Hackers for right, we are one down.(from a tweet by Tim Berners-Lee father of the World Wide Web)
His eyes haunt me. From those pictures that adorn the articles that pay tribute to this astonishing young man, he stares out at you. Depending on the shot, he is alternately mysterious, thoughtful, intense and occasionally mischievous.
His accomplishments daunt me. At 14 he was co-creator of RSS, the syndication process is at the core of internet publishing. He co-founded Reddit the social news web-site which, love it or hate it, is one of the most active forums of real discussion on the internet.
His passion for freedom inspires me. He was a co-founder of Demand Progress, a group which fights for Internet freedom.
His death diminishes us all. Continue reading
The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog.
Here’s an excerpt:
600 people reached the top of Mt. Everest in 2012. This blog got about 2,200 views in 2012. If every person who reached the top of Mt. Everest viewed this blog, it would have taken 4 years to get that many views.
Click here to see the complete report.
I am told that the world ended on December 21st. Not a minute too soon.
Not that anyone would miss it. Not after this year!
Oh, yes, it started with great promise. New Year’s Eve came with celebration, with hopes for a bright and wonderful future and of course, with the mandatory resolutions and promises for change. By the next morning, New Year’s Day, throbbing heads and broken vows ushered in a year of faded hopes and broken dreams. Three hundred and sixty-five crappy days to go.
It was a year where hopes were raised, only to be dashed again.
Arab Spring deteriorated into failed states and lost dreams. We marvelled at the courage of the people in the streets. We hoped for their liberation and the creation of authentic democracies. We watched as the dreams faded. We saw the new political order echo the words of the Who – “meet the new boss, same as the old boss”.
Not that things were any better on this side of the ocean. The US election was a giant disappointment. Was their ever a time when that nation truly needed to reinvent itself, to have a vigorous debate and contest of ideas? This was truly an opportunity to unite a nation and meet the challenge of a difficult future. Instead, it fizzled into schoolyard name calling where a divided nation electing the person they feared the least and even that by only a slim margin. Deadlocked and leaderless, the once most powerful nation in the world marches lemming-like towards a fiscal cliff of their own making.
Filed under Change, People
A post has been making the rounds on the internet titled, “It’s Becoming Clear That No One Actually Read Facebook’s IPO Prospectus Or Mark Zuckerberg’s Letter To Shareholders.“
I had to admit that I was on the people who hadn’t read it. Of course, why would I? I wasn’t going to be buying any Facebook shares.
I didn’t need the prospectus to know that the hype was not justified. No matter how I looked at it, I couldn’t find a rationale that supported the price.
Where do I start?
If you understand what is going on in the world of on-line advertising — if you did the slightest bit of homework — it would be obvious that it would have taken a small miracle for Facebook to deliver earnings that would justify the sale price. The only people who were going to make money on this deal were the original shareholders and those same people who gave you the mortgage backed securities debacle that nearly torpedoed the US economy.
Or even without understanding the industry, if you looked at the fundamentals alone — earnings versus share price — there was no possible support for the share price.
The only explanation I could find for the price? P. T. Barnum once said, ”There’s one born every minute.” I wasn’t going to be part of it. So I paid no attention.
And frankly, I wrote off Zuckerberg.
That, as it turns out, was a mistake. Continue reading