Add to the fact that the you want to recoup the price you paid for the device in cheaper books. I bet that that would incentivize myself 200% towards buying more books.
At a pizza restaurant in my home town in 1974-75, I used to shove my quarters into the Pong machine over and over and over while my little sister shoved her quarters into the jukebox to hear David Essex's "Rock On" over and over and over. Pong and "Rock On" are inextricably paired in my mind.
I was there, youngster. The bong and pong were a natural pairing--get toasted and play pong for hours. Another plus: Saturday Night Live was actually fuuny back then.
Even further dilution. How important is a 5 million cashout when you only have 7% left of the company you slaved on for three years?
I never plan on taking VC money if it is at all possible to avoid.
I would buy that bike, provided that it was not overly uncomfortable. The idea of a ultra-small folding bike is attractive to anyone who lives in a city.
I agree with part of that. Look at the German LinkedIn competitor, which is a publicly traded company. It is the local leader, but that did not stop LinkedIn from moving in there. In the long run, the only strong brand is a global one. I do not see an opportunity for every region to have a successful me-too competitor.
I do not see an opportunity for every region to have a successful me-too competitor.
Don't forget though, that the cultural gap between the US and Asia is much bigger than between the US and europe. It's quite likely that a successful US product can be made successful in europe by the same people. It's a different story when you move from US/Europe to India, Japan or even China.
The japanese Facebook (mixi.jp) looks quite different to the US and european variants. Not only in terms of aesthetics but also in many subtile usability and feature aspects.
The Chinese facebook (xiaonei.com) is another good example of this - it started as a complete facebook ripoff, but has now gained more momentum than facebook has in that country, and is evolving its own feature set.
This goes to support the point that, for the next while at least, "me too" business models WILL work in developing nations.
I'm not so sure. People who were considering a purchase probably got it during the sale. Now that the sale has established that the game is "worth" $25, perhaps people will wait longer before buying to see if the price drops again. This may hurt their higher-price sales, not only on this game but on all Steam games.
(At least, that's the logic I'd use. I've bought several games on Steam -- including this one -- all on 10%-75% sales.)
Ah but are you buying because the price is $25 or because it's half the price of $50?
I buy all my games when they go below $30, so it makes no difference to me if the game goes on sale or simply drops in price because I'll grab it anyway. Most times I'll grab the game used as I get a disc in excellent quality, usually $10 cheaper than the original game. I'm already watching the used Fable 2 and Fallout 3 games for when they hit $30 because I'm snatching them up.
Edit: I'm an exceptional bastard when it comes to used games, because I always look through them because there's often a wrongly priced copy that they have to honor the pricing on. I got Bully: SE $10 cheaper and just a few days ago Mass Effect $8 cheaper because of the mistake. I was actually waiting before getting Mass Effect as I wanted to complete Bully, but when I saw a huge stack saying $33 and then in the bottom row one saying $25 I couldn't resist, especially considering Mass Effect used prices are going to start going up through this year with ME 2 coming out in the spring of 2010.
Why? Everything available to Facebook, I voluntarily put there. Just as anything I say in a comment in their widget will be voluntarily contributed. As a Facebook consumer, a single identity across all my comments tied to a service I already enjoy makes Facebook that much more useful to me. Let them do with the data I gave them as they please.
Hell, I am far more concerned with how much credit agencies seem to know about me, and I never like giving my information to them =p.