Tag Archives: Ebay

A Good Chart

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Chart of the day.

Why the newspaper industry collapsed.

Classifieds.

Google.

eBay.

Craig’s List.

Free websites are better than paid for newspapers. And on and on. Click here. This is quite telling.

It has always been surprising to me. Newspapers have a collection of really talented and really smart folks who tell everyone how to run their business yet – see chart – why didn’t the collective talents see this coming and strive for reinvention and a rebuild of their own? Yikes.

A Bunch of Hype

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Wow. Sometimes I read statements in the media and have to shake my head.
 
Payments is a space we know something about. Revolution Money is one of the companies I am very excited about. I serve as Chairman. We have a great investment group and a fantastic, experienced management team and sophisticated investors in the space such as Citi and Goldman to name a few.