18th
December
2006
“Good deals are obvious. Great deals are not. News Corp’s $580-million purchase of MySpace was ‘Murdoch’s Folly’ no more when Google paid $900 million to power MySpace search. In that spirit, here are the top nine business moves from 2006 that don’t make sense — at first. Below, the video that started Deal #1.”
posted in Business | Permalink |
18th
December
2006
“Too many leaders are promoted because of what they know or how long they have worked, rather than their skill in managing others.”
posted in Leadership | Permalink |
18th
December
2006
“Jim Buckmaster, the chief executive of Craigslist, caused lots of head-scratching Thursday as he tried to explain to a bunch of Wall Street types why his company is not interested in ‘monetizing’ his ridiculously popular Web operation. Appearing at the UBS global media conference in New York, Mr. Buckmaster took questions from the bemused audience, which apparently could not get its collective mind around the notion that Craigslist exists to help Web users find jobs, cars, apartments and dates — and not so much to make money.”
posted in Business | Permalink |