In this opinion piece by Tina Brown, she equates new media to the startups of the Internet-bubble era, and the old media to the staid, stately conglomerate companies. She doesn't exactly say it, but I think she's hoping the new media will suffer the same fate as the Internet startups.
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In this opinion piece by Tina Brown, she equates new media to the startups of the Internet-bubble era, and the old media to the staid, stately conglomerate companies. She doesn't exactly say it, but I think she's hoping the new media will suffer the same fate as the Internet startups.
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Same thing jumped out at me.
Bad analogy.
That's clearly her hope. The difference is: dot coms frequently relied on a business model that hypothesized that revenue and profits were no longer important--it was "eyeballs" or some other catch phrase. The crash was inevitable (and I said this long before summer of 1999).
But us FREEPERS don't depend on a business model like that. We do this because we like it. FR's business model is the people who use it support it. It is a sustaining model that isn't going anywhere.
Tina, we'll be around in 2006 and in 2008 and in 2010 . . . and in California and Colorado and . . . (insert scream here :)