Master list of robot competitions around the world. Too damn cool!
Two interesting questions arise for me from the death of Geocities. One is whether ad supported, user-generated content models will ever be viable. …We couldnâ€™t make targeted advertising work with text analysis on Tripod, and Buley speculates that Facebook wonâ€™t be able to do it with careful demographic targetting on Facebook. My guess is that models that offer free services and upsell premium memberships, like Flickr, are a lot more viable in the long term than hosting companies that focus purely on ad inventory.
"The other question has to do with the valuation of web companies. Itâ€™s easy to laugh at the money companies like Yahoo paid for Geocities – over $3.5 billion in early 1999 – but somewhat harder to know how to value other popular web properties today. Whatâ€™s Facebook worth? It just turned down funding at a valuation of $4 billion, and various methods for calculating valuation turn in prices from $2 billion to much higher."