Back in the 90’s one of the foremost principles of economics was on display when auction-site eBay encountered the Beanie Baby phenomenon. eBay is a fantastic resource for valuing physical goods precisely because it demonstrates a pure economic lesson that beforehand had been hard for many people to quantify on a mass scale: Things are [...]
If you’ve stumbled upon this blog, it’s probably because you saw me posting comments on a blog like Techquila Shots or TechCrunch. As a result, you’ve probably read some of their excellent postings about Odeo founder Evan Williams’s new app, Twitter. If so, I’m glad you are here because I have confession to [...]
Since I warned you earlier about the pitfalls of trying to slap ads on your website, it’s only fair that I offer some real ways to generate revenue. My belief is, and always has been, that if a product is to truly succeed in any marketplace, users need to pay for it. As such, I [...]
What could be easier then building some cool web 2.0 product that attracts people far and wide? They come to the site, hang out, conversate, post things, share things, so on and so forth. Then, once they are hooked, you’ll start introducing subtle advertising powered by Google or AdBrite. Maybe, with the [...]
