Yet again feeling like I'm bucking the trend... I'm unimpressed with Keith Teare's story. RealNames was an incredibly stupid business model. They rip off AOL's keyword system, and expect companies to not only pony up money up front, but also pay extra (per hit) when their RealName becomes very popular. Then they put all their eggs in the Microsoft basked. Hell, there are rumors of unsolicited phone calls to domain purchasers, telling them they'll really love their new and valuable RealName... all it'll take is, you know, a million dollars or so. I would've laughed in his face had he cold called me with that kind of ridiculous pitch.
Microsoft was right to cancel on these guys. Their product was a joke. They couldn't make money in a market that had corrected itself back to reality. The company was failing, and Microsoft bailed as quickly as it could. That's a good move in my book.
[The .NET Guy]
I agree with both you and Joel. And I agree with Joel that what he's doing on his Blog is highly unprofessional for someone at his level. Bad business model, deal with it. His Blog really makes him look pathetic and unprofessional. Further, by posting emails from Microsoft lawyers and executives, without their permission, is not only scummy, but probably illegal. I would imagine that some of this is priviledged legal communication.
8:07:28 PM
|
|