|[News] AmiWest transcripts online||ANN.lu|
|Posted on 07-Aug-2002 21:48 GMT by Seehund||22 comments|
You didn't listen to the live UGN broadcasts from AmiWest? You didn't download the recorded speeches and interviews? Well, here is a (moderately) low bandwidth consuming opportunity to catch up with what people are fighting over today!
I have sweated over the telephone interview with Thomas Frieden (Hyperion) and the speeches by and the interview with Bill McEwen (Amiga, Inc.).|
Come, be amused and nauseous, scared and excited, it's all on the house. Be baffled by the mystery of the vanishing hardware, see the Mighty MacE pull new hardware licensees out of his hat and get a naughty sneak peek of The Sexy Future Of Mating Fridges (all with Amiga(TM) stickers). Pick a future Fanatic Faction already today - is Symbian or WindowsCE.net the True Amiga?
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|AmiWest transcripts online : Comment 19 of 22||ANN.lu|
|Posted by Anonymous on 09-Aug-2002 00:13 GMT|
|In reply to Comment 17 (Anonymous):|
You're oversimplifying. Growth wasn't the problem. Continued growth, even at a very fast rate is quite healthy in a new sector. Investors who put $1 million into a company to make it into a $10 million per year profit machine in TWO years rather than FIVE years or not at all, made a good deal. You can still get that kind of deal today, because it just makes good financial sense.
The trouble was that in the midst of a boom, as well as modern day Acorns (ie small and profitable companies that have money, but need to borrow more) getting their money to expand, a lot of idiots with no profit and no hope of getting one were given money too. That's what funded the final years of Be Inc. and that's what Ainc were on the tail end of. Today Be Inc. and Amiga Inc. wouldn't even get start up money, and that's a good thing because their basic business plan is UNSOUND. They will consume a lot of money, and then go out of business. Companies like that are far more responsible for today's economic situation, than the fast growing Acorns (sic) of this world.
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