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Re: Who's Worth What and Why
by
James Cogan
"Hi, anonymous."
Whoops. I didn't intend to be anonymous. I filled out the contact info but it didn't put the info on the comment, although I see my name on it. I've now created a profile. My bad.
"We shouldn't allow BW to ruin 2.0 by giving the masses the impression that we are going down that path again."
Actually, Kevin Rose should never have allowed that to happen. You never 'kiss the trophy' before you've won the match. It looks and smells terrible. Bad move. A real faux pas. Butterfield/Fake didn't get villified for their Newsweek cover, did they?
"I would rather have seen an article about 10 companies generating $1M in profit"
Totally agree with you on that.
"1 company that can now afford to pay the rent."
By your above definition could Digg actually qualify? They might be pulling a $1M profit right now. But you are underestimating their market/brand influence, considerably, and what that could be worth to a potential suitor.
"You better decide if you're just having fun, or building a business of value."
What about having fun building a business of value?
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