Wednesday, August 27
Marketocracy.com is another site featured in that 2001 Best of the Web issue of Forbes.
What a great idea: "Marketocracy has recruited over 55,000 people to manage over 65,000 model portfolios ... [who]
compete to become the best investors." I'm glad to see that the site is apparently still going strong.
It's a great example of my friend Jono's belief that the best online business models are based on finding suckers who'll do all the work for nothing.
Whatever happened to Bill Ginsberg of shortboy.com fame? Just found this from a December 3, 2001 issue of
Forbes: "Ginsberg took his strategy to the
Web by launching Shortboy.com in 1999. At first, he divulged his picks to anyone who would listen. On July 1, 2001,
Ginsberg began charging $119 per quarter for real-time access to his picks (delayed content is still available free of charge).
So far, more than 200 people have subscribed to the service."
But it looks like shortboy.com is dead and gone now, with nothing posted since year-end 2001.
Have Bill and his subscribers all retired
to a Caribbean island, or what? (Archive.org has pages from shortboy through mid-year 2002,
so I don't know what the deal is.)
Reading through the Silicon Alley IPO list of 1999 is kind of funny now, assuming you have a dark sense of humor.
About.Com (BOUT); Agency.Com (ACOM); Audible (ADBL); Alloy Online (ALOY); Barnesandnoble.com (BNBN);
BigStar Entertainment (BGST); Edgar Online (EDGR); Fashionmall.com (FASH);
ForeignTV (FNTV); 1-800-Flowers.Com (FLWS); HotJobs (HOTJ); internet.com (INTM);
InterWorld (INTW); iTurf (TURF); IVillage (IVIL); Juno Online Services (JWEB);
Jupiter Communications (JPTR); TheKnot.Com (KNOT); Mail.Com (MAIL); Media Metrix (MMXI);
Medscape (MSCP); Modem Media.Poppe Tyson (MMPT); Multex (MLTX); Netcreations (NTCR);
Net2Phone (NTOP); Razorfish (RAZF); StarMedia (STRM); TheStreet.Com (TSCM);
Webstakes (IWIN); WitCapital (WITC); VitaminShoppe.Com (VSHP)
About three quarters of those stocks are no longer listed on the Nasdaq National Market, if they're around at all.
The survivors, just off the top of my head: ALOY, BNBN, EDGR, FLWS, IVIL, MMPT, NTOP, TSCM.
Would have been smart to buy TSCM on the Market Timing dates these last couple
of years. I didn't, though of course my wife recommended doing so. It's worth noting that TSCM hit its all-time high of $70.13
on... its IPO date, May 11, 1999.
A look at the trend in TSCM subscription revenues (in thousands) over the last six years.
What do you think Anna's body fat content is? Single digit I'd bet!
This nut, jfilmguy, compiled his Top Ten Movies from 1950 to present over at Amazon.
Listmania, indeed. (My kind of guy.)
Currently on my Unusual Suspects quote sheet:
ASTM, BCON, CHINA, CIEN, FLEX, GERN,
IIJI, IVAN, MCDTA, MRVL, NPRO, PLAB,
PROX, SINA, UTSI.
Playboy online subscription revenues, 6 months ended 6/30/2003: $8.3 million
($19.95 monthly or $95.40 annually)
TheStreet.com subscription revenues, 6 months ended 6/30/2003: $8.6 million
($24.95 a month or $229.95 annually)
Marketwatch.com subscription revenues, 6 months ended 6/30/2003: $682,000
EDGAR Online "seat-based" subscription revs., through 6/30/2003: $2.9 million
($14.95 monthly or $179.40 annually)
Salon Media subscription revenues, 6 months ended 6/30/2003: $600,000
($6.00 monthly or $35 annually, $22.50 annually with ads)
Discovered PaidContent.org while looking for some other subscription numbers...
a very nice, very slick blog.
James Fallows' most recent Atlantic article The Age of Murdoch is now
online. The complete Fallows Archive. (Note to Sulzberger: The
Atlantic isn't greedy.)
Plan your fall semester now at MIT OpenCourseWare ... or take one of the many
courses in the Archive.
Distributing BBC content online for free.
"The service, the BBC Creative Archive, would be free and available to everyone, as long as they were not intending to use the
material for commercial purposes." Good. Maybe the Public Broadcasting Service in the US can take a cue from this. I believe the
New York Times archive should be open and free as well; why try to grab $2.50 per archived article?
Books to read:
Guns, Germs, and Steel: The Fates of Human Societies by Jared Diamond
(recommended by Jim Griffin)
The Prize: The Epic Quest for Oil, Money & Power by Daniel Yergin
(recommended by Phil Greenspun)
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