SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (150842)2/12/2002 3:09:38 PM
From: KeepItSimple  Read Replies (2) of 436258
 
The really fun part is that this is how 90% of publicly traded tech companies operate. During the dot.com boom, ad-bartering provided 99% of all revenue in the industry, when in fact no cash ever exchanged hands.

Just wait until the SEC backtracks and investigates some of those massive frauds. Insiders at yahoo, ebay, theglobe, pets.com, and EVERY OTHER GODDAMN DOT COM ON EARTH spent most of 1998-2000 running ad-barter swaps all day long. It was the only source of "revenue" available to them, since everything was given away free to internet users.

-----------------------------
Asked by a Congressional panel Tuesday if he was aware of Enron's intricate and impenetrable accounting practices, former Enron Chairman Kenneth Lay, speaking through an attorney for a Caribbean subsidiary of a joint venture created with money from an investment partnership that was partially owned by an internal offshore hedge fund that originally acted as a shell corporation for a second investment partnership spun off from three separate private partnerships created with stock and options from the first partnership which enabled the fourth partnership to record losses unattributable to the Caribbean subsidiary of the joint venture corporation, refused to answer.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News