Tuesday, April 04, 2006

Death by Smiley Face

Tim O'Reilly comments on Richard Siklos's article, Death by Smiley Face at O'Reilly Radar in his post on Purpose-Driven Media, which includes links to the original NY Times article.
April 02, 2006

"Business theorists have started to grasp the risks to established businesses of asymmetric competition. ... sometimes companies are competing with rivals whose different business model transforms the nature of the conflict."

According to the NY Times "These are new-media ventures that leave the competition scratching their heads because they don't really aim to compete in the first place; their creators are merely taking advantage of the economics of the online medium to do something that they feel good about. They would certainly like to cover their costs and maybe make a buck or two, but really, they're not in it for the money. By purely commercial measures, they are illogical. ... they would represent the kind of terror that might keep you up at night: death by smiley face.""

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