The Death of Silicon Investor Message Board

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Pastimes : The Death of Silicon Investor

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To: (Bob) Zumbrunnen who wrote (350)	1/1/2002 9:37:43 PM
From: Vendit™	Read Replies (4) of 1003

Bob No, that really leaves no voids. I just happen to disagree with you. I thought I would give the SI posse plenty of time to show his or her hand before I responded to you. They delighted me beyond belief. I was amazed to see that I caused such uproar and received so many personal attacks when I posted facts to you about the reality of message board business models being a failure. I have repeatedly asked you and others to show me a profitable message board yet no one has or can they because there are none. I posted here that I suspect that “someone” was using this thread to drive his or her personal agenda but you ignored my agenda theory idea and tried to shift blame to me as me having a chip on my shoulder, which is not the case. You were trying to cover up the agenda. My post December 28th; Message 16841098 Your CEO-IHUB post January 1st, 2002. investorshub.com I have stated that anyone who invests in a message board is going to get a dose of reality. INSP supports what I think to be a negative cash flow generated by the Internet’s finest investment forum, SI. I suspect that cash heavy INSP cannot sell SI for what they paid for it because the business model has withered on the vine……while revenues are waning but this is just my own theory. Whether I am right or I am wrong about INSP/SI is not important as much as the thought that a small investor can blindly take a private personal position in a privately held failing business model entity and have any hope of recouping their investment, much less gaining a reasonable return on investment. Tapping out code or owning a domain is a fraction of what it takes to succeed in any business. It takes a solid business model. AOL and MSFT and a few others seem to have successful publicly traded Internet business models. Some recent posters on this very thread take or have taken money from their “assw” “daddy” to survive because they are too lazy to work or think for themselves, others are recovering from person chapter 13 filings because they have made stupid financial mistakes in the past. These people are making their own way in life by over playing their hand to the fullest and then falling back on someone or something else to save their hide. Others are being paid a salary from large companies to perform certain jobs for the company(s) yet they spend most of their company paid time posting in chat rooms or on message sites and not producing for the company who pays them. Most if not all of the SI IDs that I see on this thread are far from knowing the reality of successful business ownership. I wonder how many of them know that when you buy a business you inherit the business LIABILITIES when you buy the assets. The liabilities may include pending unpaid and over due debt, unanswered lawsuits, pending or yet to be filed business related legal regulatory actions. Most novice business owners do not bother to get a personal attorney when they enter a risky deal and those who do not nearly always get burned. Good luck to you…..

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