welcome back to lightning round three questions all right those an article
questions all right those an article
questions all right those an article groupon is not at all making money they
groupon is not at all making money they
groupon is not at all making money they change their accounting it’s a bit more
change their accounting it’s a bit more
change their accounting it’s a bit more realistic with generally accepted
realistic with generally accepted
realistic with generally accepted accounting principles and they’re losing
accounting principles and they’re losing
accounting principles and they’re losing money and whatnot do you think groupon
money and whatnot do you think groupon
money and whatnot do you think groupon is a real business or is it a fat and
is a real business or is it a fat and
is a real business or is it a fat and we’re going to look back at it and say
we’re going to look back at it and say
we’re going to look back at it and say not quite pets com but basically pets
not quite pets com but basically pets
not quite pets com but basically pets com two point oh I suspect that the
com two point oh I suspect that the
com two point oh I suspect that the growth experience was a fad I think it’s
growth experience was a fad I think it’s
growth experience was a fad I think it’s a real business in terms of offering
a real business in terms of offering
a real business in terms of offering people localized deals it’s a business
people localized deals it’s a business
people localized deals it’s a business model we still have to figure out so
model we still have to figure out so
model we still have to figure out so whether or not Groupon survives is
whether or not Groupon survives is
whether or not Groupon survives is anyone’s guess i guess but i don’t think
anyone’s guess i guess but i don’t think
anyone’s guess i guess but i don’t think group localized buying is going to go
group localized buying is going to go
group localized buying is going to go away i think the fact that they turn
away i think the fact that they turn
away i think the fact that they turn down that six billion dollar offered by
down that six billion dollar offered by
down that six billion dollar offered by google is going to sort of be the
google is going to sort of be the
google is going to sort of be the wouldn’t call it the albatross but it
wouldn’t call it the albatross but it
wouldn’t call it the albatross but it will always be that footnote in their
will always be that footnote in their
will always be that footnote in their history that’s gonna you know have it’s
history that’s gonna you know have it’s
history that’s gonna you know have it’s like when Yahoo didn’t buy Google yeah
like when Yahoo didn’t buy Google yeah
like when Yahoo didn’t buy Google yeah but I think six billion dollars is a far
but I think six billion dollars is a far
but I think six billion dollars is a far different some than yahoo not buying
different some than yahoo not buying
different some than yahoo not buying Google for 1 million so though the level
Google for 1 million so though the level
Google for 1 million so though the level of craziness i think is a bit different
of craziness i think is a bit different
of craziness i think is a bit different but but the problem with groupon is also
but but the problem with groupon is also
but but the problem with groupon is also that there’s a red flag which is why are
that there’s a red flag which is why are
that there’s a red flag which is why are they taking off so much money the
they taking off so much money the
they taking off so much money the founders and the initial investors when
founders and the initial investors when
founders and the initial investors when they raise money that i think is a red
they raise money that i think is a red
they raise money that i think is a red flag number two LOL investors are losing
flag number two LOL investors are losing
flag number two LOL investors are losing their patients are they right wrong or
their patients are they right wrong or
their patients are they right wrong or simply impatient i would say that
simply impatient i would say that
simply impatient i would say that they’re right AOL hasn’t done anything
they’re right AOL hasn’t done anything
they’re right AOL hasn’t done anything innovative been a long time and they’re
innovative been a long time and they’re
innovative been a long time and they’re having trouble really pulling up their
having trouble really pulling up their
having trouble really pulling up their boots and getting their their
boots and getting their their
boots and getting their their together so ya know i think investors
together so ya know i think investors
together so ya know i think investors are right to kind of lose patience with
are right to kind of lose patience with
are right to kind of lose patience with AOL I just question some of the moves
AOL I just question some of the moves
AOL I just question some of the moves like patch that’s a crazy expensive
like patch that’s a crazy expensive
like patch that’s a crazy expensive initiative like why not just go buy
initiative like why not just go buy
initiative like why not just go buy something like the journal register
something like the journal register
something like the journal register which you know was taken private and say
which you know was taken private and say
which you know was taken private and say we’re just going to go online only you
we’re just going to go online only you
we’re just going to go online only you get your local strategy there and it
get your local strategy there and it
get your local strategy there and it wouldn’t cost you 100 million dollars I
wouldn’t cost you 100 million dollars I
wouldn’t cost you 100 million dollars I think strategy Tim Armstrong gets an
think strategy Tim Armstrong gets an
think strategy Tim Armstrong gets an a-plus I think execution is just hard
a-plus I think execution is just hard
a-plus I think execution is just hard because it’s that falling knife right
because it’s that falling knife right
because it’s that falling knife right like the dial-up is shrinking much
like the dial-up is shrinking much
like the dial-up is shrinking much faster than anything could be done
