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First of all, non technical people have no idea that something like demand media might be "bad" for the internet. There's certainly nothing obvious about it. S
by klbarry 16y ago
First of all, non technical people have no idea that something like demand media might be "bad" for the internet. There's certainly nothing obvious about it.
Secondly, if Google ranks based on certain factors, is it wrong for a business or charity to take advantage of it? Would you rather a charity got the income or a random person?
- Samuel_Michon 16y agoDemand Media, the company behind Livestrong.com, is allegedly about to go public. Richard Rosenblatt and Lance Armstrong ('random people') have a larger stake in the company than the Livestrong Foundation (a charity) does. So, sure it'd be nice if a charity got the income, but that isn't the case here. http://www.businessinsider.com/lance-armstrong-poised-to-make-a-killing-on-demand-medias-ipo-2011-1 http://www.businessinsider.com/lance-armstrong-poised-to-mak... http://www.cnbc.com/id/41155886 http://www.cnbc.com/id/41155886
- trotsky 16y agoThe exact amount of Armstrong's equity is not known, but the offering is expected to put [Demand Media's] valuation at around $1 billion. More than a few investors think the stock will be a dog, but that won't necessarily prevent major backers from cashing in first. Wow, demand valued at 1 billion? WTF?