Art's comments

You say ..... It always makes me laugh when people try to protect the idea and say their ideas are in stealth mode or they say they thought of eBay a while back. <b></b>I disagree with the implication concerning ideas and it being laughable that they be protected and keeping them under wraps for a while. Ok, in that 4 months how many times did you release your detailed plans and progress to the trade? Please let us know on the vator network and on your website all the ideas that you have decided to work on- as you think of theme and also which woned yu are dripoing and those that your are pursuing. Also, please post the source code of all your games, becasue, of course, it is laughable that internal business operations and plans should be protected.
on In economic downtimes, it's about survival

Yup, I know what he means. I found out the hard way too. I thought that our niche software would grow word-of-mouth among users, but what we are finding is that there simply is not a market - and by market I mean an interconnected and communicating group of people. My users do not communicate with each other, especially about business production process software, because a) they are engineers (generally introverts) and more interested in frogs, than they are at running all over telling people about the new frog they found, and b) because they do not want to tell their competitor about anything that may help out their competition, and c) one of the most surprizing thing found, was that the very end users (production people) actually enjoyed the sensual pleasure of filling out all the paperwork that our software was designed to eliminate! So surprizing was this that I wrote it up at <a target='_blank' href=' http://www.xgeltesting.com/itsallaboutchange.php '>["http://www.xgel...</a> Art xgel data systems
on Mark Pincus' lessons from Tribe - fail fast

Sure thats the ticket... use other peoples money and that way when you lose it you don't have to take a hit. Just like the fianceers did with the tranches in the mortgage industry and the now strident bailout proponents. Ask Scott if he will invest a couple billion in my company without requiring me to invest any? If so then I will send him an address of where to mail the check.
on Scott McNealy on breaking the rules

I Agree - Me My Show - Great Bambi - I would have clocked him too.
on Entrepreneur matchmaking sites

Nice post I am glad that vator does not dump/purge such real world experience posts. This post by David outlines a a primary reason that I have never taken any partners, capital funders, friends, etc into any funding schemes for any of my ideas. Ancient Greek Wisdom is that success has many fathers (people who will claim that it was THEY that made your idea take off), while failure is always an orphan. The ISvs have a term for VC - it is known as vulture capital. Anyway thanks for the post - it is a good reminder that in money's mind, it is the money that rules. It is also cautionary tale to entrepreneurs of the dangers of bringing in outsiders.
on Keiretsu Forum revisited