faster than anything could be done
faster than anything could be done ultimately though when you look at
ultimately though when you look at
ultimately though when you look at Google and Facebook sort of attacking
Google and Facebook sort of attacking
Google and Facebook sort of attacking search and social i think if al could be
search and social i think if al could be
search and social i think if al could be the sort of content hub that just sort
the sort of content hub that just sort
the sort of content hub that just sort of umbrellas over all that i think they
of umbrellas over all that i think they
of umbrellas over all that i think they might have a future i think it’s a
might have a future i think it’s a
might have a future i think it’s a matter of timing HuffPo number three
matter of timing HuffPo number three
matter of timing HuffPo number three huffpo is asking for free unpaid logo
huffpo is asking for free unpaid logo
huffpo is asking for free unpaid logo ideas from designers it’s one thing to
ideas from designers it’s one thing to
ideas from designers it’s one thing to do that when you’re like privately vc
do that when you’re like privately vc
do that when you’re like privately vc help but if you
help but if you
help but if you you are owned by AOL is that douchey or
you are owned by AOL is that douchey or
you are owned by AOL is that douchey or is it actually an opportunity for the
is it actually an opportunity for the
is it actually an opportunity for the designers I think as far as their brand
designers I think as far as their brand
designers I think as far as their brand goes it was probably a bad move there
goes it was probably a bad move there
goes it was probably a bad move there now kind of publicly traded so they
now kind of publicly traded so they
now kind of publicly traded so they shouldn’t be openly asking for free work
shouldn’t be openly asking for free work
shouldn’t be openly asking for free work if you want free work you go to your
if you want free work you go to your
if you want free work you go to your agency and you say well we spend so much
agency and you say well we spend so much
agency and you say well we spend so much easier for you we want some free work
easier for you we want some free work
easier for you we want some free work just because we’re going to grab you by
just because we’re going to grab you by
just because we’re going to grab you by the nuts I think ultimately it might be
the nuts I think ultimately it might be
the nuts I think ultimately it might be a good move though they’re probably as
a good move though they’re probably as
a good move though they’re probably as much as people are upset they’re going
much as people are upset they’re going
much as people are upset they’re going to get a lot of free ideas submitted to
to get a lot of free ideas submitted to
to get a lot of free ideas submitted to them they might not use those ideas they
them they might not use those ideas they
them they might not use those ideas they might simply hand those ideas to their
might simply hand those ideas to their
might simply hand those ideas to their agency or their internal designers which
agency or their internal designers which
agency or their internal designers which will then hack them in a word I think
will then hack them in a word I think
will then hack them in a word I think they’re crowdsourcing a new logo in a
they’re crowdsourcing a new logo in a
they’re crowdsourcing a new logo in a way that would be effective I don’t
way that would be effective I don’t
way that would be effective I don’t think they should do it again and I
think they should do it again and I
think they should do it again and I think there’s a probably a lesson there
think there’s a probably a lesson there
think there’s a probably a lesson there especially for other content providers
especially for other content providers
especially for other content providers who want free work from their agencies
who want free work from their agencies
who want free work from their agencies lots of backlash my two cents is this
lots of backlash my two cents is this
lots of backlash my two cents is this right so we never raise vc we have a lot
right so we never raise vc we have a lot
right so we never raise vc we have a lot of employees and unlike the general
of employees and unlike the general
of employees and unlike the general trend in content we actually have crazy
trend in content we actually have crazy
trend in content we actually have crazy idea full time part you know full timers
idea full time part you know full timers
idea full time part you know full timers we did start with a lot of you know
we did start with a lot of you know
we did start with a lot of you know freelancers or unpaid interns but the
freelancers or unpaid interns but the
freelancers or unpaid interns but the percentage of those who went on to get
percentage of those who went on to get
percentage of those who went on to get full employment you know it’s pretty
full employment you know it’s pretty
full employment you know it’s pretty high so I understand why some companies
high so I understand why some companies
high so I understand why some companies would do that but I think for huffpo to
would do that but I think for huffpo to
would do that but I think for huffpo to do it now I mean I love Arianna
do it now I mean I love Arianna
do it now I mean I love Arianna Huffington she deserves kudos for
Huffington she deserves kudos for
Huffington she deserves kudos for everything she’s done I just think for
everything she’s done I just think for
everything she’s done I just think for them to do it now as part of AOL is like
them to do it now as part of AOL is like
them to do it now as part of AOL is like what were you thinking it’s going to
what were you thinking it’s going to
what were you thinking it’s going to backfire it’s time for the email of the
backfire it’s time for the email of the
backfire it’s time for the email of the week what’s the email is an email from a
week what’s the email is an email from a
week what’s the email is an email from a gentleman named sanjay in New York and
gentleman named sanjay in New York and
gentleman named sanjay in New York and he says on last week’s show ash
