Posts filed under “Venture Capital”
My pal JP notes that the iPod wannabe had an utterly disasterous quarter:
Overlooked in the carnage of Microsoft’s second quarter was the performance of the company’s Zune platform. Which was, quite simply, atrocious. Seems that $10 to $20 holiday discount didn’t do much good at all.
According to Microsoft’s latest 10-Q, “Zune platform revenue decreased $100 million or 54 percent reflecting a decrease in device sales.”
A precipitous decline. And one that stands in stark contrast to the record 22,727,000 iPods Apple (AAPL) shipped during its latest quarter, representing three percent unit growth over the year-ago quarter. Can’t really blame this one on the economy, can we Microsoft (MSFT)?
That is just a horrific comparable. It just goes to show you that Microsoft, without the advantages of the Windows/Office monopoly, is simply just another ordinary company — nothing special, nothing innovative.
What do you expect from a big bloated monopolist whose history is dominated by decades of a corporate culture that was more interested in stealing versus creating, in bullying versus cooperating.
Onwards! Their long slide into irrelevance continues . . .
Zune to Be Forgotten
Digital Daily, 12:00 AM PT on January 24, 2009
In search of big ideas in the Valley
click for (pop up) video: Is Silicon Valley Losing Its Magic?
BusinessWeek’s John A. Byrne and Steve Hamm discuss whether Silicon Valley still has its mojo, or will risk aversion and myopia kill the golden goose?
Guess who is the latest firm seeking to jump on the Bailout gravy train? Electric car start up Tesla Motors. “THE Tesla Roadster is an electric car that goes fast, looks sensational and excites envy. The seductive appearance, however, obscures some inconvenient truths: its all-electric technology remains woefully immature and don’t-even-ask expensive. If enough billionaires…Read More
Hysterical: VENTURE CAPITALISTS INVEST IN SOMALI PIRATES VENTURE capitalists in New York and London are pumping millions of dollars into Somalia’s booming pirate sector. Personnel issues are now dealt with via mentoring and third-party arbitration The sharp-eyed investors say Indian Ocean piracy has replaced Bangladeshi t-shirt factories as the developing world’s strongest source of high-growth…Read More
Ben Edelman is a Ph.D. candidate at the Department of Economics at Harvard University and a student at the Harvard Law. He is more than annoyed at spyware.
Ben has been fairly active tracking the activities of spyware companies. While most of us merely whine about the pathetic weasels who put out this technogarbage (along with making an occasional anonymous death threat), he has actually done something productive about it.
"lists major US companies in the spyware business as I define it (tracking and/or collecting sensitive information, either without notice and consent or without meaningful notice and informed consent), along with the investors who have provided these companies with, by my count, at least $139 million of venture funding."
In other words, a list of the VCs who gave money to Malware firms. I wonder how many partners know that they are investors who fund and support Spyware? Let’s hope they apply pressure to their general partners to stop them, and cut the funding off at the source.
I like the idea a lot. Nothing like a little sunshine on bad corporate/VC activity to influence some behavioral modifications.
Investors Supporting Spyware
Category: Venture Capital