NetAppVoice: Crowdsourcing: Great For Your Business (A Handy Primer) – Forbes:
Here’s a quick overview of Crowd sourcing… and the genius of crowds.
NetAppVoice: Crowdsourcing: Great For Your Business (A Handy Primer) – Forbes:
Here’s a quick overview of Crowd sourcing… and the genius of crowds.
After DNA patent ruling, Congress must encourage genetic research – The Washington Post:
Wow, a unanimous ruling!
This is a good thing. Firms cannot patent DNA. That’s a discovery, not an invention.
It appears however, that they can patent synthetic DNA, so if they invent a new type of….
… of seed or
… new type of person,
Then they can patent it.
Tiny movie: IBM makes nano-sized film about little boy by pushing molecules around (with video):
This is too cool…
IBMers have too much time on their hands when they have time to push atoms around and make a stop-motion video of it.
Kinda makes you wonder on the possible BIG applications of something so very small! ???
A boy and his atom.
Kindle eBook version of the Patent Primer 2.0 is here!!!
Of course you can still buy the hard copy of the Primer 2.0 over a LuLu Press: http://www.lulu.com/spotlight/SBPlan
Broken as designed. It is always fun to see a business model that is broken.
How long before the company run out of cash?
This is reminiscent of the DotCom Bomb where all these Internet companies had no income and no profits. They got lots of funding, though. So this run through of cash was referred to as “burn rate”: how many months of cash did the company have before it completely runs out.
Ouch! 🙁
As the bubble burst, all funding for all of the DocCom companies evaporated. Even worse, the margin calls for all of the investors forced investors to sell everything resulting in a reinforcing downward spiral.
Double Ouch.
One thought, of course is that the increased volume/subscribers will result in the ability to change the paradigm.
I don’t see how you fix Amazon into this mix however. Jeff Bezos makes a killing off of every book sold, even if the author doesn’t.
Keywords: Amazon, AMNZ, NetFlix, Pandora, business model, broken model. burn rate
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