Another trap? To be precise, it is just another defunct

Another trap? To be precise, it is just another defunct business model once pontificated by those so-called "internet heroes" like the blogger himself and cheered by the media. Now everyone hates the invasive wireless tele-marketing and indoor advertisement by Focus Media whose fate has fallen off the cliff just its stock price.

http://finance.yahoo.com/q?s=fmcn

Another example, Shanda Interactive Entertainment whose dubious business model baed on youth addictive gambling has earned more controversy than admiration. Again, it has fallen down hard from sacred altar. BTW, the former CEO of Shanda Entertainment was the former boss of the blogger.

http://finance.yahoo.com/q?s=snda

See the similarity between those guys running the internet ventures and this blogger?

They are creating things fundamentally worthless and time-wasting.
They only try to catch people eyeballs.
They are better marketers than snake-oil peddlers because they look so sincere and sound so smart.
They help perpetrators trick investors into dumping real money into the bottomless hole.
They earn perpetrators the bragging rights that make you look dumb and timid.
........
Posted by shanghai-ren at 2008-06-12 08:23:19
Commented on
All Kinds of Trap - Another One