• armchair general

    Why Amazon.com Should Buy Digg

    Digg needs to sell itself. Kevin Rose's headline-voting site is drowning; the more popular it gets, the more red ink it generates. But who needs a bunch of news stories rated? Here's an idea: Amazon.com. More »
  • armchair general

    Fire Yahoo's board!

    After a CEO's ouster, the knives always end up in the wrong person's back. Take how Jerry Yang is being ritually badmouthed now that he's out of Yahoo's top job: Such a nice guy. We all loved him. But he couldn't make a decision to save his life. Now, Yahoo's board of directors is being lionized for giving the nice guy the boot, and heroically engaging in a search for his replacement. But aren't they guilty of the same sins? More »
  • facebook

    Why Facebook is foundering

    The great hope of the Valley, the startup everyone thought was the next Google, the company whose IPO might restart the stock-market gold rush for everyone, is not well. Why? Look to its founder. Mark Zuckerberg is mismanaging his creation's transition to greatness. In Facebook's own parlance, the company's plight is "complicated." It will take in $300 million to $350 million in revenue this year, thanks in part to a lucrative ad deal with Microsoft. But its $15 billion valuation is premised on a far brighter future — a future that may never materialize. The biggest symptom of Facebook's ailment is the flight of technical talent. In the Valley, success attracts smart people, who attract other smart people. Yes, they're after money, too, but having brilliant coworkers counts for a lot. These great minds bond and form, yes, a sort of social network of their own. When they leave, the network frays, weakening the company's ability to attract new talent. More »
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