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1.  

   

   Vasco DaGameboy, Jan 5th, 2006 @ 4:21am

   
   

   Can you say Kozmo?

   The heady days of multi-million dollar IPOs for anything with a .com at the end were just a hair shy of a Ponzi scheme. The only people who got rich were the investment bankers who "let their clients in on the great opportunity," then used the incoming capital to line their pockets.
   
   This has all the earmarks of one of those, "Let's go public and get rich, then sell the company!" startups from the turn of the century. Anyone who puts their money here deserves to lose it.
   
   Is Stephan Paternot involved, by any chance?

    

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2.  

   

   MadJo (profile), Jan 5th, 2006 @ 4:23am

   
   

   stupidity?

   it's a sure sign that some sort of bubble is back.

   
   
   Or that investers are just plain stupid

    

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3.  

   

   Mousky, Jan 5th, 2006 @ 4:31am

   
   

   Let the Market decide

   It is amusing to hear you harping about Bubble 2.0, Mike. In almost every other thread (patent, spectrum, etc) you are a strong advocate of letting the market decide what is best or acceptable. Shouldn't the market decide in this case as well? So some people get rich in the short-term. So what. this has been going on, well, since humans began to trade goods. You and others may not like, but someone in the market does. That is how the market works.

    

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4.  

   

   ?, Jan 5th, 2006 @ 4:49am

   
   

   Bubbles!

   I invested in some bubbles once. It was fun for a few hours, watching them float around, ooh, and the pretty colors too.
   
   Fortunately, I only spent a few cents on them. Unlike some who manage to loose millions.
   
   I wish I had millions to spend on bubbles...

    

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5.  

   

   ?, Jan 5th, 2006 @ 4:49am

   
   

   Bubbles!

   I invested in some bubbles once. It was fun for a few hours, watching them float around, ooh, and the pretty colors too.
   
   Fortunately, I only spent a few cents on them. Unlike some who manage to loose millions on their bubbles.
   
   I wish I had millions to spend on bubbles...

    

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6.  

   

   Denis, Jan 5th, 2006 @ 6:30am

   
   

   Re: Let the Market decide

   Bull. It would be fine if the market decided. But the last bubble was so hyped by the investment bankers and such because they were making side deals and ripping off small investors. IE. They say that the IPO will start at $10. They make a deal with big investment company XYZ to buy a bajillion shares and they'll lock the price down at $10 for them. Then everyone else will buy at much higher price because of the high demand ( a bajillion shares were purchased, must be hot). When the price is up, company XYZ dumps the stock and reaps profits. The original investment bank reaps all the fees. The company makes money (they have some shares still). The smaller investors (who bought at $10 + $X, lose that $X and more, since the stock tumbles probably below the opening price)

    

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7.  

   

   Jeremiah, Jan 5th, 2006 @ 7:54am

   
   

   longer tail than you think...

   Mike, if you take a look at some of their recent agreements, you'll see they're acquiring distro rights for specialty, foreign, reissue, and compilation labels.
   
   Here's an example of one of Carinco AG's products (one of the labels with an agreement with DMI). I think the term du-jour is "long tail", and I think there's certainly a demand for this material.
   
   Hasn't Techdirt waxed about finding your niche??

    

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8.  

   

   Anonymous Coward, Jan 5th, 2006 @ 9:07am

   
   

   No Subject Given

   Using the Capitalization of Earnings valuation method we can see that at the $250,000,000 price for the company, the owners think we should be happy with a 0.002% rate of return. Note to investors considering purchase of this stock: give me the money and I can GUARANTEE returns 10 times greater than that (by putting the dough in a savings account).

    

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9.  

   

   Human_Valuation, Jan 5th, 2006 @ 9:19am

   
   

   No Subject Given

   Quoting Sean Ryan is a sure sign that the bubble is back.
   
   Just like companies being overvalued during the Bubble, certain people were overvalued and he is definitely one of them. He should be a mid-level programmer at some no-name software company.

    

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10.  

