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Technology, Culture, Commentary on the Internet Revolution

August 8th, 2008

Rackspace IPO: $1.45 Billion

The tech IPOs are back, baby. Rackspace has a longstanding reputation as the luxury hosting company, the one you get before your business grows into needing a CDN. They were actually YouTube’s first hosting company: just two years ago, Chad and Steve had over a hundred servers there. Their IPO this morning is an overnight […]

By Mike Abundo -- 0 comments

June 26th, 2008

Dvorak: Yahoo Shareholders Sick and Greedy

I think Yahoo did the right thing by fighting the Microsoft takeover, and any Yahoo shareholder who thinks otherwise is a whiner. I’ve read much of the tech blogosphere, especially Michael Arrington, side with the whiners. Good to finally see somebody take the long view of things.
John C. Dvorak chastises the whiners in a recent […]

By Mike Abundo -- 4 comments

June 7th, 2008

Top 10 Dotcom Bombs

Because of CNet’s really, really, really annoying tendency to spread simple lists across eleven slow-loading pages just to rack up pageviews, I present to you their countdown of top ten dotcom bombs in one post.
Tags: AudioGalaxy, Beenz, Boo.com, Business, Heat.net, JenniCam, Nupedia, Pets.com, Stage6, Webvan

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By Mike Abundo -- 0 comments

May 15th, 2008

Corporate Tech Drama Week!

Sigh. I knew all that competitive coolness over the weekend couldn’t last. Now towards the end of the week, we’re stuck with people either buying, salvaging, or raiding stuff.
Comcast buys Plaxo. Pathetic. This is an ISP with a bad reputation buying a social network with a bad reputation in a lame attempt to look “cool”. […]

By Mike Abundo -- 3 comments

May 14th, 2008

Top 10 Tech Workspaces

Valleywag is holding a contest to rank the top 10 workspaces in tech. Candidates include wealthy giants like Google and plucky startups like Digg.
Personally, I prefer my tech workspace: my bedroom. Commute consists of rolling out of bed. Traffic consists of finding my flip-flops.
Tags: Business

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By Mike Abundo -- 0 comments

March 19th, 2008

The Nontech Crash is Sweet Revenge

In 2000, the tech sector fell while the douchebag sectors laughed. In 2008, the tables have turned.
As the mortgage-backed securities market implodes, taking long-standing banks like Bear Stearns with it, investors are wondering whether we’re in for a repeat of the dot-com implosion of 2000. The answer, say some economists, is no — and while […]

By Mike Abundo -- 1 comment