That’s not a compliment.
The financial structure of Guitar Center, outlined in this article by Eric Garland, is scary complex. To me, the more complex the structure the more someone is trying to hide what they are doing.
Another good bit:
Then, it hit me. I think I threw my head back and laughed. Chances are, Ares Capital Management will find buyers for Guitar Center debt at 6 – 9% interest, because for financiers today, higher risk just means higher returns, not actual risk – just like back in the mid-2000s.
Lots of good and interesting analysis in this article and some fascinating links.
Joe Zeff’s talking about the Adobe’s Creative Cloud next week @ the Society of Publication Designers.
If you’re in NYC it’s definitely worth stopping by.
Interesting article on Skype and how Microsoft can and does intercept messages.
Basically you should not have an expectation of privacy with these services.
Look like Mayer @ Yahoo is really getting things rolling @ Yahoo!
Here’s the entry for the redesign at Flickr’s blog.
Saw a reference to this was posted over on ‘Daring Fireball’.
The headline is:
Apple brand less ‘inspiring’, survey says
The basic idea here is that ‘someone’ did a survey around the how ‘inspiring’ Apple is versus Samsung. The upshot is that Samsung is now as ‘equally’ inspiring as Apple. I question the whole idea of brands being ‘inspiring’ but I digress.
The survey itself was done by the ‘marketing communications’ holding company WPP. They then have a web site at http://www.culturaltraction.com.
WPP is employed by….Samsung. See here.
So, the BBC takes a marketing survey executed by WPP for Samsung and presents it as ‘Business News’.
How is this NEWS? Is ANYONE paying attention to ethics?
The company just fired the CEO. At least he’s honest.
As Groupon was becoming more popular among consumers I understood what the consumers were after. I never understood Groupon’s business model however.
John Gruber makes a very good point:
I, for one, don’t think there’s anything irrational about Amazon. I admire them greatly, and think they’re a devilishly clever company. Who I think is irrational are the Amazon investors who support Amazon’s continuing lack of profits.
For Amazon scale is the goal and not profit. That’s OK. Just hard to read about people complaining about Apple, beat down the stock and then see what is going on with Amazon’s stock.