.comment-link {margin-left:.6em;} Searching for the Moon
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Searching for the Moon
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Friday, July 25, 2003


I, Cringely | The Pulpit - Snapster suggestion
I, Cringely | The Pulpit

Interesting idea from Robert Cringely about a possible legal version of Napster with a potentially viable business model.

I think there are some serious flaws to his model, and some potential legal challenges (for example, it is not clear to me that "backup" copies can legally be distributed around to a high degree, nor that charging for them is completely legal - but the business model makes some intuitive sense.

Further, there are some other serious issues.

1. Why "must" the model be publically traded? Intuitively I would think that a co-op model, which also has shares might work as well (though potentially less profitibaly)

2. How do you determine that someone is a shareholder? (and how do you maintain them as that - if the shares are publically held they can easily sell them, however if the shares are not publically held and the only buyer of the shares it the company itself (the coop model) then this problem goes away.

7/25/2003 12:03:00 PM 0 comments links to this post
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Shannon John Clark (email me), b. 1974.

Male (to hold off the assumptions), currently in Chicago, IL.
I am active on many other forums and sites around the Internet. If I am online, feel free to Skype me.
You are also welcome to connect with me on Omidyar Networks on LinkedIn or Ryze.com and my blog on Ecademy or see more about me at MeshForum or my corporate site, JigZaw . I also maintain piecing IT together, as my corporate blog for JigZaw Inc.