Sunday, March 20, 2005

Fortress Blogland

Partial answer to how the INS views blogs, via Wonkette:

'You can't make a living from blogging. Stop lying and tell me why you're really here.'

We'll have to assume the answer to our last question, as to whether an I-Visa might be forthcoming, is "get lost, you Monster Munch-stuffed unwashed mass."

2 Comments:

At 9:08 AM, Anonymous Anonymous said...

How did Google bypass the Wall Street financial types ? They let the public set the price. Do you have any info on how they did that?

 
At 10:44 AM, Blogger Gringcorp said...

Short answer is they didn't. They used several investmment banks, and large institutions (pension funds, etc) still took huge chunks. But you're right, they did use a Dutch auction to set the price, and if we remember were pressured to provide a bit more comfort to large buyers. But we could be wrong. We heartily recommend a treatment by the mighty Fellix Salmon at http://www.felixsalmon.com/000300.php. He doesn't have much more knowledge than us, but he is sharper.

 

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