    

    Anonymous Coward, Jan 5th, 2006 @ 9:21am

    
    

    I would rather invest in these bubbles

    http://www.popsci.com/popsci/science/0a03b5108e097010vgnvcm1000004eecbccdrcrd.html<br>

     

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11.  

    

    Mike (profile), Jan 5th, 2006 @ 9:27am

    
    

    Re: Let the Market decide

    In almost every other thread (patent, spectrum, etc) you are a strong advocate of letting the market decide what is best or acceptable. Shouldn't the market decide in this case as well?
    
    Hmm. I think you're confusing what "the market" is. I'm all for letting the market decide, but part of letting the market decide is helping the market have as much information as possible. This post was designed to get more people to know some of the details about this company to let the market decide.
    
    Nowhere did I advocate having the government step in and stop this company from doing what it's doing, did I?
    
    The market certainly includes "marketing" and the ability for people on either side to spread information about any possible transaction so that people can make a better decision. That's all we were doing. Trying to provide more information so that people perhaps avoid making bad decisions based on bad information. That's still letting the market decide.

     

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12.  

    

    Mike (profile), Jan 5th, 2006 @ 9:29am

    
    

    Re: longer tail than you think...

    Here's an example of one of Carinco AG's products (one of the labels with an agreement with DMI). I think the term du-jour is "long tail", and I think there's certainly a demand for this material.
    
    Hasn't Techdirt waxed about finding your niche??
    
    Er. I think you're confused about what my complaint is. I have no problem with a company finding a decent and profitable niche and raising money by going public. I'm just pointing out that (a) it's EXTREMELY early for this company to go public as they haven't proven anything and (b) the valuation is ludicrous.
    
    None of that disagrees with what you've said. I'd rather see the company prove itself. If it needs money, the private markets are the way to go for now, and it can go public later with a proven track record and a more reasonable valuation.

     

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13.  

    

    Don Gray, Jan 5th, 2006 @ 9:31am

    
    

    These...

    are the only bubbles I would invest in...
    http://www.zubbles.com
    

     

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14.  

    

    jeff (profile), Jan 5th, 2006 @ 10:02am

    
    

    No Subject Given

    The guy who's running this show is a fundraiser, and I generally don't trust fundraisers. I don't think I'll buy in.

     

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15.  

    

    Mousky, Jan 5th, 2006 @ 11:34am

    
    

    Re: Let the Market decide

    Please. I'm not confused with what "the market" is. Did I ever say that you advocated the government step in? You sound a little touchy today? I'm just amused at your constant harping about Bubble 2.0. It's amusing, that's all.

     

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16.  

    

    Mike (profile), Jan 5th, 2006 @ 11:58am

    
    

    Re: Let the Market decide

    I guess I just don't see what the connection is between talking about a bubble and advocating more open markets. It seemed you were implying that by discussing the bubble it was somehow the opposite of advocating more open markets -- which didn't make sense to me.
    
    Didn't mean to come across as touchy -- so sorry if I did.

     

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17.  

    

    Anonymous Coward, Jan 5th, 2006 @ 12:01pm

    
    

    From the profile of...

    
    Mitchell Koulouris
    
    Career disappointment
    Not being able to capitalize on the Dot.com boom.
    
    Looks like he's trying to get over that disappointment...

     

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18.  

    

    Ron, Mar 8th, 2006 @ 6:21am

    
    

    IP or patents on distribution methods?

    Anyway to determine if DMI/DMG/DMGI or whatever it's called today has any revenue sources from it's distribution system? Are they hosting the content and delivering it via some IP and protected technology? Licensing it to others?
    
    Note their Digital Onramp
    
    Thoughts? Looks like they also have some relation to the Tower Records group?

     

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19.  

    

    jacike, May 30th, 2009 @ 12:32am

    
    

    sad

    Steel and aluminum scaffolding for construction is a very useful tool. How's China printing industry developed this years, who can tell us? China based injection molding services with low costs and supeior quality

     

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20.  

    

    China Tent, Oct 9th, 2010 @ 12:15am

    
    

    Great!This article is creative，there are a lot of new idea，it gives me inspiration.I think I will also inspired by you and think about more new ideas.

     

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