Spies Like Us

Last week the Obama Administration announced that it would be shortly submitting legislation intended to force providers of all kinds of digital communication services (mail, voice, chat, Twitter, etc.) to install back doors in their services to allow government monitoring of all encrypted digital communication.  No explicit details were given of how this is going to work, nor has the actual legislation yet been introduced.  Hopefully it never will, because it simply won’t work.

It’s not that such technical back doors can’t be written (they can), nor is it even so onerous to force communication providers to change all their software since these services are rewritten often anyway.  The problem is that such back doors will […]

Crunch Time at AOL

TechCrunch, a company made up of tech blogs somewhat like this one as well as classified advertising and some events, announced its sale last week to the new-old AOL for a price widely, broadly, and deeply rumored to be $30 million. Nobody will officially confirm this price but I have no reason to believe $30 million is wrong. It is way too high, but it probably isn’t wrong. The better question is why would AOL pay TechCrunch four times what it is actually worth?

I think I know why.

Since I am not known as an equity analyst, you might wonder what makes me believe that TechCrunch is worth only a quarter of the rumored […]

Google's Pound of Flesh

We all know Google’s corporate philosophy is “don’t be evil, ” but what does that really mean? Is it okay, for example, to be just a little evil, rather than bad to the bone? Or is it okay to enable evil in others? The latter case certainly represents the minimum coefficient of evil I see operating at the Googleplex now that I know the search giant is involved with the Online Lenders Alliance. You know, payday loans.

Payday loans are cash advances provided to consumers until their next pay cycle secured by post-dated checks with most advances not exceeding $500. These loans are for people who can’t find money any other way to buy milk for […]

By |September 27th, 2010|2010|176 Comments

Motivating Miss Daisy

Driving around America for nine weeks and more than 10,000 miles, I’ve had a chance to see how our economy does and doesn’t work. The startups I visited were all good companies — reader favorites, after all — so they tended to shine. And their glow was generally green and even a bit altruistic, yet still based in for-profit philosophy. These are the kind of companies that create industries, build or renew cities and industrial centers — companies that create jobs in the kind of abundance needed to keep our nation prosperous. Yet in terms of government policy, it is as if they are unknown. The Obama Administration just successfully passed important small business legislation, […]

By |September 16th, 2010|2010|157 Comments

Enemy Mine

Shortly after our Startup Tour began this summer, Heath Ledger died. No, not Heath Ledger the actor, who died a couple years ago of an accidental drug overdose — Heath Ledger, my four year-old Garmin NUVI GPS who spoke with an Australian accent. My Heath had been going quietly insane for some time. This is his story.

It seemed like nothing serious at first — a forgotten route, a missed turn, some confusion about where home was. Heath was still Heath but maybe a step slower than in his youth. Then he started routing us gratuitously, sending us to places we didn’t want to go. After that came the endless loops, which with a driver like […]

By |September 16th, 2010|2010|99 Comments