Rollback Pricing Now Available on Facebook Stock

Posted on July 1, 2008
Filed Under Bubble Watch | 4 Comments

Attention Wal-Mart shoppers: Facebook stock is now on sale. If you previously wanted to buy shares of the hottest social networking startup in the world but the $15 billion valuation scared you off, you’re in luck. On aisle 3, existing Facebook investors have rolled back pricing on Facebook stock to bargain basement prices - shares are now available at valuations as low as $3 billion!

In a sign that some Facebook investors are itching to sell while Facebook still has value (or before the financial markets implode), it is being reported that blocks of Facebook stock are being shopped around.

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The Wisdom of Drama - June 30, 2008

Posted on June 30, 2008
Filed Under The Wisdom of Drama | Leave a Comment

Drama 2.0 says:

The most interesting characters are usually the most conflicted and flawed.

Permanent link to this post (15 words, estimated 4 secs reading time)

More Social Media Stupidity

Posted on June 27, 2008
Filed Under Marketing 2.0 | 5 Comments

My post yesterday led to a response by Mashable’s Mark “Rizzn” Hopkins, which led to some amusing displays of social media stupidity that I felt worth sharing on this beautiful Friday.

First we have a brilliant comment from “Ling”:

You can’t precisely measure the benefits of ‘good’ social media marketing.

Of course, this begs the question: if you can’t measure something, how do you know it exists?

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Who Says Social Media Can’t Be Measured?

Posted on June 26, 2008
Filed Under Marketing 2.0 | 6 Comments

I always find it revealing that, for all the hype about social media as a marketing medium, the most vocal proponents of its virtues seem unusually ill-equipped to answer basic questions about the claimed successes of social media campaigns.

For instance, the individuals involved with one social media marketing campaign claimed that 200,000 people were driven to an amusement park in Texas. Yet, in response to my deconstruction, the marketer behind it was unable to answer basic questions, such as “How many people did your campaign reach?”, “How many people visited the website you set up?” and “What methodology was used to determine how and where theme park visitors found out about the ride you were promoting?”

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The Wisdom of Drama - June 26, 2008

Posted on June 26, 2008
Filed Under The Wisdom of Drama | Leave a Comment

Drama 2.0 says:

Crime is the lottery of both the ambitious and the desperate.

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TechCrunch Gets into Copy and Paste Press Release Journalism

Posted on June 24, 2008
Filed Under Web 2.0 Kool Aid | 2 Comments

The disdain TechCrunch’s Michael Arrington has for the world of mainstream journalism is well-established.

In the past, I’ve criticized his irrational position on mainstream journalism and have also pointed out that his own standards are often quite lacking (more than once).

Arrington recently made claims about a conflict of interest he thinks exists with the New York Times, so it was with interest that I was sent an email earlier with a link to a curious TechCrunch post.

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Flickr Founder Butterfield’s Resignation Letter Proves Money Can’t Buy Class

Posted on June 24, 2008
Filed Under Web 2.0 Kool Aid | 6 Comments

Valleywag has published what it purports to be Flickr founder Stewart Butterfield’s resignation letter.

Flickr, of course, was acquired by Yahoo in 2005 and Butterfield has joined the ranks of the Yahoo employees who have decided to leave following Microsoft’s failed acquisition bid and Yahoo’s capitulation to Google.

Butterfield’s resignation letter is humorous yet and the same time, makes some arguably valid points about Yahoo’s business strategy.

But I believe Butterfield misses the point and has displayed a severe lack of maturity in writing such a letter.

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RIP George Carlin

Posted on June 24, 2008
Filed Under Commercial Interruptions | Leave a Comment

George Carlin was always one of my favorite comedians. In my opinion, few comedians were as witty, intelligent and insightful as George so I was saddened to learn yesterday of his passing at the age of 71.

I think few understood language and how it relates to us as well as Carlin and his comedy contributed greatly to my interest in the impact of language on culture and thought.

Since George and his comedy added a bit of joy and happiness to my life and caused me to think in the process, I couldn’t help but post this message.

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The Wisdom of Drama - June 23, 2008

Posted on June 23, 2008
Filed Under The Wisdom of Drama | 1 Comment

Drama 2.0 says:

Date down, marry up.

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Inspiration Proves Increasingly Elusive for A VC

Posted on June 23, 2008
Filed Under Culture & Technology | 6 Comments

Last week, a commenter on this blog pointed me in the direction of an interesting post by Fred Wilson, a venture capitalist in New York and the author of the popular blog, A VC.

In his post, Wilson lamented that he’s not finding much inspiration in the technology blogosphere these days.

He wrote:

As technology blogging has become defined by blogs like Techcrunch, Gigaom, VentureBeat, Valleywag, PaidContent, AlleyInsider, and many others that are quickly becoming news organizations optimizing around scoops and driving readership, I am feeling that we’ve lost something, or at least we need to look elsewhere for that magic that was existent back in the first half of this decade.

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