February 25, 2004

What is what in the blogosphere?

Hact would have you believe that Orkut is make believe. ActionContents declares that it was built by 40 engineers. Did the handrolled app you love ever turn out to be a dissertation disguised as a fake app engineered by dozens? How often does this happen on the net? I'm serious.

When you first looked at Google did you say to yourself "Wow this is stupid these fools could never compete against a portal like Go?"

When you first used Blogger did you say, "Yea it's cool, I guess, but who's gonna use this silly thing?"

When you had that opportunity from your cousin Fran to invest a bit of cash in some weird start up called Netscape which was about to go public you just laughed and said "Yea like I'm gonna waste my money in the stock market?"

Seriously I want to read your stories about opportunities missed or scams you didn't notice till later.

Posted by filchyboy at February 25, 2004 7:19 PM

Missed opportunity - not buying EBAY at IPO price:

http://www.johnsjottings.com/archives/2004/01/17/the_trade_that_never_was.html

Posted by: john at February 25, 2004 8:11 PM

I had one of those as well. I had the opportunity to take a position in the IPO to a pretty big startup. I didn't take advantage of it because of cash issues at the time. Pity. I would have tripled my money in a matter of days.

Posted by: filchyboy at February 26, 2004 10:36 AM

Costco... what an idiot! I wouldn't put a dime in Orkut I can't see what it brings to the table that I would purchase. Knowing when to jump is important though when you are making huge profits. You have to be absolutely ruthless no playing personal favorites. If Google is a money maker why take it public? The Venture Capitalists want to capitalize on their investments on the IPO hysteria. After the IPO there is rarely any place to go but down. That is almost a guarentee when it comes to Google the most hyped and drawn out IPO to date. They have been floating trial ballons and talking of auctions for months. I am surprised they haven't been bitch slapped by the SEC. They could incorporate offshore and auction their stock in 100,000 share lots.

Posted by: Philip at February 27, 2004 1:02 PM

krispy kreme. man, i blew that one. wanted to invest asap, when the shares were in the 20s. waited till the shares were about 69. then they split. today it closed at 39. the prices have been fluctuating since 9/11. in the 20s, in the low 40s. i really believe in that hot donut experience, especially in bad economic times. going to krispy kreme and watching the donuts come off the conveyor belt, that's a family night out. but i'm wrong, it seems. should have gotten in early.

Posted by: alyssa at February 27, 2004 8:59 PM
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