Friday, October 05, 2007

Chalk One Up For The Armchair Economists

Yes, We Knew Tech IPOs Were Coming, But We Didn't Expect It This Soon

Only a few days have passed since we wrote about the looming crop of IPOs on the horizon. The IPO of direct marketing software provider, Constant Contact, caused a stir as hit the street with a surprisingly warm reception. Opening the day at $16, $2 more than the initial estimates, the price rose to...

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Chalk One Up For The Armchair Economists


Chalk One Up For The Armchair Economists

Mike Arrington, over at TechCrunch, has written up a post about "The Inevitable March of Recorded Music Towards Free" which will sound mighty familiar if you're a Techdirt reader. It's pretty much the same thing I've been saying for almost a dozen years at this point, pointing out the economics and ...

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