Sorry Scoble, But Wallstrip’s Purchase Is A Fabulous Thing
Posted on 8:15 am by Paul ColliganUpdated: Scoble responds. See comments below.
Just look at TechMeme lately. It’s not about building stuff. You don’t see Ajaxian or the Make Blog on TechMeme. You see Wallstrip selling for a few million to CBS.
Why is this bad?
Wallstrip selling for a few million to CBS is fabulous news. How can you possibly be complaining when somebody uses technology to accomplish their goals?
Times are good, money is flowing, and Silicon Valley sucks.
Whereas I agree with the main theme of the article (valley needs some common sense), why are we picking on Wallstrip? Yes, earlier I wrote of Microsoft spending silly silly silly silly money on a “me too” move, hats off to the guys who got ‘em to pay it.
And, Scoble, PodTech took a lot of VC money hoping for the same kinda return didn’t they - or did they do that for fun as well?
Jealousy is never pretty.
Somebody grabbed a camera, attached an idea, entertained (and taught) a bunch of us, and got a gig with CBS as a result.
That dream is attainable. Wallstrip proved that. Howard, can I buy you a beer?
How could this put anybody into a malaise?
Technorati Tags: Michael Arrington, Howard Lindzon, Robert Scoble, Wallstrip, CBS
9 Comments »
May 22, 2007
howard Lindzon said:
Paul - great post. The west coast nerds are totally missing it. While they whone about new media being dead and blog about it, old media is using their cash flow to buy ORIGINAL content. Scoble is whining. Nothing original from him in two years.
Completely great news and great that Techmeme is covering more than just techcrunch and scoble stories and gossip and whining.
They need to work smarter and get on a plane to the east coast. They are scared
May 22, 2007
Andy Swan said:
Jealousy is the ONLY explaination for someone IN video blogging to be upset about the Wallstrip deal. “But…but…but…I….I…”
Real business dudes LOVE when competitors get bought at “high” valuations. Children get jealous.
May 22, 2007
Howard Lindzon » The West Coast Whining Continues…AD NAUSEUM (Pingback)
[…] This is ‘THE’ post on the subject of Wallstrip . I am looking forward to having a beer with Paul. CBS and Wallstrip have opened things up to a whole group of people that you can’t control. Deal with it. Actually, watching you deal with it ungracefully is quite satisfying. […]
May 22, 2007
Robert Scoble said:
You misunderstood me. Wallstrip selling IS a fabulous thing. I hope to do the same. But the focus has shifted from building to cashing in. And THAT is NOT a good thing.
And “nothing original?” Yowza.
May 22, 2007
Paul Colligan said:
Robert,
Thanks for the comment.
I’ve seen some original stuff in the last few years - for what it’s worth.
Paul
May 22, 2007
howard lindzon said:
As if Robert would turn down a good offer. they raised too much money for a reasonable exit. Bad structure and no matter what they build, they can’t cash out.
Sour grapes Robert. Nice try.
May 23, 2007
More Good New For Podcasters - Dvorak Joins Podshow | Paul Colligan’s Profitable Podcasting (Pingback)
[…] More Good New For Podcasters - Dvorak Joins PodshowPosted on 7:16 am by Paul Colligan After the debate yesterday over whether or not Wallstrip’s purchase was a “good thing” for the valley (can you believe this is actually a debate?), I’ve decided to start a new category here - GOOD NEWS. […]
May 28, 2007
Wallstrip Video Podcast Bought By CBS | Podcast Fresh (Pingback)
[…] Wallstrip, the 7-month old video podcast featuring financial and stock market news with a twist (because of awesome hosting of Lindsay Campbell) has been bought by CBS. Many wowed and said that the deal is a fabulous thing but some are skeptical or should I say quite intrigued on the video podcast acquisition. […]
August 10, 2007
First Two Portable Media Expo Keynotes Announced - Things Get More And More Interesting | Paul Colligan’s Profitable Podcasting (Pingback)
[…] Believe it or not, some people thought the sale (initially) was a bad thing for us - and that everything wasn’t as it seemed. You can go ahead and read a little history here at PaulColligan.com on that note. Howard has made a few people angry in the past, but then again, so have a lot of great people. I hope he stirs up a hornets nest. […]