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Felix

9 months ago

in What is Hank Thinking? on Information Arbitrage
Citigroup might be buying Wachovia, but in effect Wachovia is taking over Citibank.
http://www.portfolio.com/views/blogs/market-mov...
1 reply
infoarbitrage's picture
infoarbitrage Felix, that may be true, but the big chiefs are still Citigroup chiefs, even if the retail bank operating bank head is from Wachovia. They are the ones who decide on capital allocation, business development, M&A and overall strategy. Meaning, there is just enough Citi leadership to screw this thing up from here to time immemorial.

1 year ago

in Denton: Evil genius or just plain evil? on Mathew's comments
Hi Matthew -- I take it you've seen my latest 2,500 words on the subject, so I won't reprise them all here. One very minor point: the pay rate was $6.50, not $6.75.

But to Jay's point, Denton's model does reward posts which perform well over time. Your total pageviews are for all your posts, no matter when they were written. And for sites like Lifehacker, old posts can make up a large part of your income, if they have legs.

And the model rewards the generation of reader loyalty, too. If you write one post which lots of people like, you get lots of pageviews, once. If you write a series of posts which generate reader loyalty, you get lots of pageviews, every day. Which is much more lucrative.

1 year ago

in Selling Music Directly To The Fans, But At What Price? on A VC
Fred, you say that "Radiohead is going to release the album on CD early next year through a traditional label deal" -- which is something I'm desperately trying to get clarity on. Do you know this? If so, how?

Because I don't think it's true. Yes, Radiohead are going to release In Rainbows on CD next year. And yes, they're talking to the big record labels. But I suspect that what they're talking to the labels about is much more of a simple distribution deal than it is a traditional label deal. Indeed, it *can't* be a traditional label deal, because under a traditional label deal, the label pays the up-front costs of recording the album in the first place.

So if you have any information on what Radiohead may or may not be talking to the labels about, I'd be very interested to hear it. Given what they've said about the labels in the past, though, and given that they bypassed the labels with the download experiment, I'd be a bit surprised (and disappointed) to learn that they were negotiating an old-fashioned contract.
1 reply
fredwilson's picture
fredwilson Felix

You are probably right, it's a physical distribution deal they are working
on

fred

1 year ago

in The "Obama Republican" on A VC
In late July and early August, Iowa Republican voters were asked to name their choice for president in a University of Iowa poll. Mitt Romney, who leads most Iowa surveys, got 22 percent of the total. Rudy Giuliani came in second with 10 percent. But third place went to a Democrat, Barack Obama, who got nearly 7 percent -- more than Mike Huckabee, John McCain and Sam Brownback combined.
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