A hedge fund manager parts with a few nuggets of wisdom for America
My comment:
You’ve converted me Om. If you search my old comments you may find that I’ve been on the other side of the metered bandwidth fence saying “people should pay for what they eat.”
But I really appreciate your argument on the “protecting existing TV business” and think it goes even deeper than that: if they can’t regulate the internet due to net neutrality, then they’ll try to move content/services off the internet and into a proprietary network, e.g., Comcast On-Demand.
For example:
Every cable pipe going into people’s homes is already splitting time between the internet and a proprietary video network. Now imagine that proprietary network getting smarter…adding communication and social application overlays, and meanwhile the cost of using that pipe for internet access increases. Then they’ll effectively compete with internet content and services but /off-network/ and completely unregulated.
A fact I've always enjoyed spreading
When there is both pain and pleasure associated with your service, work extremely hard to separate them by time and geography.
Disney charges a fortune for the theme park, but they do it a week before you get there, or at a booth far far away from the rides. By the time you get to the rides, you're over it. The pain isn't associated with the fun part.
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