V?gas........................
Deals that don't work aren't necessarily fraudulant.
Deals don't proceed in many businesses even small ones
like mine. I've been telling people that I had a job
renovating a large theater. The company for which
I've worked for 5 years told be to go full speed ahead.
That was until they told me that the company that
bought them had their own consultants, and therefore
I was told that I may not have the job after all.
Did I lie to the people I told I had this job?
Whenever you're a service company, you don't
have control over he clients you served. This seemed
to be the case with Max Biffi and Disney.
The deal didn't pan out. Was this a lie?
Or was it simply business?
Regardless many, if not most, internets will fail even
if they have a "deal" or two that apparantly
worked or even if they posted tremendous revenues
that didn't back out costs.
Thus I have no objection to opposing points of view,
but I do question language that speaks of halts and other
hysteria without looking at what has occurred within the
context of a very high risk and speculative sector in a
very speculative market especially when the euphoria
has worn off and the sector is out of favor.
Like I wrote in my prior post, the charity model deals
like Babe Ruth and Lifetime Learning weren't effective
because IMO these deals depended upon a distributorship
of local operatives. Tsig screwed this up partly due to
lack of funds, and partly due to poor diligence in the
acquisition of the original cd company.
Regardless that history is well known and documented.
That management is gone. However new deals with CoCa Cola
and Penzoil have continued, and the b-model has shifted
towards corporations with the realities of how money
is or isn't going to be made through the internet.
Tigi's structure may or may not be able to take
advantage of this. That's the risk. I've changed my mind
about many other highly speculative companies,
I've stated my opinions, and then moved on.
Here I still like the model, but I make no assertions
that it will ever be profitable. I openly acknowledge
that the company may fail. I'm not fanatical about it.
On the other hand, you seem quite fanatical.
You just seem to not be able to move on, and
then feel the need to attack anyone and everyone
who tries to understand what has occurred good and bad.
You must have lost a lot of money you
couldn't afford to lose to be so acrimonious
or so it would appear.
Again, just my opinion.
z |
