One way (maybe the only way) Yahoo can succeed

marissamayerAlibaba’s IPO has come and gone and with it Yahoo has lost the role of Alibaba proxy and its shares have begun to slide. Yahoo’s Wall Street honeymoon, if there ever was one, is over, leaving the company trying almost anything it can to avoid sliding into oblivion. Having covered Yahoo continuously since its founding 20 years ago it is clear Y! has little chance of managing its way out of this latest of many crises despite all the associated cash. But — if it will — Yahoo could invest its way to even greater success.

Yahoo CEO Marissa Mayer, thinking like Type A CEOs nearly always seem to think, wants to take some of the […]

Bitcoin quietly goes legit

bitcoin-logo-3dThe U.S. Marshals Service doesn’t normally make economic policy but this week they apparently did so by auctioning 30,000 Bitcoins, a crypto currency I have written about before. This auction effectively legitimizes Bitcoins as part of the world economy. Am I the only one to notice this?

My first column on this subject was a cautionary tale pointing out the two great areas of vulnerability for Bitcoin: 1) the US Government might declare Bitcoins illegal, and; 2) someone might gain control of a majority of Bitcoins in which case their value could be manipulated. While number two is still theoretically possible it becomes less likely every day. And number […]

The Exit Trap

exitI was with a friend recently who has a pretty exciting Internet startup company. He has raised some money and might raise more, his product is in beta and it’s good. It solves a difficult technical problem many companies are struggling with. We argued a little over the name of the product. Of course I thought my suggested name was better or certainly cleverer, but then he said, “It doesn’t matter because we’ll probably sell the company before the product ever ships. It may never appear at all.”

His company will exit almost before it enters. This is happening a lot lately and we generally think it is a good thing but it’s not.

If, like me, […]

Accidental Empires, Chapter 12 — On the Beach

tropicthunderGiven The Startup Channel this chapter on startups is very important. We also cover shareware and I want to point out that Buttonware founder Jim Knopf asked me to respect his pseudonym “Jim Button.” Who was I to argue with that? 

ACCIDENTAL EMPIRES

CHAPTER TWELVE

ON THE BEACH

America’s advantage in the PC business doesn’t come from our education system, from our fluoridated water, or, Lord knows, from our tax structure. And it doesn’t come from some innate ability we have to run big companies with thousands of employees and billions in sales. The main thing America has had going for it is the high-tech start-up, and, […]

The Startup Channel

Screen Shot 2013-02-28 at 6.40.46 AMWe interrupt this book for a quick update on what’s happening in my so-called career. Shortly before beginning this serialization of Accidental Empires I explained that I would be doing some new projects including a book and a startup about startups – The Startup Channel (thestartupchannel.net). The latter project will now launch in April so it’s time to explain.

The Startup Channel will be an online video channel about startups and startup people. You’ll find it probably on YouTube unless some other Internet video outfit makes me a better offer (hint, hint). We’ll be launching with 40 hours of pre-produced content, which is a lot for online video where the […]