he says on last week’s show ash
he says on last week’s show ash mentioned that he never uses his
mentioned that he never uses his
mentioned that he never uses his articles to communicate to clients
articles to communicate to clients
articles to communicate to clients partners employees etc well Sanjay finds
partners employees etc well Sanjay finds
partners employees etc well Sanjay finds that hard to believe and he thinks that
that hard to believe and he thinks that
that hard to believe and he thinks that everyone finds it hard to believe okay
everyone finds it hard to believe okay
everyone finds it hard to believe okay what I said was you shouldn’t do it I’m
what I said was you shouldn’t do it I’m
what I said was you shouldn’t do it I’m not lying and saying I’m like superhuman
not lying and saying I’m like superhuman
not lying and saying I’m like superhuman and I’ve never done it so here’s like
and I’ve never done it so here’s like
and I’ve never done it so here’s like the you know a bit expanded version when
the you know a bit expanded version when
the you know a bit expanded version when I was writing a career column way back
I was writing a career column way back
I was writing a career column way back it earlier in my career you know I was
it earlier in my career you know I was
it earlier in my career you know I was younger and my experience was let’s say
younger and my experience was let’s say
younger and my experience was let’s say more of the startup setting and I also
more of the startup setting and I also
more of the startup setting and I also worked in corporations once in a while
worked in corporations once in a while
worked in corporations once in a while so I learned two lessons this is why you
so I learned two lessons this is why you
so I learned two lessons this is why you shouldn’t do it once in a while maybe
shouldn’t do it once in a while maybe
shouldn’t do it once in a while maybe subliminally or subconsciously I would
subliminally or subconsciously I would
subliminally or subconsciously I would write something and what I realized was
write something and what I realized was
write something and what I realized was people would not read between the lines
people would not read between the lines
people would not read between the lines so if I was trying to send you a message
so if I was trying to send you a message
so if I was trying to send you a message I realize it went over your head because
I realize it went over your head because
I realize it went over your head because people don’t necessarily pick up your
people don’t necessarily pick up your
people don’t necessarily pick up your you know like leave the metaphors for
you know like leave the metaphors for
you know like leave the metaphors for John Keats it was
John Keats it was
John Keats it was less than there and to the bigger
less than there and to the bigger
less than there and to the bigger problem and this was why really I don’t
problem and this was why really I don’t
problem and this was why really I don’t know when I started watching motorized I
know when I started watching motorized I
know when I started watching motorized I never do this is then people when
never do this is then people when
never do this is then people when they’re when they might read something
they’re when they might read something
they’re when they might read something they’re going to read too much into a
they’re going to read too much into a
they’re going to read too much into a statement and then they’re like are you
statement and then they’re like are you
statement and then they’re like are you talking to me is this about me was this
talking to me is this about me was this
talking to me is this about me was this refers to that so I’ve learned to just
refers to that so I’ve learned to just
refers to that so I’ve learned to just when I started watchmojo when I was in
when I started watchmojo when I was in
when I started watchmojo when I was in just an executive and a columnist but I
just an executive and a columnist but I
just an executive and a columnist but I was like the CEO like people turn to for
was like the CEO like people turn to for
was like the CEO like people turn to for management and leadership about that
management and leadership about that
management and leadership about that jazz I just said don’t do it that’s why
jazz I just said don’t do it that’s why
jazz I just said don’t do it that’s why I stopped writing more about career
I stopped writing more about career
I stopped writing more about career advice and more just about the general
advice and more just about the general
advice and more just about the general industry so I wasn’t being a hypocrite
industry so I wasn’t being a hypocrite
industry so I wasn’t being a hypocrite by saying I’ve never done it never do it
by saying I’ve never done it never do it
by saying I’ve never done it never do it i was just saying and my experience you
i was just saying and my experience you
i was just saying and my experience you shouldn’t do it and now i guess based on
shouldn’t do it and now i guess based on
shouldn’t do it and now i guess based on Sanjay you don’t make it your mo to do
Sanjay you don’t make it your mo to do
Sanjay you don’t make it your mo to do it no but I because I think it doesn’t
it no but I because I think it doesn’t
it no but I because I think it doesn’t you don’t achieve what you want you
you don’t achieve what you want you
you don’t achieve what you want you don’t actually get the message across
don’t actually get the message across
don’t actually get the message across and people then read too much into it so
and people then read too much into it so
and people then read too much into it so that’s that if you got any emails feel
that’s that if you got any emails feel
that’s that if you got any emails feel free to email us at live at
free to email us at live at
free to email us at live at watchmojo.com that was this week’s show
watchmojo.com that was this week’s show
watchmojo.com that was this week’s show will be back next week same time same
will be back next week same time same
will be back next week same time same place
”
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