Google to Acquire Twitch for $1 Billion

May 19, 2014

Here’s BBC’s version of tonight’s news story about Google’s proposed $1 billion acquisition of Twitch; you can find many more stories of equally pricey deals during the last few years.

There’s no point in pontificating about a new Internet bubble. The maneuvering of high tech firms is so unusual this time around that “bubble” doesn’t begin to describe the shape. (more…)

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Airbnb and the Comfort of Strangers

July 31, 2011

“Travelling is a brutality. It forces you to trust strangers and to lose sight of all that familiar comfort of home and friends. You are constantly off balance. Nothing is yours except the essential things – air, sleep, dreams, the sea, the sky – all things tending towards the eternal or what we imagine of it.”
— Cesare Pavese, quoted in The Comfort of Strangers by Ian McEwan

The moral of my Airbnb saga is simple: this company is still using training wheels while it’s being funded like a mature adult. (more…)

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