The nationwide embarrassment. The site we love to, err, dislike. Ferrit. Paul Reynolds answered two questions on Ferrit (they were not mine but from BarnacleBarnes). How did he do? Ferrit Q. One word: Ferrit. With an investment north of $30 million dollars and traffic that is less than a deal-a day site and only slightly …
Category Archives: Internet Business
Telecom CEO Paul Reynolds answers questions
Over at Geekzone Mauricio collected a bunch of questions for Telecom CEO Paul Reynolds. Today the answers came through and Mauricio has posted them – check them out. Kudos to Dr. Reynolds for answering a substantial percentage of the questions posed. I for one posed 5 questions, and they were all answered: Network/Investment Q. What …
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Invest now – but only in quality businesses
Linked in just raised US$76m from some strategic investors, while over in Western Australia Tanami Gold grabbed AU$12m from almost all exisiting shareholders. In Canada vBrick systems got $11.9m – they make enterprise video systems, and managed to get Menlo Ventures and Morgan Stanley on board, amongst others. China is also showing life, with Intel …
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Lotto online – lots of colour but some serious work to do
The good news for those that have only a tentative grasp of statistics and economics is that you can play Lotto online in New Zealand. It’s not bad, but a few fatal flaws need to be addressed before sales can really take off: 1: Don’t go to Lotto.co.nz – someone else owns it. Actually I …
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eBay’s descent into oblivion continues
I tried logging into my ebay account last night from Nigel’s computer, and this is what I got after successfully entering my password: I have no idea what my phone number from 1999 (or was it earlier?) is, and I certainly have no way of answering a call to that number. So I started entering …
Telstra iPhone: $13 per GB or $15,000 per GB? Your choice
A welcome text from Telstra the other day – my iPhone data plan has been upgraded fro free to 9 GB from 3GB. That’s great – full prices are here. But sadly I have data switched off at the moment, as that iPhone is not in Australia, but New Zealand. I have not cracked the …
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All my utilities have now been arbitrarily cut off
First they came for my electricity, and I did nothing. Then they came for my gas, and I did nothing. Then they came for my electricity again, and I got mad and blogged about it. Now they have come for my internet. and my phone. and my Sky TV. I arrived back home here in …
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XNET are Spineless and Uncaring
I was at a friend’s house the other night, and we were trying to work online. The DSL router/modem was working just fine, our phones and computers were all just fine, but no internet. The ISP was XNET, who have no phone customer service at night after 8pm – which is not exactly a quiet …
Statistics takes down poker cheats
This story of busting a $15m poker scam by and Australian is fantastic – and is a wonderful demonstration of the benefits of being open with your customers. The full story is on poker community site twoplustwo, and has been going on for a while. Customers of Canadian tribe owned AbsolutePoker and UltimateBet analysed poker …
Paymex is back, but why would you trust them?
There has been lots of commentary on the Paymex debacle, and today I see that Paymex’s site is up, and there is a comment on this news entry from the “new owners”. Some advice, for free: 1: if you want us to trust you, please tell us who you are 2: If you want us …
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Goodbye Autotrader
It was an empire. If you wanted to sell a car, then Autotrader was the place. Dealers paid huge monthly payments, and AutoTrader took home giant profits. When Trade Me entered the market AutoTrader was unable or unwilling to react online – their online offering was appalling. Inside Trade Me we used to say we …
Unigo: Universities by students for prospective students
Simple. So simple. Via an excellent NYTimes article comes news of Unigo, a site where current students talk about their universities, and where those comments are edited, grouped and displayed for prospective students to browse. The competition, such as the Princeton Review and the US New & World Report, are mired in the past – …
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Goodbye Paymex?
As Jandal (JamesTurner) and Sam have commented it looks like online payments provider Paymex has faltered, or folded. Word on the street is Paymex is dead and gone as of 27/9/2008 (Jandal) Yes Paymex is gone, taking my money with it, supposedly its now caught up with BNZ..” Sam and Paymex looks ok, but who …
Advertising is for losers
Telecom. Coke. MacDonalds. Insurance. Symantec. All big advertisers – far bigger than they would need to be if their products were great. Summed up perfectly by this: Courtesy of the as always excellent Indexed.
Signs of WA
Two interesting signs, showing that yes, you are in Western Australia. The first $22 per hour for cleaners. Despite these rates (similar for waiting tables) travellers tend to stay only a few weeks and then move on. Indeed folk arriving in, say, Broome can pick up a decent paying job within a day. The second …
Lance Wiggs 