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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 10-10-2007, 04:22 PM   #1
$5 submissions
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4 Billion Dollar lesson in the value of Hype

http://bits.blogs.nytimes.com/2007/1...value-of-hype/
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Old 10-10-2007, 05:45 PM   #2
RawAlex
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There is more to this story as well.

The technology underpinning Skype is P2P. The guy basically took the technology, and went off and formed up Joost to do TV stuff with the same technology.

Strike one for Ebay, you should have bought the technology from the guy, not just the product.

Second, they bought a company with no true path to significant revenue levels. The entire growth had occured when everything was free. As soon as they started to push the pay for play features, people left the room.

Strike 2 for Ebay.

The third part hasn't come yet, but it will. All of those technologies are dependant on end users running the software and allowing others (often without their full knowledge or understanding) to use their computer as a node to carry traffic. All of these types of sites leach bandwidth from all over. ISPs are grumbling about stuff like this, and it only takes a few major carriers to say "no more" for this business model to come crashing down.

Ebay, strike three isn't far away. Spin this shit off before you have to write it all down.
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Old 10-10-2007, 06:36 PM   #3
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Ouch....
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Old 10-10-2007, 06:38 PM   #4
Drake
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Zennström's got the internet marketing game down pat. He just keeps going and going, making bling along the way.
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Old 10-10-2007, 06:41 PM   #5
SleazyDream
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any idiot can state stuff AFTER the fact
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Old 10-10-2007, 06:42 PM   #6
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Quote:
Originally Posted by RawAlex View Post

Ebay, strike three isn't far away. Spin this shit off before you have to write it all down.
Yep. Ouch.
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Old 10-10-2007, 06:43 PM   #7
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awwww ouch
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Old 10-10-2007, 06:44 PM   #8
yumma
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hope so thats crash the billion projects market - all these tubes, spaces and other shit don't cost their money
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Old 10-10-2007, 06:52 PM   #9
gornyhuy
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Quote:
Originally Posted by SleazyDream View Post
any idiot can state stuff AFTER the fact
Amen brother.
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