'The Market and the Internet Don't Care if You Make Money' [View article]
The old rule of thumb was that it takes twenty years for a really new, great idea to be accepted. For example, index funds, or, Milton Friedmans thesis that money supply was the only economic indicator that mattered. So someone out there has probably identified the business model that will replace the NY Times. We just haven't accepted it yet. Scott, maybe it's you and your giant network. I hope its not just Google.
'The Market and the Internet Don't Care if You Make Money' [View article]