.

Regarding youku.com, I have no idea what will happen to youku.com and whether it has the potential to kill YouTube.com. I think movie piracy is a little bit different than music piracy. There are obviously people (like you) who are satisfied with watching movies on their computers. I personally wouldn’t do it because a) the quality usually sucks and b) I much prefer the experience of watching a movie on the big screen or my big screen. I think the “market” for movie piracy via sites like Youku, at least in markets like the United States, is far smaller than the market for pirated music.

Antje: that’s not frugality. But you’ve given me an idea. I’m going to start offering tours to Silicon Valley entrepreneurs where I take them around the world to see how individuals and companies with real wealth (not paper wealth) do business.

]]> By: antje wilsch http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2807 antje wilsch Sat, 26 Jan 2008 22:49:19 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2807 D- those events etc are what garner publicity and therefore drive hip status and self fulfill their own destiny. Parties, schwag, etc. have the appearance of being money well spent if you can get the cool kids to attend/ wear/ demo - it means that there is tangible evidence the money is getting the company to the vaulted audience - and this is a lot of what is valued in silicon valley as being successful. D- those events etc are what garner publicity and therefore drive hip status and self fulfill their own destiny. Parties, schwag, etc. have the appearance of being money well spent if you can get the cool kids to attend/ wear/ demo – it means that there is tangible evidence the money is getting the company to the vaulted audience – and this is a lot of what is valued in silicon valley as being successful.

]]> By: SutroStyle http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/comment-page-1/#comment-2782 SutroStyle Sat, 26 Jan 2008 09:43:43 +0000 http://www.drama20show.com/2008/01/26/web-20-a-culture-of-frugality/#comment-2782 I wanted to suggest that you start Questions and Answers section on this site, much like in pud.com And here is my first question: What do you think will happen with youku.com ? It has all movies that are playing in theaters now (just watched "Eastern promises") and it will not be shut down like allmp3s.com was, because unlike US deciding whether Russia will join WTO, soon China will decide whether US will stay in WTO. Is this a youtube killer ;)? I wanted to suggest that you start Questions and Answers section on this site, much like in pud.com

And here is my first question:

What do you think will happen with youku.com ?
It has all movies that are playing in theaters now (just watched “Eastern promises”) and it will not be shut down like allmp3s.com was, because unlike US deciding whether Russia will join WTO, soon China will decide whether US will stay in WTO.
Is this a youtube killer ;) ?

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