Here’s a Tip for You October 15, 2008
Posted by mycto in economy.Tags: economy, news, tipd
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Unless you have been living in a cave that is under a rock inside a deep hole, you have been subjected to an overwhelming amount of media about the financial markets and the accompanying roller coaster.
Stepping up to the plate is a site that is focused on providing financial news and insights generated by a community. The site, www.tipd.com, allows users to submit stories and then users use a digg-like function to promote stories.
One Dollar Movie Night October 7, 2008
Posted by mycto in economy, music, video.Tags: credit crunch, download, economy, movie, Sony, streaming
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With all the doom and gloom and naysaying going on in the media right now, I thought it would behoove us all to take a deep breath and look at how the credit crunch will make our technology lives better. You will note that I have used the phrase credit crunch and not depression, etc. Why? Because this financial debacle has created an inability for companies to get credit / cash as easily as they could before.
So what?
Movie Night
If companies can’t get access to funds as easily they will slow down development of new products which in turn will lead them to hiring fewer people which means that times will be getting tighter for some.
This is not an economics site, so I won’t bore you here with my thoughts on baby boomer and immigration and how that may positively affect the current crunch.
ANYWAY. Back to our regularily scheduled programming. If a dinner and a movie are going to be too pricey for the average American family, what about a $1 HD download / stream plus some of Orville’s best popcorn? This downtown will force companies in to really innovate and open the gates for small payment options for entertainment. The world may stay home from the malls and the car lots, but they are still going to need something to do. I expect to see announcements from Sony et al soon on massive reductions / price incentives for Blue Ray discs and players, but I think the real tell tale signs will be in movies and shows streaming from consoles and laptops for small prices.
Market Effect on Technology Investments and Start Ups September 30, 2008
Posted by mycto in Business Productivity, fund raising, investment.Tags: economy, investment, survival
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Having lived through the last Dot Com Bomb (barely), it is intriguing to see some similarities in the current state of affairs. As the cash for investment in very risky (read technology) continues to dry up, early phase tech companies need to understand what it means and what to do.
For a great tutorial on this, please check out CNET’s Kara Tsuboi and Webware’s Rafe Needleman in the following video. Best quote for today: Go Where the Cranes Are.
