The Inconvenient Truth About Current TV's $100 Million IPO

Wow, a company that's done nothing ever but lose money is filing for a $100 million IPO. Didn't Vonage (VG) already try this once?

Initially I really liked the idea of Al Gore's Current TV (CRTM). I thought it would be really cool to watch. Then I tried watching it once, twice, three times.

Current TV's headquarters in San Francisco

It's as boring as watching a damn sand hourglass. I mean seriously, I'd rather watch re-runs of the good old Reverend Dr. Gene Scott (may he rest in peace) than Current TV. I mean, there's a reason most internet video is, well, internet video, right? And I mean myself included here. Trust me, I won't be winning any academy awards for my performance in photowalking videos. Give me a call if you want to do lunch though, Al.

Maybe I'm not being fair and need to give Current a few more tries but, damn, $100 million. That's a lot of clams.

Good for you Al Gore if you can pull this one off. Personally I'd think you'd have been better off running for President of the United States or at least growing that Grizzly Adams beard back -- which was very very cool in a merkley??? sort of way.

Comments

[Tom B]

Heck, Fox makes money. Maybe Al Gore should hire Matt Groening.

[vraj]

The inconvenient truth about Al Gore is that "He can run, but cannot hide". The truth is that he is not "Electable" and he knew this fact in 2000. Anyone associated with Bill Clinton will have a tough time to run (anything) and Hillary is going to learn this truth very soon. Gore has no administrative experience, lest managing any big enterprise. The Vice-President's job requires no big skills and there is no real work. Gore's next foray into "Inconvenient Truth" was half truthful - nothing spectacular. Nobel Peace Prize is again flawed - the greatest apostle of peace was Mahatma Gandhi who inspired Martin Luther King and other leaders. Gandhi was never awarded the Peace Prize. In summary, Al Gore is a big bundle of HYPE and all his associations will be the same. It would have been good if Al Gore ran again for President's post and lost. Good analysis Tom.

[Brewer]

@vraj

Al Gore won the majority of votes in 2000. Too bad the electoral college overlords stole the election from the people. Why do you hate this man so much? Obviously your man won. Why don't you go to Iraq and fight his war for him?

[vraj]

Brewer, I am sorry for your friend-Al Gore. He should have minimum won his home state of Tennessee and Bill Clinton's home state of Arkansas. In that case Republicans would not have bothered about Florida votes. Bill Clinton literally left Gore high and dry in 2000 and just compare the Republican machinery which worked during the same period. Al Gore paid a high price for his association with the Democratic party which remained silent during the recounting days of Dec. 2000. Well, Gore could have again run in 2004 and the numbers were again not in his favor. A Presidential candidate should reach across most of the segments - liberals, conservatives, women, blue-collar, labor class, immigrants, etc. Can Gore atleast run for governorship in his own state of Tennessee and win? I doubt he can do it.