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4 months ago
in More weekend links from my Twitter account on Futuristic Play by @Andrew_Chen
Andrew, what are your thoughts about the virtual goods market in the larger context of an economic downturn/depression?
Here's a quick preview of the tech scene from a recent article in Barron's:
A Veil of Gloom Descends Across Techland
By Eric J. Savitz
Word Count: 1,308 | Companies Featured in This Article: Semiconductor HOLDR, Taiwan Semiconductor, MEMC Electronic Materials, SanDisk, Micron, Qimonda, Marvell, Research In Motion, Corning , AU Optronics, LG Display, Ciena , Yahoo! , Google, eBay, Research In Motion, Apple, Nokia
THE GREAT 2008 TECH BEAR MARKET IS MOST CERTAINLY not over. Believe me, I wish I could tell you otherwise. But the evidence continues to mount: Demand from both consumers and corporate IT departments appears to be sagging. And there's no sign that we're near the bottom.
Judging by what we've learned in the past week alone, if you were a prosecutor trying to make the case that the tech sector is guilty of over-promising and under-delivering, the defense would have no case whatsoever. Consider:
PC DEMAND SEEMS TO BE SOFTENING....Tech began to show signs of deterioration two weeks ago, ...
Here's a quick preview of the tech scene from a recent article in Barron's:
A Veil of Gloom Descends Across Techland
By Eric J. Savitz
Word Count: 1,308 | Companies Featured in This Article: Semiconductor HOLDR, Taiwan Semiconductor, MEMC Electronic Materials, SanDisk, Micron, Qimonda, Marvell, Research In Motion, Corning , AU Optronics, LG Display, Ciena , Yahoo! , Google, eBay, Research In Motion, Apple, Nokia
THE GREAT 2008 TECH BEAR MARKET IS MOST CERTAINLY not over. Believe me, I wish I could tell you otherwise. But the evidence continues to mount: Demand from both consumers and corporate IT departments appears to be sagging. And there's no sign that we're near the bottom.
Judging by what we've learned in the past week alone, if you were a prosecutor trying to make the case that the tech sector is guilty of over-promising and under-delivering, the defense would have no case whatsoever. Consider:
PC DEMAND SEEMS TO BE SOFTENING....Tech began to show signs of deterioration two weeks ago, ...
4 months ago
in Prosper.com and peer-to-peer lending in the economic downturn on Futuristic Play by @Andrew_Chen
Hmm, the undoing of capitalism; Welcome to Adam Smith's free market!
4 months ago
in Remnant ads and the advertisers who love them on Futuristic Play by @Andrew_Chen
Stanley, you write:
"Boggles my mind to see the mad rush to build Facebook, Open Social, and Web apps without any regard to this. Getting big quickly can only go so far."
and contrast this with DPReview.
Facebook does what it does; whomever "buys" into their model should be held accountable. On the other hand, the Facebook types could claim that $.2 is mighty plenty when multiplied with their numbers. At yet another level, they could start charging more if, say, micro-communities dedicated to digital photography develop...
"Boggles my mind to see the mad rush to build Facebook, Open Social, and Web apps without any regard to this. Getting big quickly can only go so far."
and contrast this with DPReview.
Facebook does what it does; whomever "buys" into their model should be held accountable. On the other hand, the Facebook types could claim that $.2 is mighty plenty when multiplied with their numbers. At yet another level, they could start charging more if, say, micro-communities dedicated to digital photography develop...