BLACK INK IS THE NEW BLACK

“Our attitude has always been that this is not a fashion thing. We just have to figure out how the Internet is going to benefit our base businesses.”

Pearson CEO Marjorie Scardino, on giving her Webheads a continued license to bleed money, The Daily Telegraph, 31 July 2001

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SEX, PACKETS, AND ROCK AND ROLL

“The Internet is an important cultural phenomenon, but that doesn’t excuse its failure to comply with basic economic laws. The problem is that it was devised by a bunch of hippie anarchists.”

Telecom consultant Thomas Nolle, somehow conflating dot-com business models with packet-switched networks (and we can’t wait to hear what he thinks of those open-source communists), Los Angeles Times, 26 July 2001