Editor’s note: This piece originally ran on PandoDaily.com. It is being reprinted with permission.
This evening Bravo aired the hotly anticipated first episode of its technology-focused reality show “Start-Ups: Silicon Valley.” The show has been an object of chatter for months among tech media and Valley pundits, some of whom objected to the idea of a television series glamorizing the parts of their universe they see as a sideshow. (Clearly they have never seen reality television before!) I think dismissing the idea of a show is wrong: Silicon Valley deserves a pop culture examination and send-up of its weird little world. But, at least after one episode, this show probably isn’t it. (more…)
How do you know if you’re in a buyer’s market, or a seller’s?
Offline it’s pretty easy to know. There’s price pressure, abundance and not too many people vying for the same house, commodity or mint condition Pee-Wee Herman doll at the yard sale. In the land of the real, markets aren’t terribly efficient. Before the Internet changed everything, retailers were bound by geography and the ability (and willingness) of people to range. That’s why gas costs a lot more right off the highway exit than it does less than a mile down, where strangers would rather not venture. (Now, of course, there’s an app for that.)
Facebook has reached an almost unimaginable milestone: 1 billion people are active users. It is hard to get your head around that number, which represents one-seventh of the world’s population (and not every one of us even has Internet access). It’s almost half the total number of people estimated to be on the Web at the beginning of this year.