I see the same thing in the print world with these new NYC lit/art journals (though some of them might fancy their *New Yorker-*style trite avant-garde conformism as political), that start off with around several thousand dollars from donors through Kickstart or whatnot. Begging for money before proving their worth and creating a brand... (and whining when they fail) ... Trust-fund baby capitalism.
On Mon, Jul 4, 2011 at 3:56 PM, Dennis Redmond <metalslorg at gmail.com> wrote:
> On Mon, Jul 4, 2011 at 2:22 PM, Ismail Lagardien
>
> <ilagardien at yahoo.com> wrote:
> >
> > Nice info-graphic on the "booming" start ups in New York City.
> >
> > Any thoughts?
> >
> > https://www.gplus.com/_Media/112906-GLG-VvA_FINAL-L_1780.jpg
>
> Bubble 1.0: yes, we have no actual revenues.
>
> Bubble 2.0: yes, we have no actual customers.
>
> Bubble 3.0: yes, we have no actual services.
>
> -- DRR
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