By Frank Lara, Guest Author
What happens when you delay your flagship product and you exist in the cut throat gaming sector? How about a 22% drop in your company stock and plenty of time to beat yourself up questioning – what went wrong?
Take-Two Interactive Software Inc. (NASDAQ:TTWO) finished the week down 26% when you add in Friday’s after-hours activity. This week Take-Two announced it would not deliver “Grand Theft Auto IV” in time for the 2007 Holiday shopping season, and warned it would post a full-year loss, before one-time items. >>>
SM: How did you penetrate the market and get early traction?
JW: While I was at Shockwave, I had the privilege to work with some of the top developers in casual games. We saw the opportunity to help those developers do what they love – focus on making games – by becoming the first publisher in casual games. Game making is an art, but if you want to do it for very long you also need to focus on efficient production practices, business development, marketing, sales, finance, legal, etc. Shipping a good game is hard enough, but creating the foundation for a long-term business is even harder. We provide that solution to our developers. >>>
The Base of the Pyramid (BoP) Learning Lab of the Center for Sustainable Global Enterprise at the Johnson School of Management, Cornell University is accepting submissions for its 2007 BoP e-Journal Competition. The competition seeks to highlight the challenges of doing business in underserved markets and identify innovative business experiments or solutions to those challenges.
By Richard Laermer, Guest Author
How the hell did lying become so fashionable – again!
Lately it appears everyone has foregone lessons of our recent
forefathers (Mr. WorldCom, Mr. Rigas, and M.S. Living) and it’s right back
to “what can I get away with” time AGAIN.
We are entering a nascent period where it’s too easy to get caught now since our faithful media consists of citizen journalists who will do absolutely
anything for a scoop-like lose sleep and not get paid. The trip down is
way too low these days. >>>
SM. How big is the market? How do you calculate TAM (Total Available Market)?
JW: The casual games market is expected to hit $1.5 billion next year. More than 200 million people play casual games via the Internet today, with about 60 million downloads each month (Computerworld). Analyst firm DFC Intelligence predicts that casual games will become a $13 billion industry by 2012. This is amazing validation that casual games are truly the future of gaming because just as of 2005, the entire U.S. videogame software market was just $7.1 billion (ESA annual report).
SM: What is your business model? >>>
Kaustav Bhattacharya sends this open letter:
Ten years ago a young gentleman by the name of Shashank Tripathi set out
to organize a train journey around India for 200 gifted students to
commemorate 50 years of India’s independence and visit the change makers
who were defining and shaping India. >>>
Business Week has a wonderful profile of Ratan Tata, titled The Last Rajah.
It is simply incredible what Tata’s acquisition of Corus and the more recent bid for Jaguar/Land Rover is doing for the image of India, Inc. Reminds me a bit of the time when India defied the international powers and did the first nuclear tests, sending out a message to the world: “Hey, we are adults too!”
The only problem I have with Ratan Tata’s passions is that small car project.
Here’s a must-read analysis of the patent by Marty Himmelstein, formerly from Vicinity.
Marty also wrote to me privately: “Hi Sramana – I read your post on local.com today. As I tried to make the case in my post, the Local.com patent is fatally flawed. First, the copious prior art makes the patent irrelevant. I just don’t see how the patent could possibly survive that hurdle. Yahoo! has had a geographic search capability on their site since before Google. So, as I point out in my post, Google, Yahoo, and Microsoft have nothing to gain by acquiring Local.com. I don’t think there is much room for Local.com to maneuver here: that the prior art pertains directly to Local.com’s patent is obvious; it is plentiful, and it is better. I don’t think the patent should have been granted in the first place.”
Google, by buying Local.com, wouldn’t be blocking anybody out of this multi-billion dollar market, because there are other doors that actually work. It reminds me of the scene in Blazing Saddles, where to slow their pursuers down, the good-guys put a toll-booth in the middle of the desert. And the bandits, none too bright, queue up in line. It won’t work this way. Best, Marty Himmelstein” >>>