IP Uh Oh

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2011 in Social Media IPOs: The Winners, The Losers, and The Winningest Losers

In 2011, Wall Street caught friending fever. It was a hell of a year for social media IPOs, as investment banks welcomed themselves into the money-hungry arms of Computer Nerds, Many Of Whom Should Have But Didn’t Know Better. Of course, there were a few winners that weren’t said banks, as well as a few you’ve never heard of. In 2012, Facebook will lead one of the largest tech IPOs pretty much ever, and the largest year of tech IPOs since 1999. What did we learn? Mostly, that for every bet, there’s a sucker who’s as desperate for money as most people apparently are for friends. So:

Who won, who lost, and who debuted on the market without anyone really knowing? Read More

SOPA Opera

The great SOPA scrub: lobbying money!

Say It Ain’t SOPA: Silicon Alley or Valley Can’t Compete With Hollywood’s Lobbying Money

SOPA, short for the Stop Online Piracy Act, is a bill making its way through Congress, fueled by Hollywood’s lobbying dollars. Essentially, it would give the American government the opportunity to hit the kill switch on any domain accused of hosting violations of copyright, sight-unseen and without due process. That would be bad. The Internet knows this, Important People On The Internet know this, and they seem to be working very hard to make people aware of it.

Unfortunately, their efforts—at least as far as money is concerned—might not be enough to match the power of Hollywood’s lobbying cash. Read More