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The Traditional Business Model
for Software and Services
Exit-strategy oriented
20% real, 80% Ponzi scheme
Redistribution of wealth just as good as creation of wealth.
Spin-and-flip, pump-and-dump the norm.
Intellectual Property Rights an integral part of the game
Cooked up behind closed doors: more scheme than plan
In 1998 Nasdaq at 1900; in 2000 up to 5000; in 2008 down to 1500
Driven by the DotCon artist (who thinks he's a businessman!)