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Saturday, 25 August 2012

@GarethWong 's comments re @AswathDamodaran 's Musings on Markets: Groupon Gloom: Deal of the day or Death Spiral?

Musings on Markets: Groupon Gloom: Deal of the day or Death Spiral?:

" In Groupon's case, where the business model was clearer at the time of the IPO, the business model has collapsed and it is difficult to see what the company can do to set itself apart from the competition and make money at the same time."


Totally respect the methodological & thoroughness of Prof's work on the valuation.. it just shows I still have much to learn! ;-) 

If we bring our mind back however to definition of fundamental of business, which is the products/services and business model etc.. we could have foreseen that this could be a big waste of everyone's time & effort AND money.. 

as a nobody like me already said the business model was 'not broken' but "not sustainable" ever since it launched and first blogged about it back in 2010 and predicted them will not exist by 2015.. ( My response & prediction peHUB Depressing Thoughts About Groupon’s Model http://bit.ly/T8jyMf ), seems like I was wrong, their end might arrive sooner than that.. ;( 

there is a fundamental structural & supply problems of the capital market, which is the smoke screen & quality and timeliness of the business critical information.. we need a solution.. 


Friday, 24 August 2012

Must READ &Understand.. re The Super-Bug: Antibiotic Resistant and Killing Thousands

The Super-Bug: Antibiotic Resistant and Killing Thousands:

Must read..

if at least look at the infographs below on how to protect yourself and origin of the super bugs..













Sadly this is like the discussion re 'vaccinations'.. personal or national decisions may have much wider and lasting consequences!! Real hidden danger!


Steve Jobs Begs Designers in 1983 to Build Better Looking Computers

Steve Jobs Begs Designers in 1983 to Build Better Looking Computers:

Wow, must listen.. his style, vision & confidence..

he described google street view etc!

click through above link to read more.


Wednesday, 1 August 2012

Why gold is not gold, and bronze is worth less than a petrol station sandwich | London Spy - Yahoo! Eurosport UK

Why gold is not gold, and bronze is worth less than a petrol station sandwich | London Spy - Yahoo! Eurosport UK:

Interesting read.. money can't buy the £3 worth of the Bronze medal. ;-)



"But the bronze medals - including the one won by Rebecca Adlington in the 400m freestyle on Sunday night - are worth less than £3.
The gold medals, ironically, are barely gold at all: they are, in fact, 92.5 per cent silver, with just one per cent gold and the rest copper. Their basic value is £410.
"