There was a meltdown at bookmark sharing website Ma.gnolia Friday morning. The service lost both its primary store of user data, as well as its backup. The site has been taken offline while the team tries to reconstruct its databases, though some users may never see their stored bookmarks again. The failure appears to be […] There was a meltdown at bookmark sharing website Ma.gnolia Friday morning
Jan 31, 2009 When Talking About Business Models, Remember That Profits Equal Revenues Minus Costs There is no shortage of discussion about Internet business models these days. And they almost always focus on revenues. But revenues are only half of the value creation equation. The other half is costs. Let me explain. Businesses are worth the net present value of future cash flows. Cash flows means
Over the past decade, we have built a country-sized economy online where the default price is zero -- nothing, nada, zip. Digital goods -- from music and video to Wikipedia -- can be produced and distributed at virtually no marginal cost, and so, by the laws of economics, price has gone the same way, to $0.00. For the Google Generation, the Internet is the land of the free. Which is not to say com
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